The latest Agribank interest rates
As noted by labor, the Bank for Agriculture and Rural Development of Vietnam (Agribank) currently has a savings interest rate ranging from 2.1-4.9%/year depending on the term.
1 month savings interest rate is 2.1%/year.
The 3 -month savings interest rate is 2.4%/year.
6 -month savings interest rates at 3.5%/year.
The 9 -month savings interest rate is 3.5%/year.
The 12 -month savings interest rate is 4.7%/year.
The 24 -month savings interest rate is 4.8%/year.

In addition, Agribank currently lists online deposit interest rates as follows:
1 month deposit interest rate is 2.4%/year.
3 -month deposit interest rate is 3.0%/year.
6-9-month deposit interest rate is 3.7%/year.
12 -month deposit interest rate is 4.8%/year.
The 18 -month deposit interest rate is 4.8%/year.
24-36 months deposit interest rate is 4.9%/year.

Comparing interest rates between four large banks shows that Agribank has the highest level in short term (1-9 months), especially 6-9 months with 3.7%/year.
VietinBank and BIDV have equivalent interest rates at most terms, but BIDV is slightly higher in 24-36 months (4.9% compared to 4.8-5.0%).
Vietcombank has the lowest interest rate, especially in the term of less than 12 months.
How much interest do you receive if you deposit 800 million VND at Agribank?
Readers can quickly calculate bank deposit interest using the following formula:
Interest = Deposit x interest rate (%)/12 months x number of months deposited.
If you deposit VND 800 million at Agribank, the amount of interest receives for each term is as follows (for online deposit interest rates):
1 month term: 1,600,000 VND
3-month term: 6,000,000 VND
6-month term: 14,800,000 VND
9-month term: 22,200,000 VND
12-month term: 38,400,000 VND
18-month term: 57,600,000 VND
24 -month term: 78,400,000 VND
36 -month term: 117,600,000 VND
* Information about interest rates is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to articles about interest rates here.