Full set of latest Agribank interest rates
According to Lao Dong, the Bank for Agriculture and Rural Development of Vietnam (Agribank) currently has a savings interest rate ranging from 1.6-4.7%/year depending on the term.
1-month term savings interest rate is 1.6%/year.
3-month term savings interest rate is 1.9%/year.
6-month term savings interest rate is 3.0%/year.
9-month term savings interest rate is 3.0%/year.
12-month term savings interest rate at 4.7%/year.
18-36 month term savings interest rate is 4.8%/year.
In addition, the online savings interest rate table at Agribank is currently listed as follows:
1-month term deposit interest rate is 2.2%/year.
3-month term deposit interest rate is 2.5%/year.
Interest rate for 6-11 month term deposits is currently at 3.5%/year.
Interest rates for terms greater than 12 months are at 4.7%/year.
Interest rate for 24-36 month deposits is 4.8%/year.
In general, savings interest rates at banks in the Big4 group (Agribank, BIDV, Vietcombank, VietinBank) have a small difference between terms. Vietcombank often has lower interest rates than the other three banks. VietinBank has the highest interest rates for long terms such as 24 and 36 months. Agribank and BIDV have similar interest rates for many terms, but BIDV is better for a 24-month term.
How much interest do you receive if you deposit 1 billion 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 depositing 1 billion VND at Agribank, the interest received for each term is as follows:
Interest rate for 1-month deposit: 1,333,333 VND
Interest rate for 3-month deposit: 4,750,000 VND
Interest rate for 6-month deposit: 15,000,000 VND
9-month deposit interest rate: 22,500,000 VND
Interest rate for 12-month deposit: 47,000,000 VND
Interest rate for 18-month deposit: 72,000,000 VND
Interest rate for 36-month deposit: 144,000,000 VND
* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles on interest rates HERE.
