Full set of latest Agribank interest rates
Vietnam Bank for Agriculture and Rural Development (Agribank) has just updated its online deposit interest rate increase by 0.3%/year for terms from 6 to 9 months.
According to the online interest rate table, the interest rate for 6-9 month terms has increased to 3.5%/year, while the interest rate for other terms remains the same.
The interest rate for a 1-2 month term is 2.2%/year, and for a 12-18 month term it is 4.7%/year. The highest term is 24 months with a maximum interest rate of 4.8%/year.
Among the Big 4, Agribank is the only bank that has continuously adjusted deposit interest rates in the past 4 months. On October 16, Agribank increased 0.2%/year for terms of 1-5 months and decreased 0.1%/year for terms of 6-11 months.
Previously, in September 2024, Agribank increased interest rates by 0.2%/year for 1-2 month terms and 0.3%/year for 3-5 month terms.
In August 2024, interest rates for 1-2 month terms will increase by 0.2%/year, 3-5 month terms will increase by 0.3%/year, and 24 month terms will increase by 0.1%/year.
The current savings interest rates at Agribank are listed as follows:
1-month deposit interest rate is 2.2%/year.
3-month deposit interest rate is 2.7%/year.
Interest rate for 6 - 9 month term deposits is 3.5%/year.
Interest rates on deposits for terms greater than 12 months are 4.7%/year.
Interest rates on deposits for 24-36 month terms are 4.8%/year.
Depositing 500 million VND at Agribank, how much interest will I receive at each term?
Readers can quickly calculate bank interest using the following formula:
Interest = Deposit x interest rate (%)/12 months x number of months of deposit.
Thus, depositing 500 million VND at Agribank, customers can receive the highest interest rate as follows (applicable to individual customers depositing money online):
* 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 about interest rates HERE.
