Full set of latest Agribank interest rates
According to Lao Dong, the Vietnam Bank for Agriculture and Rural Development (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 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 200 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 depositing 200 million VND at Agribank, the interest received for each term is as follows:
1-month term: 266,667 VND
3-month term: 950,000 VND
6-month term: 3,000,000 VND
9-month term: 4,500,000 VND
12-month term: 9,400,000 VND
18-month term: 14,400,000 VND
24-month term: VND 19,200,000
* 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.
