Latest MB bank online interest rate table
According to Lao Dong, Military Commercial Joint Stock Bank (MB) has just updated the latest online deposit interest rate table:
1 month term: 3.7%/year
3 month term: 4.0%/year
6 month term: 4.6%/year
9 month term: 4.6%/year
12 month term: 5.1%/year
18-month term: 5.1%/year
Term 24-36 months: 5.9%/year
Latest interest rate table at MB bank counter
Counter deposit interest rates also recorded similar adjustments, with the following terms:
1 month term: 3.7%/year
3 month term: 4.0%/year
Term 6-9 months: 4.5%/year
12 month term: 5.05%/year
Term 18-36 months: 5.9%/year
How to calculate interest rate of MB bank savings
Customers can easily calculate interest using the formula:
Interest = Deposit x interest rate (%)/12 x number of months of deposit.
With a deposit of 1 billion VND, the highest interest rate is 5.9%/year, customers receive:
Term 24-36 months: 1,000,000,000 x 5.9%/12 x 36 = 294,000,000 VND.
This is an attractive interest rate, creating more attraction for customers to deposit savings during the period of fluctuating interest rates.
