Full set of latest Vietinbank savings interest rates
According to Lao Dong, Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is applying savings interest rates for individual customers with two forms of deposit: at the counter and online.
VietinBank's counter savings interest rates range from 0.1% to 4.8%/year, depending on the deposit term.
1-month term interest rate at 1.6%/year.
3-month term interest rate at 1.9%/year.
6-month term interest rate at 2.0%/year.
9-month term interest rate at 3.0%/year.
12-month term interest rate at 4.7%/year.
18-36 month term interest rate at 4.8%/year.
To encourage customers to transact via digital channels, VietinBank offers more preferential interest rates for online savings deposits via the VietinBank iPay application.
1-month term interest rate at 2.0%/year.
3-month term interest rate at 2.3%/year.
6-month term interest rate at 3.3%/year.
9-month term interest rate at 3.3%/year.
12-month term interest rate at 4.7%/year.
Interest rate for terms over 24 months is 5.0%/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.
Currently, 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 Vietinbank?
Readers can quickly calculate bank deposit interest using the following formula:
Interest = Deposit x interest rate (%)/12 months x number of months deposited.
* 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.
