Full set of VietinBank interest rates at all terms
According to Lao Dong, savings interest rates at Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) currently fluctuate between 2.0 - 5.0%/year.
Savings interest rates at VietinBank are currently listed as follows:
Interest Rate for deposits under 1 month: 0.2%.
Interest Rate for deposits from 1 month to 2 months: 2.0%.
Interest Rate for term deposits from 3 months to less than 6 months: 2.3%.
Interest Rate for term deposits from 6 months to less than 12 months: 3.3%.
Interest Rate for term deposits from 12 months to under 24 months: 4.7%.
Interest Rate for term deposits from 24 months to over 36 months: 5.0%.
In the Big4 banking group including BIDV, VietinBank, Agribank, Vietcombank, VietinBank is currently holding the most preferential interest rate compared to the remaining banks. Accordingly, BIDV's interest rate currently fluctuates between 2.0 - 4.9%/year, Vietcombank's interest rate currently fluctuates between 1.6 - 4.7%/year, Agribank's interest rate is between 1.7 - 4.8%/year.
Depositing 1 billion VND at VietinBank, how much interest will I receive at each term?
You can quickly calculate bank deposit interest using the following formula:
Interest Rate = Deposit x interest rate (%)/12 months x number of months of deposit.
Thus, depositing 1 billion VND at VietinBank, customers can receive the highest rate as follows (applicable to individual customers):
1 month term: 1,666,667 VND.
3 month term: 5,750,000 VND.
6 month term: 16,500,000 VND.
12 month term: 47,000,000 VND.
24 month term: 100,000,000 VND.
Term 36 months: 150,000,000 VND.
* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction system or hotline for specific advice.
You can refer to more articles about interest rates HERE.
