Current LPBank savings interest rates
According to the Lao Dong Newspaper reporter, the savings interest rate at LPBank is fluctuating from 3.0 - 5.4%. In particular, the highest LPBank interest rate is 5.4% applied for terms of 18 months or more. Next is the term of 12 months, 13 months, the savings interest rate is 5.1%.
On the contrary, for a 1-month term, LPBank's interest rate is 3.0%; for a 3-month term, the interest rate is at 3.2%.
MBBank savings interest rates
At MBBank, savings interest rates range from 3.1 - 5.7%. Of which, the interest rate for deposits of 24 months or more is 5.7%.
For 12-18 month deposit term, MBBank interest rate is 4.9%. For 1 month term, MBBank's lowest interest rate is 3.1%.
Compared to LPBank, MBBank's interest rates for terms of 24 months or more are 0.3 percentage points higher than the same period.
For deposit terms of 1 month, 3 months, 6 months, and 9 months, MBBank's listed interest rates are higher than LPBank's, ranging from 0.1 - 0.3 percentage points.
VietinBank savings interest rates
Savings interest rates at VietinBank are fluctuating from 1.7 - 4.7%. Of which, for deposit terms of 12 months or more, VietinBank lists an interest rate of 4.7%.
Currently, VietinBank's lowest interest rate is 1.7% for a 1-month deposit term; 2.0% for a 2-month term and 3.0% for a 6-month and 9-month term.
Compared to LPBank and MBBank, VietinBank's interest rates are lower for all current deposit terms.
Deposit 500 million VND into LPBank, MBBank, VietinBank, how much interest do you receive?
Formula for calculating bank savings interest:
Interest = Deposit x interest rate (%)/12 months x deposit term.
+ Interest on savings deposit of 500 million at LPBank:
- 3 month term: 4 million VND.
- 12-month term: 25.5 million VND.
- 24-month term: 54 million VND.
+ Interest on savings deposit of 500 million at MBBank:
- 3-month term: 4,375 million VND.
- 12-month term: 24.5 million VND.
- 24-month term: 57 million VND.
+ Interest on savings deposit of 500 million at VietinBank:
- 3 month term: 2.5 million VND.
- 12-month term: 23.5 million VND.
- 24-month term: 47 million VND.
* 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.
