Full set of Agribank interest rates at all terms
According to Lao Dong, savings interest rates at the Vietnam Bank for Agriculture and Rural Development (Agribank) currently fluctuate between 1.7 - 4.8%/year.
The current savings interest rates at Agribank are listed as follows:
Interest Rate for 1-month term deposits is 1.7%/year.
Interest Rate for 3-month term deposits is 2.0%/year.
Interest Rate for 6 - 9 month term deposits is 3.0%/year.
Interest Rate for deposits with terms greater than 12 months is 4.7%/year.
Interest Rate for 24-month deposits is 4.8%/year.
In the Big4 banking group including BIDV, Vietcombank, Vietinbank, Agribank, BIDV is currently holding the most preferential interest rate compared to the remaining banks. Accordingly, BIDV's interest rate currently fluctuates between 1.7 - 4.9%/year, Vietcombank's interest rate currently fluctuates between 1.6 - 4.7%/year, VietinBank's interest rate is between 1.7 - 4.8%/year.
Depositing 500 million VND at Agribank, how much interest will I receive at each term?
Readers can quickly calculate bank interest using the following formula:
Interest = Deposit x interest rate (%/year)/12 x number of months of deposit
Thus, depositing 500 million at Agribank, customers can receive the highest interest rate as follows (applicable to individual customers):
1 month term: 708,333,333 VND.
3 month term: 2,500,000 VND.
6 month term: 7,500,000 VND.
9 month term: 11,250,000 VND.
12 month term: 23,500,000 VND.
24 month term: 48,000,000 VND.
36 month term: 72,000,000 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.
Readers can refer to more articles about interest rates HERE.
