Full set of Agribank and VietinBank interest rates at all terms
According to Lao Dong, the interest rate on savings deposits at the Vietnam Bank for Agriculture and Rural Development (Agribank) currently fluctuates between 1.7 - 4.8%/year. The interest rate on savings deposits at the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) currently fluctuates between 2.0% - 5.0%/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 deposits with terms of 24-36 months is 4.8%/year.
Meanwhile, the savings interest rate table at VietinBank is 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 less than 24 months: 4.7%.
Interest Rate for term deposits from 24 months to over 36 months: 5.0%.
Deposit 1 billion VND at Agribank or VietinBank to get higher interest?
Readers can quickly calculate bank interest using the following formula:
Interest = Deposit x interest rate (%)/12 months x number of months of deposit
Thus, the interest rate difference between Agribank and VietinBank causes the interest rate customers receive for each term to also be different, specifically as follows (applied to individual customers):
* 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.
