Cake by VPBank is listing the highest interest rate for 6-month deposits at 5.8%/year when customers receive interest at the end of the term. When customers receive interest at the beginning of the term, monthly and quarterly, they will receive interest rates of 5.42% and 5.53% and 5.56%/year respectively. The interest rate of 5.8% is applied to terms from 6-11 months.
In addition, Cake by VPBank is listing the highest interest rate at 6% when customers deposit for a term of 12-36 months.
GPBank lists the highest interest rate for a 6-month term at 5.65%/year when customers deposit money online and receive interest at the end of the term. Currently, GPBank is listing the highest interest rate at 5.95% when customers deposit money for 12 months or more.
Vikki Bank is listing the highest interest rate for a 6-month term at 5.65%/year when customers deposit money online and receive interest at the end of the term. The highest term this unit is listing the highest interest rate is 13 months, at 6%.
How to receive interest if you deposit for 6 months?
Formula for calculating 6-month savings interest at the bank:
Interest = Deposit x interest rate (%)/12 months x number of months deposited
Deposit 500 million VND in Bank A, with an interest rate of 5.8% for a 6-month term. The interest you receive is estimated at:
500 million VND x 5.8%/12 x 6 months = 14.5 million VND.
Deposit 200 million VND in Bank A, with an interest rate of 5.7% for a 6-month term. The interest you receive is estimated at:
200 million VND x 5.7%/12 x 6 months = 5.7 million VND.
Before depositing savings, readers should compare savings interest rates between banks and interest rates between terms to enjoy the highest interest.
* 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.
