Agribank interest rate fluctuations, deposit 150 million, how to receive interest

Latest updated deposit interest rates at Agribank

Currently, Agribank has increased interest rates, the highest rate reaching 4.8%/year applied for 24-month term. Other interest rates include:

Term 12-18 months: 4.7%/year.

Term 6-11 months: 3.5%/year.

Term 1-5 months: 2.2%-2.5%/year.

No term: 0.2%/year.

Readers can also refer to current bank interest rates in the table below:

Many banks list interest rates at high levels, up to 7-9.5%. However, to receive this interest rate, special conditions must be met.

PVcomBank is currently leading in special interest rates when customers deposit money at the counter, with 9.5% for a term of 12-13 months. However, the condition to receive this interest rate is that customers must have a minimum deposit balance of VND 2,000 billion.

Next is HDBank with a particularly high interest rate, up to 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a minimum balance of VND500 billion. This bank also applies a 6% interest rate for an 18-month term.

MSB applies interest rates for deposits at the counter up to 8%/year for a 13-month term and 7% for a 12-month term. The applicable conditions are that the savings book is newly opened or the savings book is opened from January 1, 2018, automatically renewed with a term of 12 months, 13 months and the deposit amount is from 500 billion VND.

Dong A Bank has a deposit interest rate of 13 months or more, with the final interest rate applied to deposits of 200 billion VND or more at 7.5%/year. This bank also applies an interest rate of 6.1% for a 24-month term.

Bac A Bank applies an interest rate of 6.25% for a term of 18-36 months, applicable to deposits over 1 billion VND.

How to receive interest when depositing money at Agribank?

Formula for calculating bank interest:

With a deposit of 150 million VND, if you deposit it in Agribank, you will receive the following interest rate: