Latest Agribank Deposit Interest Rate
Currently, the deposit interest rate at Agribank is listed around 1.6 - 4.8%, depending on the term.
Among them, the deposit interest rate for a 12-month, 13-month, 15-month, and 18-month term is 4.7%.
The deposit interest rate for a 24-month term has recently been adjusted to increase from 4.7% to 4.8%.
Next are the 6-month, 7-month, 8-month, 9-month, 10-month, and 11-month terms, with Agribank's interest rate at 3.0%.
The deposit interest rate for a 4-month and 5-month term is lower at 1.9%. Meanwhile, the deposit interest rate for a 1-month and 2-month term at Agribank is 1.6%.
For the deposit interest rate without a term Agribank is currently applying at a rate of 0.2%.
You can also refer to the current interest rates of various banks through the latest summary table below.
Comparing the highest and lowest interest rates of banks at 3-month, 6-month, 12-month, and 24-month terms based on PV Báo Lao Động's survey, the highest interest rate at a 3-month term is 4.2% from Cake by VPBank. Meanwhile, the lowest interest rate at a 3-month term is 1.9% from Vietcombank and SCB. The difference between the highest and lowest interest rates at a 3-month term is quite large, reaching 2.3%.
The highest interest rate at a 6-month term is 5.5%, belonging to Cake by VPBank. The lowest interest rate at this term is 2.9% from Vietcombank and SCB. The gap between the highest and lowest interest rates at a 6-month term is 2.6%.
For a 12-month term, PVcomBank has broken through with a rate of 9.5%, far exceeding the highest rate of over 5% from other banks. Meanwhile, SCB has the lowest interest rate at this term, at 3.7%, resulting in a gap of 5.8%.
At a 24-month term, the highest interest rate is 6.1% from NCB and OceanBank. The lowest interest rate is 3.9% from SCB. The gap between the highest and lowest interest rates at a 24-month term is 2.2%.
How much money will you receive if you deposit 100 million VND at Agribank?
The formula for calculating interest on a bank deposit:
Interest = Principal x Interest Rate (%)/12 months x Deposit Term.
For example, if you deposit 100 million VND at Agribank on August 8, 2024, depending on the deposit term, the interest rate will be as follows:
+ Interest on deposit at Agribank for a 3-month term: 475,000 VND.
+ Interest on deposit at Agribank for a 6-month term: 1.5 million VND.
+ Interest on deposit at Agribank for a 9-month term: 2.25 million VND.
+ Interest on deposit at Agribank for a 12-month term: 4.7 million VND.
+ Interest on deposit at Agribank for a 24-month term: 9.6 million VND.
* The information on interest rates is for reference only and may change over time. Please contact the nearest bank branch or hotline for specific advice.
