Deposit 1 billion VND at Agribank for which term to get the highest interest rate?

Update deposit interest rates at Agribank

Vietnam Bank for Agriculture and Rural Development (Agribank) is listing interest rates around 2.2 - 4.8%/year depending on the deposit term.

Below is the table of savings interest rates for individual customers at Agribank on January 21, 2025:

How to receive interest if depositing 1 billion VND at Agribank?

Formula for calculating bank interest:

With a deposit of 1 billion VND at Agribank, customers can receive the following interest:

Note that the above interest amount is calculated by the interest payment method at the end of the period and is for reference only. For the most detailed and updated information, customers should contact the nearest Agribank branch directly or visit the bank's official website.

Readers can refer to the interest rates of some banks through the following table:

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%/year for a 12-month term; 6.1%/year for a 13-15-month term; 6.4%/year for a 18-36-month term. Conditions apply to deposits over 1 billion VND.