Comparison of 2-month savings interest rates at some banks
According to a survey of deposit interest rates of 15 banks, it can be seen that the interest rate for 2-month deposits is fluctuating around 3.1% - 4%, depending on the bank.
Of which, the banks with the highest interest rates up to 4% include: National Bank (NCB Bank) and Saigon Joint Stock Commercial Bank (SCB Bank); Kien Long Commercial Joint Stock Bank (Kien Long Bank); Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
Banks such as: Bank for Agriculture and Rural Development (Agribank), Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) are listing the lowest bank interest rates for this term, at 3.1%.
Which bank should you deposit 300 million in to receive the most interest for a 2-month term?
For the 2-month deposit term, the highest bank interest rate among surveyed banks is 4%. You can choose to deposit at NCB Bank, SCB Bank, Kien Long Bank... The interest received will be calculated according to the formula: Interest x deposit interest rate/12 x 2 months.
For example, you deposit 300 million in NCB Bank, with an interest rate of 4%. So the interest you receive is: 300 million x 4%/12x2 = 2 million VND.
In addition to the above deposit term, you can also refer to the 6-month deposit term to receive higher interest.
6-month term interest rate is higher than 2-month term, with deposit interest rate up to 6.5%, at NCB Bank. Or VPBank is 6.1%; Oceanbank is 6.2%.
