Interest Rate Agribank Today
At one-month and two-month terms, Agribank lists interest rates at 1.7%/year. At three- to five-month terms, Agribank lists interest rates at 2%/year. Savings interest rates at Agribank for terms from six to eleven months are at 3%/year. Customers depositing money from twelve to eighteen months receive interest rates of 4.7%/year.
Customers depositing money for twenty-four months receive the highest interest rate among the terms, at 4.8%/year.
Customers depositing money without a term and transaction deposits will receive interest rates at 0.2%/year.
How Much Interest Will You Receive If You Deposit 500 Million Dong at Agribank?
Readers can quickly calculate interest received from a bank using the following formula:
Interest = Principal x Interest Rate (%)/12 months x Number of Months Deposited.
For example, if you deposit 500 million dong into Agribank, with an interest rate of 4.8% at a 24-month term, the estimated interest you will receive is:
500 million dong x 4.8%/12 x 24 months = 48 million dong.
Before depositing savings, readers should compare interest rates between banks and between terms to receive the highest interest rate.
* The information on interest rates is for reference only and may change at any time. Please contact the nearest bank branch or hotline for specific advice.
Readers can refer to additional articles on interest rates HERE.