Vietcombank lists interest rates for individual customers who deposit 7 - 14 days to receive an interest rate of 0.2%. For customers who deposit savings for 1 and 2 month terms, Vietcombank lists the interest rate at 1.6%/year. At the 3-month term, Vietcombank listed the interest rate at 1.9%/year.
Customers who deposit money for terms of 6 - 9 months receive interest at 2.9%/year. Customers who deposit money from 12 months receive an interest rate of 4.6%. Customers who deposit money from 24 - 60 months receive the highest interest rate of 4.7%.
Customers who make demand deposits will receive an interest rate of 0.1%/year.
You can refer to the interest calculation method to know how much interest you will receive after saving. The formula for calculating interest is as follows:
Interest = Deposit x deposit interest rate %/12 x number of months deposited
For example, you deposit 800 million VND into Vietcombank, for a term of 24 months and earn an interest rate of 4.7%/year, the amount of interest received is as follows:
800 million VND x 4.7%/12 months x 24 months = 75.2 million VND.
* Information on interest rates is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE .
