Highest Agribank interest rate, deposit 150 million and receive more than 14 million

Update deposit interest rate at Agribank

The Bank for Agriculture and Rural Development of Vietnam (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 February 10, 2025:

Deposit 150 million VND at Agribank, how much interest will you receive

Formula for calculating bank interest:

With a deposit of VND 150 million at Agribank, customers can get the following interest:

1-month term (interest rate of 2.2%/year):

Interest = 150 million VND × 2.2% / 12 × 1 month = 275,000 VND.

6 -month term (interest rate 3.5%/year):

Interest = 150 million × 3.5% / 12 × 6 months = 2,625,000 VND.

24-month term (interest rate 4.8%/year):

Interest = 150 million VND × 4.8% / 12 × 24 months = 14,400,000 VND.

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

Some banks have the highest interest rates

The highest 12-month term interest rate is up to 7-9%, but to enjoy this interest rate, customers must meet special conditions.

PVcomBank leads with a special interest rate of 9%/year for a term of 12-13 months when depositing money at the counter. The applicable condition is that customers must maintain a minimum balance of VND 2,000 billion.

HDBank applies an interest rate of 8.1%/year for 13-month and 7.7%/year for a 12-month term, with the condition of maintaining a minimum balance of VND 500 billion. In addition, the 18-month term will apply the 6% interest rate.

MSB listed an interest rate of 8%/year for 13-month and 7%/year for 12-month terms. The accompanying conditions are a minimum deposit of 500 billion VND from newly opened or automatically renewed savings books from January 1, 2018.

Dong A Bank applies the interest rate of 7.5%/year for term deposits of 13 months or more, with a minimum amount of VND 200 billion. The 24 -month term is applied by the interest rate of 6.1%/year.

Bac A Bank has the highest interest rate of 6.2%/year for terms from 18-36 months, with deposits over 1 billion VND.

Meanwhile, many banks list interest rates above 6%/year for long deposit terms but do not require a minimum deposit amount.

Eximbank applies an interest rate of 6.2-6.6%/year for long terms from 15-34 months; BVBank applies an interest rate of 6.05%, 12-month term, 6.25% for 15-month term, 6.35% for 18- and 6.45% for terms of 24-36 months;

IVB applies the highest interest rate of 6.45%/year for terms of 5 - 15 years, 6.25%/year for terms of 48 months, 6.15%/year for terms of 36 months and 6.05/year for terms of 12 months; KienLong Bank applies an interest rate of 6.1% for terms of 12-24 months, 6.3% for terms of 36 months and 6.4% for terms of 60 months;

GPBank applies the interest rate of 6.05%/year for 12-month term and 6.15%/year for terms of 13-36 months. Cake by VPBank applies 6%/year interest rate for 12-18 months and 6.3%/year for terms 24-36 months; OceanBank applied 6.1% interest rate for 24 -month term;

VRB and Dong A Bank apply 6% interest rates for 24-month terms; VietABank applies 6% interest rates for 36-month terms; SaigonBank applies 6% interest rates for terms 13, 18 and 24 months, 6.1% for 36-month terms; HDBank applies 6% interest rates for 15-month terms and 6.1% for 18-month terms; BAOVIET Bank applies 6% interest rates for terms 15, 18, 24 and 36 months; ABBBank applies 6% for 12-month terms; CB applies 6% interest rates for terms from 12 months or more.