Full set of Agribank interest rates today
According to Lao Dong Newspaper, the Bank for Agriculture and Rural Development of Vietnam (Agribank) currently has a savings interest rate ranging from 0.2-4.8%/year when customers deposit money at the counter, depending on the term.
1-month term savings interest rate is 2.1%/year.
3-month term savings interest rate is 2.4%/year.
6-month term savings interest rate is 3.5%/year.
9-month term savings interest rate is 3.5%/year.
12-month term savings interest rate at 4.7%/year.
24-month term savings interest rate is 4.8%/year.
Readers can quickly calculate bank deposit interest using the following formula:
Interest = Deposit x interest rate (%)/12 months x number of months deposited.
For example, you deposit 200 million VND in bank A, with an interest rate of 4.8% for a 24-month term. The interest you receive is estimated at:
200 million VND x 4.8%/12 x 24 months = 19.2 million VND.
You deposit 1 billion VND in bank A, with an interest rate of 4.7% for a 12-month term. The interest you receive is estimated at:
1 billion VND x 4.7%/12 x 12 months = 47 million VND.
Before depositing savings, readers should compare savings interest rates between banks and interest rates between terms to enjoy the highest interest.
* Interest rate information 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 on interest rates HERE.
