Full set of Agribank interest rates for all terms
According to a survey by Lao Dong on April 13, the savings deposit interest rate at the counter of the Bank for Agriculture and Rural Development (Agribank) has been adjusted down, currently fluctuating in the range of 2.6 - 6.0%/year.
According to the direction of the SBV, commercial banks highly agree with reducing the general level of deposit interest rates, the savings deposit interest rate schedule at Agribank's counters is being updated as follows:
The interest rate for 1-month term deposits remains unchanged, currently at 2.6%/year.
The 3-month term deposit interest rate is maintained at 2.9%/year.
The interest rate for 6-11 month term deposits is currently at 4.0%/year.
Deposit interest rates for terms longer than 12 months are currently at 5.9%/year.
Deposit interest rates for terms of 24 - 36 months decreased by 0.5%, currently at 6.0%/year.
Deposit 500 million VND at Agribank, how much interest will you receive for each term?
Readers can quickly calculate savings deposit interest rates using the formula below:
Monthly interest = Deposit amount x interest rate (%/year)/12 x number of months deposited
Thus, depositing 500 million VND at Agribank, customers can receive the highest interest rate as follows (applied to individual customers depositing directly at the counter):
* Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
