Detailed latest BIDV savings interest rate schedule
According to the latest interest rate table survey of Vietnam Bank for Investment and Development (BIDV), this bank is currently applying a deposit interest rate framework around the threshold of 0.1% - 5.3%/year depending on the deposit term.
Recorded at the present time, for non-term deposits, BIDV applies an interest rate of 0.1%/year.
For short terms, interest rates are adjusted as follows:
1-month and 2-month terms enjoy interest rates of 2.1%/year.
For terms of 3 months to 5 months, the listed savings interest rate is 2.4%/year.
For customers with medium-term deposit needs, the interest rate becomes significantly more attractive. Specifically, for terms of 6 months and 9 months, the listed interest rate is 3.5%/year.
The long-term group recorded the most preferential interest rate in this bank's system. Customers depositing money for terms of 12 months, 13 months, 15 months and 18 months will enjoy a common interest rate of 5.2%/year.
In particular, the highest interest rate at BIDV is currently 5.3%/year, applied to long-term deposits from 24 months to 36 months.
Below is the latest updated detailed table of BIDV interest rates:
Depositing 1 billion VND at BIDV, how much interest will you receive?
To help readers better visualize the actual interest received, we implemented the calculation of interest for a deposit of 1 billion VND.
The interest you receive will depend on the deposit term and the interest payment method (here calculated according to the end-of-term interest payment method). The basic interest calculation formula is as follows:
Interest = Deposit amount x Interest rate (%/year)/12 x Months deposited
Thus, if depositing savings of 1 billion VND into BIDV:
Short term (1-3 months): You receive interest from 1.75 million to 6 million VND, suitable for cash flow that needs to be rotated quickly.
Term of 1 year (12 months): The profit earned is 52 million VND.
If you have long-term idle money, choosing a 36-month term will bring the highest interest amount, up to 159 million VND after the term ends.
Interest rate information is for reference only and may change at different times.
