Latest HDBank savings interest rates
According to HDBank's savings interest rate schedule for individual customers, online savings interest rates are being listed for each term. In which, HDBank's highest annual savings interest rate in the online channel is 6.1%/year, applied for an 18-month term.
Specifically, HDBank online savings interest rates, interest payment at the end of the term are recorded as follows:
The savings interest rate for terms of 1-2 months is 4.2%/year.
The savings interest rate for terms of 3 - 5 months is 4.3%/year.
The interest rate for 6-month term savings is 5.5%/year.
The savings interest rate for terms of 7 - 11 months is 5.3%/year.
The interest rate for 12-month term savings is 5.8%/year.
The savings interest rate for terms of 13 - 15 months is 6.0%/year.
The interest rate for 18-month term savings is 6.1%/year.
Savings interest rate for terms of 24 - 36 months is 5.5%/year.
Deposit 300 million VND at HDBank, how much interest will you receive?
To calculate savings interest, customers can apply the formula:
Interest = Deposit amount x interest rate %/year x number of months deposited/12 months
With a deposit of 300 million VND at HDBank, if depositing online savings for a term of 36 months, receiving interest at the end of the term, the savings interest rate is 5.5%/year. The expected interest amount is calculated as follows:
300 million VND x 5.5%/year x 36 months/12 months = 49.5 million VND
Customers depositing 300 million VND at HDBank for a 36-month term can receive about 49.5 million VND in interest. The total amount of principal and interest upon maturity is about 349.5 million VND.
If deposited at the term with the highest annual savings interest rate of 18 months, at 6.1%/year, the interest amount customers receive is:
300 million VND x 6.1%/year x 18 months/12 months = 27.45 million VND
Some reference interest rates when depositing 300 million VND for some other terms at HDBank:
Deposit 300 million VND for a 1-month term, savings interest rate 4.2%/year, receive about 1.05 million VND.
Deposit 300 million VND for a 3-month term, savings interest rate 4.3%/year, receive about 3.225 million VND.
Deposit 300 million VND for a 6-month term, savings interest rate of 5.5%/year, receive about 8.25 million VND.
Deposit 300 million VND for a 9-month term, savings interest rate of 5.3%/year, receive about 11.925 million VND.
Deposit 300 million VND for a 12-month term, savings interest rate of 5.8%/year, receive about 17.4 million VND.
Depositors need to note that HDBank lists some special interest rates for terms of 12 months and 13 months, but these levels often come with the condition that the deposit amount is very large. For a deposit of 300 million VND, customers should compare the ordinary savings interest rate schedule or the online savings interest rate at the time of transaction.
The above interest amount is for reference only, calculated according to the usual formula. The actual interest may change depending on the deposit date, interest receipt method, savings product and HDBank savings interest rate schedule at the time customers deposit money.
