Recorded on July 18, HDBank's personal deposit interest rate table shows that VND savings interest rates are fluctuating depending on the term, deposit form and interest receipt method. In which, HDBank online interest rate group continues to have higher listings compared to deposits at counters for many terms.
HDBank interest rates for the main terms, highest 6.1%/year
According to the deposit interest rate schedule for individual customers publicly announced by HDBank, HDBank online VND savings interest rates are listed as follows:
The savings interest rate for terms of 1-2 months is 4.2%/year;
Savings interest rate for terms of 3-5 months is 4.3%/year;
6-month term savings interest rate is 5.5%/year;
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;
Savings interest rates for terms of 13 and 15 months both reach 6.0%/year;
Savings interest rate for 18-month term reached 6.1%/year;
The savings interest rate for terms of 24-36 months is 5.5%/year.
Thus, in the group of regular online savings interest rates, the 18-month term has the highest interest rate, reaching 6.1%/year.
For Vikki Online Savings product in HDBank's interest rate table, notable interest rates include:
5.65%/year 6-month savings term;
5.95%/year savings term of 12 months;
and 6.0%/year for a 13-month savings term.
Special term at HDBank with the highest interest rate of 8.1%/year
HDBank's interest rate table also records two special interest rates at the counter: 7.7%/year for 12-month term type 1 and 8.1%/year for 13-month term type 1.
However, these two interest rates apply to savings of at least 500 billion VND or more/savings card and only apply the late-term interest form, not applying early-term or periodic interest.
Therefore, with a deposit of 400 million VND, customers are not eligible to enjoy the special interest rate of 7.7-8.1%/year mentioned above.
Deposit 400 million VND at HDBank, how much interest will you receive?
With a deposit of 400 million VND, if you choose an 18-month online term with an interest rate of 6.1%/year, the estimated interest amount according to the simple formula will be:
Interest = Deposit amount x interest rate x number of months deposited / 12
That is:
400,000,000 VND x 6.1% x 18 / 12 = 36,600,000 VND
Thus, customers depositing 400 million VND at HDBank on an 18-month online term can receive about 36.6 million VND in interest upon maturity, not including changes in product conditions or specific regulations at the time of deposit.
If you deposit 400 million VND at a 13-month online term with an interest rate of 6.0%/year, the estimated interest amount is:
400,000,000 VND x 6.0% x 13 / 12 = 26,000,000 VND
If you deposit 400 million VND at a 12-month online term with an interest rate of 5.8%/year, the estimated interest amount is:
400,000,000 VND x 5.8% x 12 / 12 = 23,200,000 VND
Meanwhile, if you choose Vikki Online Savings product with a 13-month term with an interest rate of 6.0%/year, customers depositing 400 million VND can also receive about 26 million VND in interest upon maturity.
According to HDBank, the interest rate table is for reference. Customers should contact the nearest HDBank branch or the bank's customer service center to know the updated interest rate at the time of deposit.
