Latest HDBank savings interest rates
According to records, HDBank's savings interest rates for individual customers depositing online and receiving interest at the end of the term are fluctuating depending on the term. In which, HDBank's highest annual savings interest rate is 5.6%/year, applied for an 18-month term.
Specifically, HDBank online savings interest rates are currently listed as follows:
The interest rate for 1-week term savings is 0.5%/year.
The interest rate for 1-month term savings is 4.2%/year.
The interest rate for 2-month term savings is 4.2%/year.
The 3-month term savings interest rate is 4.3%/year.
The interest rate for 6-month term savings is 5.0%/year.
The interest rate for 9-month term savings is 4.8%/year.
The 10-month term savings interest rate is 4.8%/year.
The interest rate for 12-month term savings is 5.3%/year.
The interest rate for 13-month term savings is 5.5%/year.
The interest rate for 18-month term savings is 5.6%/year.
The savings interest rate for a 24-month term is 5.0%/year.
The interest rate for 36-month term savings is 5.0%/year.
Thus, if considering the annual savings interest rate, the 18-month term is the highest at HDBank. However, if considering the total amount of interest received, the 36-month term gives the highest interest because the deposit period is longer.
Deposit 500 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
With a deposit of 500 million VND, if depositing online savings at HDBank for a term of 36 months, receiving interest at the end of the term, the savings interest rate is 5.0%/year. The expected interest amount is calculated as follows:
500 million VND x 5.0%/year x 36 months/12 months = 75 million VND
The total amount of principal and interest upon maturity is approximately 575 million VND.
If deposited at the term with the highest annual savings interest rate of 18 months, at 5.6%/year, the interest amount customers receive is:
500 million VND x 5.6%/year x 18 months/12 months = 42 million VND
Some reference interest rates when depositing 500 million VND at HDBank:
Deposit 500 million VND for a 1-month term, savings interest rate 4.2%/year, receive about 1.75 million VND.
Deposit 500 million VND for a 3-month term, savings interest rate 4.3%/year, receive about 5.37 million VND.
Deposit 500 million VND for a 6-month term, savings interest rate of 5.0%/year, receive about 12.5 million VND.
Deposit 500 million VND for a 9-month term, savings interest rate 4.8%/year, receive about 18 million VND.
Deposit 500 million VND for a 12-month term, savings interest rate of 5.3%/year, receive about 26.5 million VND.
Deposit 500 million VND for a 13-month term, savings interest rate of 5.5%/year, receive about 29.79 million VND.
Deposit 500 million VND for an 18-month term, savings interest rate of 5.6%/year, receive about 42 million VND.
Deposit 500 million VND for a 24-month term, savings interest rate of 5.0%/year, receive about 50 million VND.
Deposit 500 million VND for a 36-month term, savings interest rate of 5.0%/year, receive about 75 million VND.
The above interest amount is for reference only, calculated according to the usual formula, excluding special incentive programs if any. Before depositing savings, customers should check the HDBank savings interest rate at the time of transaction, the method of receiving interest and the conditions applicable to each product.
