New VPBank interest rate, deposit 500 million and receive 55 million interest

Thanh Bình |

VPBank's current deposit interest rates range from 3.5 - 5.5%/year. Depositing 500 million VND at VPBank will receive the highest interest of 55 million VND.

Full set of VPBank interest rates at all terms

According to Lao Dong, savings interest rates at Vietnam Prosperity Joint Stock Commercial Bank (VPBank) currently fluctuate between 3.5 - 5.5%/year.

The savings interest rates at VPBank are currently listed as follows:

1-month deposit interest rate is 3.5%/year.

3-month deposit interest rate is 3.7%/year.

Interest rate for 6-9 month term deposits is 4.7%/year.

Interest rates on deposits for terms greater than 12 months are 5.2%/year.

Interest rates on deposits for 24-36 month terms are 5.5%/year.

Depositing 500 million VND at VPBank, how much interest will I receive at each term?

Readers can quickly calculate bank interest using the following formula:

Interest = Deposit x interest rate (%)/12 months x number of months of deposit.

Thus, depositing 500 million VND at VPBank, customers can receive the highest interest rate as follows (applicable to individual customers):

* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.

Readers can refer to more articles about interest rates HERE.

Thanh Bình
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