VPBank savings interest rates for deposits of 100 million VND
According to the VND deposit interest rate schedule for VPBank's individual customers, the online deposit channel is divided according to each deposit amount. With an amount of 100 million VND, customers belong to the group of 100 million VND to under 300 million VND.
In this group, VPBank online savings interest rates are recorded at 8.5%/year for terms from 6-12 months; 7.9%/year for terms of 13-24 months and 5.6%/year for terms of 36 months.
Specifically, VPBank online savings interest rates for deposits of 100 million VND are as follows:
VPBank's savings interest rate for terms of 1-5 months is 4.75%/year.
VPBank's savings interest rate for terms of 6-12 months is 8.5%/year.
VPBank's savings interest rate for terms of 13-24 months is 7.9%/year.
VPBank's savings interest rate for a term of 36 months is 5.6%/year.
The interest rate of 8.5%/year in the 6-12 month term group is a noteworthy level for deposits from 100 million VND. However, if considering the total interest received, the 36-month term gives the highest interest because the deposit period is longer.
Deposit 100 million VND at VPBank, how much interest will you receive?
To calculate savings deposit interest, customers can apply the formula:
Interest = Deposit amount x interest rate %/year x number of months deposited/12 months
For a deposit of 100 million VND at VPBank, the interest amount for reference according to some main terms is as follows:
Deposit 100 million VND for a 3-month term, VPBank savings interest rate 4.75%/year, receive about 1.19 million VND.
Deposit 100 million VND for a 6-month term, VPBank savings interest rate 8.5%/year, receive about 4.25 million VND.
Deposit 100 million VND for a 9-month term, VPBank savings interest rate 8.5%/year, receive about 6.38 million VND.
Deposit 100 million VND for a 12-month term, VPBank savings interest rate 8.5%/year, receive about 8.5 million VND.
Deposit 100 million VND for a 24-month term, VPBank savings interest rate is 7.9%/year, receiving about 15.8 million VND.
Deposit 100 million VND for a 36-month term, VPBank savings interest rate is 5.6%/year, receiving about 16.8 million VND.
Depositors need to note that the above interest rate table is the interest rate table approved by the competent authority. According to VPBank's notes, the approval levels can base on a number of criteria such as total AUM balance, transaction time, customer rating, number of products used, competitiveness with competing banks and business orientation for each period.
Before depositing savings, customers should check VPBank's interest rate at the time of transaction, deposit product, interest receipt method and applicable conditions. The actual interest received may change depending on the deposit date, term and bank regulations.
