Latest Interest Rate Agribank, VietinBank, Vietcombank and BIDV
According to Lao Dong reporters' records with 4 banks Vietcombank, Agribank, VietinBank and BIDV on October 19, 2024, the mobilization interest rate table is currently listed around 1.6 - 4.8%/year.
Of which, VietinBank has the highest interest rate (4.8% for terms over 24 months); Agribank fluctuates between 1.6 - 4.8%/year. Following is BIDV's interest rate currently fluctuating between 1.7 - 4.7%/year, Vietcombank's interest rate currently fluctuates between 1.6 - 4.7%/year.
Below are the latest Big 4 interest rate details:
Below is a detailed update of interest rates of banks in the Big 4 group:
In addition, readers can refer to interest rates of some other banks through the following table:
How to receive interest if saving 300 million VND at Big 4?
To calculate interest on savings deposits at the bank, you can apply the formula:
Interest = deposit x interest rate %/12 x number of months of deposit
For example, if you deposit 300 million VND for a 24-month term at Bank A with an interest rate of 4.7%/year, you can receive: 300 million VND x 4.7%/12 x 24 = 28.2 million VND.
With the same amount and term above, if you save at Bank B with an interest rate of 4.8%, the interest you receive will be: 300 million VND x 4.8%/12 x 24 = 28.8 million VND.
* 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.
