Among the more than 30 popular banks today, the highest 12-month term deposit interest rate is called Vietnam Public Joint Stock Commercial Bank (PVcombank) with 9%/year, applied to individual customers depositing directly at the counter.
Applying an interest rate lower than 8.1% is Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) for a 13-month term, the condition is to maintain a minimum balance of 500 billion VND.
Some banks with high interest rates when depositing savings for 13 months under normal conditions can be mentioned such as: PGBank, Cake by VPBank, Vikki Bank, BacABank...
PGBank is listing the highest interest rate for a 13-month term at 7.2%/year when customers receive interest at the end of the term. Customers receiving interest monthly receive an interest rate of 6.95%.
Cake by VPBank is listing the highest interest rate for a 13-month term at 7.1%/year when customers receive interest at the end of the term. This is also the highest interest rate after a 6-month term (7.3%).
BacABank currently maintains the highest interest rate for a 13-month term at 6.6% when individual customers deposit money online, receiving interest at the end of the term.
Deposit savings for 13 months, how much interest will you receive?
Readers can apply the quick calculation formula for term savings interest rates:
Monthly interest = Deposit amount x interest rate (%/year)/12 x number of months deposited
For example, depositing 1 billion VND at PVcombank, customers can receive the highest interest rate of up to 126 million VND (applied to individual customers depositing directly at the counter):
* Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
