The latest interest rates at Agribank .
According to observations by reporters from Lao Dong Newspaper, Agribank's interest rates are currently fluctuating between 1.7% and 4.9%.
Of these, Agribank's highest savings interest rate is 4.9%, applicable only to the 24-month deposit term.
4.8% is the savings interest rate applied by Agribank for terms of 12 months, 13 months, 15 months, and 18 months.
For deposit terms of 6-11 months, Agribank applies a savings interest rate of 3.0%.
For deposit terms of 3-5 months, the savings interest rate is 2.0%. For deposit terms of 1 month and 2 months, Agribank offers the lowest interest rate at 1.7%.
If I deposit 50 million VND into an Agribank savings account, what is the highest interest rate I can earn?
The formula for calculating interest on savings deposits is as follows:
Interest = Deposit amount x interest rate (%)/12 months x number of months deposited.
If you deposit 50 million VND in a savings account at Agribank, you will receive the highest interest rate of 4.9% for 24 months. The interest you will receive is:
Interest = 50 million VND x 4.9%/12 x 24 months = 4.9 million VND.
Alternatively, if you deposit 50 million VND at Agribank for a 1-month term, with an applicable interest rate of 1.7%, the amount of interest you will receive is:
Interest = 50 million VND x 1.7%/12 x 1 month = 70,833 VND.
Additionally, readers may also refer to:
- Latest BIDV interest rates for March: Here
- Latest HDBank interest rates for March: Here
- Latest MB interest rates for March: Here.
- Latest VPBank interest rates for March: Here.
Interest rate information is for reference only and may change from time to time. Please contact your nearest bank branch or hotline for specific advice.
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