Compare interest rates of Vietcombank, Agribank, VietinBank and BIDV
According to Lao Dong reporters' records with 4 banks Vietcombank, Agribank, VietinBank and BIDV on February 5, 2024, the mobilization interest rate table is currently listed around the threshold of 1.7-5%/year.
Below is a detailed chart of interest rates of Big4 banks:
See more banks with high interest rates on the market today:
How to receive interest on 500 million dong savings?
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 500 million VND for a 24-month term at VietinBank and BIDV with an interest rate of 5%/year, you can receive: 500 million VND x 5%/12 x 24 = 50 million VND.
With the same amount and term above, if you save at Vietcombank with an interest rate of 4.7%, the interest you receive will be: 500 million VND x 4.7%/12 x 24 = 47 million VND.
Similarly, if you save at Agribank with an interest rate of 4.9%, the interest you receive will be: 500 million VND x 4.9%/12 x 24 = 49 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.
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