With 200 million VND in savings, should I deposit it in VietinBank, Vietcombank, Agribank or BIDV?

Full set of latest interest rates of VietinBank, Vietcombank, Agribank, BIDV

According to Lao Dong, the Big4 banking group currently has interest rates fluctuating between 1.6-5.0%/year.

VietinBank currently lists deposit interest rates as follows:

Interest rate for 1-month term deposits is 2.0%/year.

3-month deposit interest rate is 2.3%/year.

Interest rate on 6-9 month term deposits is 3.3%/year.

12-month deposit interest rate is 4.7%/year.

Interest rate on 24-36 month term deposits is 5.0%/year.

Vietcombank currently lists deposit interest rates as follows:

1-month deposit interest rate is 1.6%/year.

3-month deposit interest rate is 1.9%/year.

Interest rate for 6-9 month term deposits is 2.9%/year.

12-month deposit interest rate is 4.6%/year.

Interest rate on 18-36 month term deposits is 4.7%/year.

Agribank currently lists deposit interest rates as follows:

1-month deposit interest rate is 1.6%/year.

3-month deposit interest rate is 1.9%/year.

Interest rate on 6-9 month term deposits is 3.0%/year.

Interest rates on deposits for terms greater than 12 months are 4.7%/year.

BIDV currently lists deposit interest rates (online) as follows:

1-month deposit interest rate is 2.0%/year.

3-month deposit interest rate is 2.3%/year.

Interest rate on 6-9 month term deposits is 3.3%/year.

Interest rate on 12-18 month term deposits is 4.7%/year.

Interest rate on 24-36 month term deposits is 4.8%/year.

Deposit interest rates at VietinBank, Vietcombank, BIDV and Agribank. Graphics: Huyen Mai.

Thus, in the Big4 banking group including BIDV, Vietcombank, VietinBank, Agribank, VietinBank is currently holding the most preferential interest rate compared to the remaining banks, followed by BIDV's interest rate.

Deposit 200 million VND at VietinBank, how much interest do you receive?

Readers can quickly calculate bank interest using the following formula:

Interest = Deposit x interest rate (%)/12 months x number of months of deposit.

Thus, depositing 200 million at VietinBank, customers can receive the highest interest rate as follows (applicable to individual customers):

1 month term: 333,333 VND.

3 month term: 1,150,000 VND.

6 month term: 3,300,000 VND.

9 month term: 4,950,000 VND.

12 month term: 9,400,000 VND.

Term 36 months: 30,000,000 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.

Readers can refer to more articles about interest rates HERE.

Source: https://laodong.vn/kinh-doanh/co-200-trieu-dong-tiet-kiem-nen-gui-vietinbank-vietcombank-agribank-hay-bidv-1357778.ldo