List of banks with the highest interest rates in June 2024

Top banks with high interest rates in early June 2024

According to the Lao Dong Newspaper reporter (June 1, 2024), the interest rates mobilized at banks are fluctuating from 1.6 - 9.5%, depending on the term. In particular, PVcomBank's interest rates for 12-month and 13-month terms are leading (9.5%), applied to deposits of VND 2,000 billion or more.

Next is HDBank, with the highest interest rate of 8.1% applied to a 13-month deposit term with a deposit amount of 500 billion VND or more.

In addition, HDBank also listed a 12-month deposit term with the highest interest rate of 7.8%, applied to deposits of VND500 billion or more.

Meanwhile, at OCB, the term with the highest interest rate is 36 months (6.0%); next is the 24-month term, with an interest rate of 5.8%.

At NCB, the highest mobilization interest rate in early June 2024 is 5.9%, applied to deposit terms of 18 months or more.

At Oceanbank, the highest interest rate currently applied is 6.1% for a 36-month deposit term. Next is the 24-month term, with an interest rate of 6.0%.

Below are the 3-month term interest rates at banks such as: Agribank, VietinBank, MBBank, OCB, Oceanbank, Vietcombank... readers can refer to.

Comparison of interest rates of banks for 3-month term on June 1, 2024. Graphics: Minh Huy

6-month bank interest rate:

Comparison of interest rates of banks for 6-month term on June 1, 2024. Graphics: Minh Huy

9-month bank interest rate:

Comparison of interest rates of banks for 9-month term on June 1, 2024. Graphics: Minh Huy

12-month bank interest rate:

Comparison of interest rates of banks for 12-month term on June 1, 2024. Graphics: Minh Huy

24-month bank interest rate:

Compare interest rates of banks with 24-month term on June 1, 2024. Graphics: Minh Huy

How much interest do you get if you save 200 million?

Formula for calculating bank interest:

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

For example, you deposit 200 million VND in savings at Agribank, MBBank, OCB... in early June 2024, depending on the deposit term and the corresponding interest rate, the amount of interest you receive will be different.

+ Interest on 200 million VND savings deposit for 24 months at Agribank, interest rate 4.7%: 18.8 million VND.

+ Interest on 200 million VND savings deposit for 24 months at MBBank, interest rate 5.7%: 22.8 million VND.

+ Interest on 200 million VND savings deposit for 24 months at OCB, interest rate 5.8%: 23.2 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.

Source: https://laodong.vn/tien-te-dau-tu/diem-danh-nhung-ngan-hang-lai-suat-cao-nhat-thang-62024-1347360.ldo