According to a survey by Lao Dong reporters on November 5, 2023 with nearly 30 banks in the system on November 5, 2023, most banks are listing 24-month term interest rates below 7%/year.
At the top is PVcomBank, which is listing the highest 24-month savings interest rate at 6.5%/year when customers deposit savings online. Under normal conditions, this is also the highest interest rate listed by PVcomBank for all terms.
OceanBank is listing the highest 24-month savings interest rate at 6.5%/year when customers deposit online and receive interest at the end of the term. Customers depositing money at the counter receive interest at 6.4%/year.
Currently, OceanBank is listing the highest interest rate at 6.5%/year for terms of 18, 24, and 36 months.
HDBank is listing the highest interest rate for a 24-month term at 6.3%/year when customers make online savings deposits. Under normal conditions, HDBank lists the highest interest rate at 6.5%/year when customers make online savings deposits for 18 months.
SHB is listing the highest 24-month interest rate at 6.3%/year when customers deposit savings online. In addition, for other terms, SHB lists interest rates ranging from 0.5-6.3%/year.
NCB is listing the highest interest rate for a 24-month term at 6.1%/year when customers deposit savings at An Phu and receive interest at the end of the term. Customers depositing traditional savings receive an interest rate of 5.95%/year when receiving interest at the end of the term.
With 1 billion VND deposited for 24 months, you will receive 130 million VND in interest.
You can refer to the interest calculation method to know how much interest you will receive after saving. The interest calculation formula is as follows:
Interest = Deposit x deposit interest rate %/12 x number of months of deposit
For example, you deposit 1 billion VND into Bank A, for a term of 24 months and enjoy an interest rate of 6.5%/year, the interest received is as follows:
1 billion VND x 6.5%/12 months x 24 months = 130 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.
Readers can refer to more information about interest rates HERE.
Source
Comment (0)