Deposit 300 million VND and receive interest

Illustration: Tra My

BIDV savings interest rate table today

According to Lao Dong Newspaper's reporter, savings interest rates at BIDV are fluctuating from 1.9 - 5.0%, depending on the term.

In which, BIDV's highest interest rate is 5.0%, applied to deposit terms of 24 months and 36 months.

4.8% is the next highest interest rate that BIDV listed for deposit terms of 12 months, 13 months, 15 months, 18 months.

For 6-month and 9-month deposit terms, the savings interest rate at BIDV that customers enjoy is 3.2%.

Currently, BIDV's lowest interest rate is 1.9%, applied to 1-month and 2-month savings bank deposits.

BIDV's current interest rate table. Graphics: Minh Huy

How much interest can I receive at most if I deposit 300 million VND in savings at BIDV?

Depending on the amount of savings deposit, term of savings deposit and interest rate applied at the time of deposit, you will calculate bank deposit interest through the formula:

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

For example, you deposit 300 million VND in savings at BIDV with the highest interest rate of 5.0%, term of 36 months. After 3 years, the interest you receive is:

Interest = 300 million x 5.0%/12 x 36 months = 45 million VND.

On the contrary, with the above amount, if you only deposit it for 6 months at BIDV, with an interest rate of 3.2%, the interest you receive will be lower.

Interest = 300 million x 3.2%/12 x 6 months = 4.8 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/bien-dong-lai-suat-bidv-moi-nhat-gui-300-trieu-dong-nhan-lai-ra-sao-1313555.ldo