For individual customers depositing for 1 and 2 months, BIDV lists interest rates at 3%/year. For 3-5 month terms, BIDV lists interest rates at 3.3%/year.
Savings interest rates at BIDV for terms from 6 to 9 months are at 4.3%/year. Customers depositing money for 12 to 36 months receive the highest interest rate of 5.3%/year. Customers depositing money without a term will receive an interest rate of 0.1%/year.
With 500 million VND deposited for 7 months, receive up to 18.66 million VND
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 500 million VND into BIDV bank, term 15 months and enjoy interest rate 5.3%/year, the interest received is as follows:
500 million VND x 5.3%/12 months x 15 months = 33.12 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 articles about interest rates HERE.
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