Save 1 billion VND for 12 months at Agribank and receive interest rate up to 47 million VND

Agribank applies a savings interest rate range for individual customers in the range of 0.2 - 4.7%/year. Illustration photo: Tra My

According to a survey by Lao Dong Newspaper reporters on March 23, 2024, for 1-month and 2-month terms, Agribank listed interest rates at 1.6%/year. For 3-5 month terms, Agribank listed interest rates at 1.9%/year. Savings interest rates at Agribank for terms from 6-11 months are at 3%/year. Customers depositing for 12-24 months receive interest rates of 4.7%/year.

Customers with non-term deposits and payment deposits will receive interest at 0.2%/year.

Agribank savings interest rate table on March 23, 2024. Screenshot

In addition, readers can refer to the savings interest rate table of Big 4 banks on March 23, 2024:

BIDV savings interest rate table on March 23, 2024. Screenshot

Vietcombank savings interest rate table on March 23, 2024. Screenshot

Vietinbank savings interest rate table on March 23, 2024. Screenshot

Readers can quickly calculate bank interest using the following formula:

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

For example, you deposit 1 billion VND into Agribank, with an interest rate of 4.7% for a 12-month term. The interest you receive is estimated at:

1 billion VND x 4.7%/12 x 12 months = 47 million VND.

Before making a deposit, readers should compare savings interest rates between banks and interest rates between terms to get the highest interest.

* 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/tien-te-dau-tu/gui-tiet-kiem-1-ti-dong-12-thang-o-agribank-nhan-lai-suat-toi-47-trieu-dong-1318612.ldo