Recorded by PV Lao Dong on October 15, 2023, 10-month savings interest rates are fluctuating from 4.3 - 5.9%/year. In particular, high-interest bank groups such as: OceanBank, CBBank, NCB, PVcomBank...
OceanBank is listing the highest interest rate for a 10-month term at 5.9%/year when customers deposit money online and receive interest at the end of the term. Customers depositing money at the counter only receive an interest rate of 6.8%/year. Currently, OceanBank is listing the highest interest rate at 6%/year when customers deposit savings for 12-36 months.
CB is listing the highest interest rate for a 10-month term at 5.8%/year when customers deposit savings online. CB is listing the highest interest rate at 6.1%/year when customers deposit money for 13 months or more.
In addition, for other terms, CB lists interest rates ranging from 4.2-6.1%/year when customers save online.
NCB listed the 10-month term interest rate at 5.65%/year when customers deposit savings at An Phu. Currently, NCB's interest rate schedule in early October fluctuates from 4.45 - 6%/year, in which, the highest interest rate falls on terms of 15 months or more.
Deposit 1 billion VND for 10 months and receive up to 49.16 million VND?
Depending on the bank with different interest rates, customers will receive the corresponding interest amount. To quickly calculate savings interest, readers apply the formula:
Interest = Deposit x savings interest rate (%)/12 months x actual number of months of deposit.
For example, at a 10-month term, a customer deposits 1 billion VND at Bank A with an interest rate of 5.9%/year, the interest is calculated as follows:
Interest = 1 billion VND x 5.9%/12 months x 10 months = 49.16 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.
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