Save 200 million VND and receive more than 22 million VND in interest

MBBank savings interest rates today

Saving interest rate from 1-5 months, MBBank lists interest rate in the range of 2.1 - 2.7%/year.

For terms of 6-11 months, MBBank lists savings interest rates from 3.5-3.7%/year. Customers who deposit for 12-18 months receive interest rates from 4.5-4.6%/year. Customers who deposit for 24-60 months receive the highest interest rate at 5.6%/year.

Customers with non-term deposits only receive interest at 0.1%/year.

MBBank savings interest rate table. Screenshot

How much interest do you get if you save 200 million VND?

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 200 million VND into MBBank, with an interest rate of 5.6% for a 24-month term. The interest you receive is estimated at:

200 million VND x 5.6%/12 x 24 = 22.4 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 advice.

Readers can refer to more articles about interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/lai-suat-mbbank-gui-tiet-kiem-200-trieu-dong-nhan-hon-22-trieu-tien-lai-1334497.ldo