Agribank interest rates
KienlongBank interest rates
Online interest rates at Nam A Bank
What interest rate will I receive if I deposit 500 million VND at Agribank, KienlongBank, or Nam A Bank?
To calculate the interest earned on a bank deposit, you can use the following formula:
Interest = Deposit amount x Deposit interest rate (%)/12 months x Number of months deposited
For example, if you deposit 500 million VND at Bank A for a 12-month term with an interest rate of 3.5%, the amount of money you can receive is:
Interest = 500 million VND x 3.5%/12 x 12 months = 26.5 million VND.
With the same 500 million VND, if you deposit it in a savings account at Bank B for 12 months with an interest rate of 5.7%, the amount of money you can receive will be:
Interest = 500 million VND x 5.7%/12 x 12 months = 28.5 million VND.
* Interest rate information is for reference only and may change from time to time. Please contact your nearest bank branch or hotline for specific advice.
Readers can find more articles about interest rates on Lao Dong Newspaper here...
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