Highest 10-month interest rate, deposit 600 million and receive 27.5 million in interest

The highest 10-month interest rate was recorded on December 28 at some banks. Chart: Khuong Duy

Group of banks listed the highest 10-month savings interest rates

According to Lao Dong reporter at 7:30 p.m. on December 28, 2023, the banks with the highest interest rates for 10-month terms include: KienlongBank (5.5%/year); NCB (5.45%/year); SHB (5.4%/year); PVcomBank (5.3%/year)...

Below are details of interest rates for the terms of the above banks, recorded on December 28, 2023 on the website, readers can refer to:

Updated interest rate table at KienlongBank on December 28, 2023. Screenshot

Updated interest rate table at NCB on December 28, 2023. Screenshot

Updated interest rate table at SHB on December 28, 2023. Screenshot

Updated interest rate table at PVcomBank on December 28, 2023. Screenshot

Update online interest rate table at VietABank on December 28, 2023. Screenshot

Updated interest rate table at HDBank on December 28, 2023. Screenshot

Updated interest rate table at Nam A Bank on December 28, 2023. Screenshot

Update MSB interest rate table on December 28, 2023. Screenshot

Deposit 600 million VND, after 10 months receive 27.5 million VND interest

To quickly calculate bank interest, you can apply the interest calculation formula:

Interest = Deposit x interest rate/12 months x actual number of months of deposit.

For example, if you deposit 600 million VND at bank A for a 10-month term, with an interest rate of 5.5%, the interest received is as follows: 600 million VND x 5.5%/12 x 10 months = 27.5 million VND.

With the same amount and term above, if you save at bank B with an interest rate of 3.5%/year, the amount you can receive will be: 600 million VND x 3.5%/12 x 10 months = 17.5 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.

Source: https://laodong.vn/tien-te-dau-tu/lai-suat-10-thang-cao-nhat-gui-600-trieu-nhan-275-trieu-tien-lai-1285756.ldo