Interest rate fluctuations of Agribank, VietinBank, Vietcombank and BIDV
According to Lao Dong reporters' records with 4 banks Vietcombank, Agribank, VietinBank and BIDV in the early morning of June 13, 2024, the mobilization interest rate table is being listed around the threshold of 1.6-4.8%/year.
Of which, VietinBank has the highest interest rate (4.8% for terms over 24 months). Below are the latest details of the Big 4 interest rates:
Below is a detailed update of interest rates of banks in the Big 4 group:
In addition, readers can refer to interest rates of some other banks through the following table:
How much interest do you get if you save 1 billion VND at Big 4?
To calculate interest on savings deposits at the bank, you can apply the formula:
Interest = deposit x interest rate %/12 x number of months of deposit
For example, if you deposit 1 billion VND for a 24-month term at Bank A with an interest rate of 4.7%/year, you can receive: 1 billion VND x 4.7%/12 x 24 = 94 million VND.
With the same amount and term above, if you save at Bank B with an interest rate of 4.8%, the interest you receive will be: 1 billion VND x 4.8% / 12 x 24 = 96 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-cao-nhat-agribank-vietcombank-vietinbank-va-bidv-ngay-136-1351900.ldo
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