Latest VietinBank interest rates, receive interest up to 72 million when depositing 500 million VND

Vietinbank's interest rates currently fluctuate between 1.7-4.8%/year. Graphic photo: Tra My.

Full set of latest Vietinbank interest rates for June

According to Lao Dong, in early June, savings interest rates at Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) are currently fluctuating between 1.7-4.8%/year.

The current savings interest rates at VietinBank are listed as follows:

1-month deposit interest rate is 1.7%/year.

3-month deposit interest rate is 2.0%/year.

Interest rate on 6-9 month term deposits is 3.0%/year.

12-month deposit interest rate is 4.7%/year.

Interest rate on 18-36 month term deposits is 4.8%/year.

Savings interest rate table at VietinBank. Screenshot

In the Big4 banking group including BIDV, Vietcombank, VietinBank, Agribank, BIDV is currently holding the most preferential interest rate compared to the remaining banks, followed by VietinBank's interest rate.

Accordingly, BIDV's interest rate currently fluctuates between 1.7-4.8%/year, Vietcombank's interest rate currently fluctuates between 1.6-4.7%/year, VietinBank's interest rate is between 1.7-4.8%/year.

Within the same fluctuation range, online deposit interest rates at BIDV are slightly higher than those at VietinBank by about 0.1-0.3 percentage points at all terms.

Similarly, although Agribank and Vietcombank interest rates fluctuate within a similar range, Agribank interest rates are 0.1 percentage points higher than Vietcombank for terms of 6 months, 9 months and 12 months.

Depositing 500 million VND at VietinBank, how much interest will I receive at each term?

Readers can quickly calculate bank interest using the following formula:

Interest = Deposit x interest rate (%)/12 months x number of months of deposit.

Thus, depositing 500 million VND at VietinBank, customers can receive the highest interest rate as follows (applicable to individual customers):

1 month term: 708,333 VND.

3 month term: 2,500,000 VND.

6 month term: 7,500,000 VND.

9 month term: 11,250,000 VND.

12 month term: 23,500,000 VND.

36 month term: 72,000,000 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 articles about interest rates HERE.

Source: https://laodong.vn/kinh-doanh/lai-suat-vietinbank-moi-nhat-nhan-lai-toi-72-trieu-khi-gui-500-trieu-dong-1347773.ldo