Compare interest rates of banks
According to a survey by Lao Dong reporters of nearly 30 banks in the system on March 14, 2024, there are no banks listing 24-month term interest rates below 6%/year.
OCB is currently listing the highest interest rate for 24-month term at 5.8%/year for both term deposits, online and regular. OCB's listed savings interest rates range from 0.1 - 6%/year.
Sacombank is listing the highest 24-month savings interest rate at 5.7%/year when customers receive interest at the end of the term. Customers receiving interest quarterly will only receive an interest rate of 5.43%/year. Sacombank lists the highest interest rate for all terms at 6.2%/year.
NamABank is listing the highest interest rate for a 12-month term at 5.7%/year when customers deposit money online and receive interest at the end of the term. This bank is listing the highest interest rate for customers depositing money for 18-36 months at 5.7%/year.
Statistics of banks with the highest savings interest rates today:
Have 500 million VND deposited for 24 months, receive 58 million VND interest
You can refer to the interest calculation method to know how much interest you will receive after saving. The interest calculation formula is as follows:
Interest = Deposit x deposit interest rate %/12 x number of months of deposit
For example, you deposit 500 million VND in Bank A, term 24 months and enjoy interest rate 5.8%/year, the interest received is as follows:
500 million VND x 5.8%/12 months x 24 months = 58 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.
Readers can refer to more articles about interest rates HERE.
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