Vietcombank lists interest rates for individual customers who deposit savings for 7-14 days at 0.2%. For customers who deposit savings for 1 and 2 months, Vietcombank lists interest rates at 2.6%/year. For 3-month terms, Vietcombank lists interest rates at 2.9%/year.
Customers depositing money for terms of 6 - 9 months receive interest rates of 3.9%/year. Customers depositing money for terms of 12 - 60 months receive the highest interest rate of 5. Customers depositing money without a term will receive interest rates of 0.1%/year.
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 into Vietcombank for a 12-month term and enjoy an interest rate of 5%/year. The interest received is as follows:
500 million VND x 5%/12 months x 12 months = 25 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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