Two banks appear with interest rates above 8.6% for 13-month term

Illustration: Tra My

Two banks with the highest interest rates for 13-month term

According to Lao Dong reporter's records on November 5, 2023 with 20 banks, the 13-month term interest rate table is fluctuating around the threshold. 5.3 - 10.5% , depending on the bank. Below are some banks with the highest interest rates.

Of which, PVcomBank and HDBank are the two banks with the highest interest rates.

PVcomBank's highest interest rate at the counter is 10.5%/year, applied when customers meet certain conditions.

PVcomBank's online interest rate table. Screenshot on November 5, 2023

HDBank interest rates when customers open a book at the counter. Screenshot on November 5, 2023

HDBank interest rates when customers deposit savings online. Screenshot on November 5, 2023

In addition, readers can refer to interest rates of other banks below:

NCB interest rate

Screenshot 11/5/2023

CB interest rate

CB interest rates are also at a very high level. Screenshot on November 5, 2023

VietABank interest rate

Screenshot taken on November 5, 2023.

OCB interest rate

Screenshot taken on November 5, 2023.

KienlongBank Interest Rates

Screenshot taken on November 5, 2023.

SHB interest rate

Screenshot taken on November 5, 2023.

Agribank interest rates

Screenshot taken on November 5, 2023.

Deposit 500 million VND after 13 months receive more than 33 million VND in 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 500 million VND at bank A for a 13-month term, with an interest rate of 6.1%, the interest received is as follows: 500 million VND x 6.1%/12 x 13 months ≈ 33.04 million VND.

With the same amount and term above, if you save at bank B with an interest rate of 5.3%/year, the amount you can receive will be: 500 million VND x 5.3%/12 x 13 months ≈ 28.71 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/xuat-hien-hai-ngan-hang-co-lai-suat-tren-86-cho-ky-han-13-thang-1263231.ldo