A bank has appeared with a 13-month savings interest rate of up to 11%

PVcombank is listing the highest interest rate for a 13-month term at 11%/year, for mass savings products, applied to savings deposits at the counter for newly opened deposit balances of VND 2,000 billion or more.

In the form of online savings, PVcombank lists interest rates at 6.5%/year.

Savings interest rate table at PVcomBank counter. Screenshot.

HDBank is listing the highest interest rate for a 13-month term at 8.9% per year, provided that a minimum balance of VND300 billion is maintained. When making online deposits, customers receive an interest rate of 6.5% per year. In addition, for other terms, HDBank is listing interest rates ranging from 0.50 - 8.9% per year.

HDBank savings interest rate table. Screenshot.

NCB is listing the highest interest rate for a 13-month term at 6.4%/year when customers deposit savings at An Phu. Also for this term, if customers deposit traditional savings, they will receive an interest rate of 6.25% when depositing traditional savings, receiving interest at the end of the term.

For other terms, NCB is listing interest rates ranging from 0.5 - 6.4%/year.

NCB bank savings interest rate table. Screenshot.

CBBank is listing the highest interest rate for a 13-month term at 6.4%/year when customers deposit savings online. For other terms, CBBank is listing interest rates ranging from 4.2 - 6.4%/year.

CBBank savings interest rate table. Screenshot.

Below is a comparison table of 13-month savings interest rates in a system of nearly 30 banks, readers can refer to:

Save 2 billion VND, after 13 months how much interest will you receive?

You can refer to the interest calculation method to know how much interest you will receive after saving. To calculate interest, you can apply the formula:

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

For example, you deposit 2 billion VND in Bank A, term 13 months and enjoy interest rate 6.4%/year, the interest received is as follows:

2 billion VND x 6.4%/12 x 13 = 138.6 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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