Agribank interest rate fluctuations, which deposit term is the highest?

Illustration: Phan Anh

Latest Agribank deposit interest rates

Currently, deposit interest rates at Agribank are listed around 1.7 - 4.8%, depending on the term.

Of which, the 24-month term interest rate is listed at 4.8%. The 12-month, 13-month, 15-month, and 18-month term interest rate is 4.7%.

Next are the terms of 6 months, 7 months, 8 months, 9 months, 10 months and 11 months, Agribank interest rate is 3.0%.

Interest rates for 4-month, 4-month, 5-month terms are lower at 2%. For 1-month, 2-month terms, Agribank interest rates are at 1.7%.

For non-term savings interest rates, Agribank is applying a threshold of 0.2%.

Current deposit interest rates at Agribank. Screenshot

Current deposit interest rate chart at Agribank. Chart: Khuong Duy

Readers can also refer to current bank interest rates through the latest summary table below.

Top banks with high interest rates on the market on August 25. Table: Ha Vy

Comparing the highest and lowest bank interest rates for 3-month, 6-month, 12-month, and 24-month terms, according to a survey by Lao Dong Newspaper reporters, the highest bank interest rate for 3-month terms is 4.3% for Cake by VPBank. Meanwhile, the lowest bank interest rate for 3-month terms is 1.9% for Vietcombank and SCB. The difference between the highest and lowest interest rates for 3-month terms is quite large, up to 2.4%.

The highest bank interest rate for 6-month term is 5.5%, belonging to Cake by VPBank . The lowest interest rate for this term is 2.9% for Vietcombank and SCB. The difference between the highest and lowest interest rates for 6-month term is 2.6%.

For the 12-month term, PVcomBank broke through with an interest rate of 9.5%, much higher than the highest rate of over 5% of some other banks. Meanwhile, SCB has the lowest interest rate for this term, at 3.7%, creating a difference of up to 5.8%.

For a 24-month term, the highest bank interest rate is 6.1% at NCB and OceanBank. The lowest interest rate is 3.9% at SCB. The difference between the highest and lowest interest rates for a 24-month term is 2.2%.

Deposit 50 million VND in Agribank savings, how much money will you receive?

Formula for calculating bank interest:

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

For example, you deposit 50 million VND in savings at Agribank on August 25, 2024, depending on the deposit term and the corresponding interest rate, the amount of interest you receive is as follows:

+ Interest on 3-month Agribank savings deposit: 250,000 VND.

+ Interest on 6-month Agribank savings deposit: 750,000 VND.

+ Interest on 9-month Agribank savings deposit: 1,125 million VND.

+ Interest on 12-month Agribank savings deposit: 2.35 million VND.

+ Interest on 24-month Agribank savings deposit: 4.8 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/bien-dong-lai-suat-agribank-gui-tien-ky-han-nao-cao-nhat-1384011.ldo