Vietcombank interest rate fluctuations, deposit 500 million for 36-month term, receive interest up to 70.5 million VND

Among the Big4 banks, Vietcombank currently lists interest rates ranging from 1.6-4.7%/year. Illustration photo: Hai Nguyen.

Full set of Vietcombank interest rates at all terms

According to Lao Dong, savings interest rates at the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) currently fluctuate between 1.6-4.7%/year.

The current savings interest rate table at Vietcombank is listed as follows:

1-month deposit interest rate is 1.6%/year.

3-month deposit interest rate is 1.9%/year.

Interest rate for 6-9 month term deposits is 2.9%/year.

12-month deposit interest rate is 4.6%/year.

Interest rate on 18-36 month term deposits is 4.7%/year.

Savings interest rate table at Vietcombank. Screenshot.

In the Big4 banking group including BIDV, Vietcombank, VietinBank, Agribank , VietinBank is currently holding the most preferential interest rate compared to the remaining banks, followed by BIDV's interest rate.

Accordingly, BIDV's interest rate currently fluctuates between 1.7-4.8%/year, Vietcombank's interest rate currently fluctuates between 1.6-4.7%/year, Agribank's interest rate fluctuates between 1.6-4.7%/year, VietinBank's interest rate fluctuates between 2.0 - 5.0%/year.

Although Agribank and Vietcombank interest rates fluctuate within a similar range, Agribank's interest rates are 0.1 percentage points higher than Vietcombank's for terms of 6 months, 9 months and 12 months.

(See more details on Agribank, BIDV, Vietinbank interest rates HERE)

Depositing 500 million VND at Vietcombank, how much interest do you receive at each term?

Readers can quickly calculate bank interest using the following formula:

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

Thus, depositing 500 million at Vietcombank, customers can receive the highest interest rate as follows (applicable to individual customers):

1 month term: 666,667 VND.

3 month term: 2,375,000 VND.

6 month term: 7,250,000 VND.

9 month term: 10,875,000 VND.

12 month term: 23,000,000 VND.

36 month term: 70,500,000 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 .

Source: https://laodong.vn/kinh-doanh/bien-dong-lai-suat-vietcombank-gui-500-trieu-ky-han-36-thang-nhan-lai-toi-705-trieu-dong-1359319.ldo