Update on Vietcombank interest rate fluctuations in early September 2024

Vietcombank is applying deposit interest rates for individual customers in the range of 0.2 - 4.7%/year. Illustration photo: Tra My

Vietcombank lists the interest rate for individual customers when depositing savings for 7-14 days at 0.2%. For customers depositing savings for 1 and 2 months, Vietcombank lists the interest rate at 1.6%/year. For 3-month term, Vietcombank lists the interest rate at 1.9%/year.

Customers depositing money for terms of 6 - 9 months receive interest rates of 2.9%/year. Customers depositing money for 12 months receive interest rates of 4.6%. Customers depositing money for 24 - 60 months receive the highest interest rate of 4.7%.

Customers who deposit money without term will receive interest rate at 0.1%/year.

Vietcombank savings interest rate table. Screenshot

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 1 billion VND into Vietcombank, 24-month term and enjoy 4.7% interest rate/year, the interest received is as follows:

1 billion VND x 4.7%/12 months x 24 months = 94 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 on interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/cap-nhat-bien-dong-lai-suat-vietcombank-dau-thang-92024-1388788.ldo