How much interest do you earn if you deposit 1 billion VND?

The latest TPBank interest rates.

According to observations by reporters from Lao Dong Newspaper, TPBank's interest rates are currently listed around 3.3 - 5.7%. The highest interest rate is 5.7% for a 36-month deposit term. The 18-month term offers a rate of 5.4%. For a 9-month term, TPBank's interest rate is lower, at only 4.6%.

The latest interest rates at TPBank. (Screenshot) — The latest TPBank interest rates at the counter. (Screenshot)

For online savings deposits, TPBank offers the highest interest rate of 5.7%, applicable to deposit terms of 24 months and 36 months.

The latest TPBank online interest rates. Screenshot.

Complete list of current Techcombank interest rates

Techcombank's interest rates for savings deposits range from 3.2% to 5.2%. For deposit terms of 12 months or more, Techcombank offers the highest interest rate at 5.2%.

For deposit terms of 6-11 months, Techcombank offers an interest rate of 4.5%. For terms of 3-5 months, the interest rate is 3.6%. Conversely, the lowest interest rate Techcombank currently offers is 3.2%.

The latest Techcombank interest rates. (Screenshot)

Complete list of the latest HDBank interest rates.

The latest HDBank interest rates currently range from 2.75% to 8.1%. Specifically, for a 13-month deposit term, HDBank offers the highest interest rate at 8.1%, applicable to customers depositing 500 billion VND or more.

For online savings deposits with this term, HDBank offers a maximum interest rate of 5.7%.

Next is the 12-month term, with the highest interest rate at 7.7%, applicable to customers depositing 500 billion VND or more.

Currently, HDBank lists interest rates for 15-month and 18-month terms at 6.0% and 6.1% respectively.

Latest HDBank interest rates at the counter. Screenshot.

Compare the current interest rates of HDBank, TPBank, and Techcombank in the table below.

Comparison of current interest rates at HDBank, TPBank, and Techcombank. Graphic: Minh Huy

How do you earn interest if you deposit 1 billion VND in a savings account at TPBank, HDBank, or Techcombank?

Formula for calculating interest earned on bank deposits:

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

If you deposit 1 billion VND in a savings account at TPBank, HDBank, or Techcombank, the interest you will receive will vary depending on the deposit term, as shown in the table below.

+ Interest earned at Techcombank:

Interest earned on a 1 billion VND savings deposit at Techcombank. Table: Minh Huy

+ Interest from TPBank:

Interest earned on a 1 billion VND savings deposit at TPBank. Table: Minh Huy

+ Interest earned at HDBank:

Interest earned on a 1 billion VND savings deposit at HDBank. Table: Minh Huy

* Interest rate information is for reference only and may change from time to time. Please contact your nearest bank branch or hotline for specific advice.

Source: https://laodong.vn/tien-te-dau-tu/lai-suat-tpbank-techcombank-hdbank-moi-nhat-gui-1-ti-dong-nhan-lai-ra-sao-1366266.ldo