How to receive interest if depositing 1 billion VND?

Latest TPBank interest rates today

According to the Lao Dong Newspaper reporter, TPBank's interest rate is listed around 3.3 - 5.7%. Of which, TPBank's highest interest rate for 36-month deposit term is 5.7%. For 18-month term, the interest rate is 5.4%. For 9-month term, TPBank's interest rate is lower, only at 4.6%.

For online savings, TPBank's highest interest rate is 5.7% applied to 24-month and 36-month deposit terms.

Latest TPBank online interest rates. Screenshot.

Full set of current Techcombank interest rates

Techcombank's interest rates for customers with savings deposits range from 3.2 - 5.2%. Of which, for deposits with terms of 12 months or more, the highest Techcombank interest rate is 5.2%.

For 6-11 month deposit terms, Techcombank's interest rate is 4.5%. For 3-5 month terms, the interest rate is 3.6%. On the contrary, the lowest interest rate Techcombank is listing is 3.2%.

Latest Techcombank interest rates today. Screenshot.

Full set of latest HDBank interest rates today

The latest HDBank interest rates currently range from 2.75 - 8.1%. Of which, for a 13-month deposit term, the highest HDBank interest rate is 8.1%, applied to customers depositing from 500 billion VND or more.

In case of online savings for this term, the highest HDBank interest rate is 5.7%.

Next is the 12-month term, the highest interest rate is 7.7%, applied to customers depositing from 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 current interest rates of HDBank, TPBank, Techcombank in the table below.

Compare current interest rates of HDBank, TPBank, Techcombank. Graphics: Minh Huy

If I have 1 billion in savings in TPBank, HDBank, Techcombank, how will I receive interest?

Formula for calculating bank interest:

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

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

+ Techcombank interest:

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

+ TPBank interest:

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

+ HDBank interest:

Interest on 1 billion savings deposit at HDBank. Table: Minh Huy — Interest on 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 the nearest bank transaction point 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