Depositing 200 million VND in which bank will get the highest interest rate in December?

Photo: LDO

Updated on December 3, the highest savings interest rate listed by banks is 5.8%/year and 5.7%, for a 12-month term.

The only bank that lists an interest rate of 5.8%/year is OceanBank. Recorded for terms of 12 months to 36 months, for customers who deposit savings online.

In addition, for terms from 1 to 5 months, OceanBank listed interest rates ranging from 4.3 to 4.5% per year. For terms from 6 to 11 months, OceanBank listed savings interest rates from 5.5 to 5.6% per year.

Details of savings interest rates for individual customers at OceanBank. Screenshot.

Readers can quickly calculate bank interest using the following formula:

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

For example, you deposit 200 million VND into OceanBank with an interest rate of 5.8% for a 12-month term. The interest you receive is estimated as:

Interest = 200 million VND x 5.8%/12 x 12 months = 11.6 million VND

Before making a deposit, readers should compare savings interest rates between banks and interest rates between terms to get the highest interest.

* 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/kinh-doanh/gui-200-trieu-dong-o-ngan-hang-nao-se-huong-lai-suat-cao-nhat-trong-thang-12-1275112.ldo