Update SHB interest rates early March 2024
SHB's interest rates are fluctuating around 2.9 - 5.8%. Of which, SHB applies the highest interest rate of 5.8% for a 36-month deposit term. Next is the 24-month term, with an interest rate of 5.6%.
For terms of 18 months, 13 months, 12 months, SHB applies interest rates of: 5.2%; 5.1% and 5.0%.
For terms under 6 months, interest rates range from 2.9 - 3.6%. Of which, only for the 5-month term, customers enjoy an interest rate of 3.6%.
For 7-month and 8-month savings terms, SHB applies an interest rate of 4.7%. For 9-month, 10-month and 11-month terms, the interest rate is 4.8%.
In addition, readers can refer to the table of statistics on the best savings interest rates on the market today.
With 500 million VND, how much interest will I receive if I deposit it in SHB savings account?
Depending on the deposit amount, deposit term, interest rate schedule... Customers can calculate bank deposit interest using the formula below:
Interest = Interest rate (%)/12 months x number of months deposited.
For example, you deposit 500 million in SHB for 36 months, with an interest rate of 5.8%. After 3 years, the interest you receive is:
Interest = 500 million x 5.8%/12 x 36 months = 87 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.
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