Compare 10-month interest rates.
According to observations by reporters from Lao Dong newspaper at 20 banks at 6:00 AM on November 26, 2023, deposit interest rates are currently listed around 4.3-5.6% per year.
Below is an updated interest rate schedule for some banks as of early morning on November 26, 2023:
HDBank interest rates:
ABBank interest rates
PVcomBank interest rates
DongA Bank interest rates
Agribank interest rates
SHB interest rates
SCB interest rates
How much interest will I receive if I deposit 200 million VND in a savings account?
To calculate the interest earned on a savings deposit at a bank, you can use the following formula:
Interest = Deposit amount x Interest rate %/12 x Number of months deposited
For example, if you deposit 200 million VND for a 10-month term at Bank A with an interest rate of 4.3%/year, you could receive: 200 million VND x 4.3%/12 x 10 ≈ 7.17 million VND.
With the same amount and term, if you deposit your savings at Bank B with an interest rate of 5.6%, the interest you will receive will be: 200 million VND x 5.6%/12 x 10 ≈ 9.33 million VND.
* 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.
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