How much interest do you get if you save 600 million VND for 12 months at Agribank?

Illustration: Tra My

Agribank interest rates on January 31, 2024

According to a survey by Lao Dong Newspaper reporters on January 31, Agribank's 12-month savings interest rate for individual customers is listed at 4.8%/year.

In addition, for 1-month and 2-month terms, Agribank listed interest rates at 1.7%/year. For 3-5 month terms, Agribank listed interest rates at 2%/year. Savings interest rates at Agribank for terms from 6-11 months are at 3%/year. Customers depositing for 12-18 months receive interest rates of 4.8%/year.

Customers who deposit savings for 24 months at Agribank receive the highest interest rate of 4.9%/year.

Customers with non-term deposits and payment deposits will receive interest at 0.2%/year.

Agribank savings interest rate table on January 31, 2024. Screenshot

Deposit 500 million VND at Agribank, how much money can you receive?

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 600 million VND in Agribank, with an interest rate of 4.8% for a 12-month term. The interest you receive is estimated at:

600 million VND x 4.8%/12 x 12 months = 28.8 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 about interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/gui-tiet-kiem-600-trieu-dong-12-thang-tai-agribank-nhan-lai-suat-bao-nhieu-1299299.ldo