How much interest do you receive if you save 800 million VND?

Vietcombank is applying deposit interest rates for individual customers in the range of 0.2 - 4.7%/year. Illustration photo: Tra My

Vietcombank lists the interest rate for individual customers when depositing savings for 7-14 days at 0.2%. For customers depositing savings for 1 and 2 months, Vietcombank lists the interest rate at 1.6%/year. For 3-month term, Vietcombank lists the interest rate at 1.9%/year.

Customers depositing money for terms of 6 - 9 months receive interest rates of 2.9%/year. Customers depositing money for 12 months receive interest rates of 4.6%. Customers depositing money for 24 - 60 months receive the highest interest rate of 4.7%.

Customers who deposit money without term will receive interest rate at 0.1%/year.

Vietcombank savings interest rate table. Screenshot

You can refer to the interest calculation method to know how much interest you will receive after saving. The interest calculation formula is as follows:

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

For example, you deposit 800 million VND into Vietcombank, term 12 months and enjoy interest rate 2.9%/year, the interest received is as follows:

800 million VND x 4.6%/12 months x 12 months = 36.8 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.

Readers can refer to more articles on interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/lai-suat-vietcombank-gui-tiet-kiem-800-trieu-dong-nhan-bao-nhieu-tien-lai-1353609.ldo