What is the interest rate for saving 800 million VND at MBBank?

Savings interest rates for individual customers range from 0.1 - 5.7%/year. Illustration: Duc Manh

MBBank savings interest rates today

MBBank is listing the highest interest rate when customers deposit over 3 billion VND, receiving interest at the end of the term. Accordingly, from 1 to 5 months, MBBank lists the highest interest rate in the range of 2.9 - 3.3%/year.

For terms of 6 - 11 months, MBBank lists savings interest rates from 4 - 4.1%/year. Customers depositing for 12 - 18 months receive interest rates from 4.8 - 4.7%/year. Customers depositing for 24 - 60 months receive the highest interest rate at 5.6%/year.

Customers with non-term deposits only receive interest at 0.1%/year.

MBBank savings interest rate table. Screenshot

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

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

800 million VND x 4.8%/12 x 12 = 38.4 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 advice.

Readers can refer to more articles on interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/gui-tiet-kiem-800-trieu-dong-o-mbbank-nhan-lai-suat-the-nao-1376105.ldo