Highest 10-month interest rate, deposit 500 million and receive nearly 27 million in interest

Illustration: Hai Nguyen

Group of banks listed the highest 10-month savings interest rates

Recorded by PV Lao Dong on October 28, 2023, with 20 banks, the 10-month savings interest rate is fluctuating around 4.3 - 6.1%. In which, the group of banks with high interest rates such as: PVcomBank, NCB, CB...

Below is the interest rate table of some banks recorded on the website on the morning of October 28:

PVcomBank's online interest rate table. Screenshot

NCB interest rate table. Screenshot

CB interest rate table. Screenshot

In addition, below is the interest rate table of some banks with quite high interest rates, recorded on October 28, 2023, readers can refer to:

VRB interest rate table. Screenshot

DongA Bank's online interest rate table. Screenshot

SCB's online interest rate table. Screenshot

BIDV interest rate table. Screenshot

VietinBank online interest rate table. Screenshot

Deposit 500 million VND, after 10 months receive nearly 27 million VND in interest

To quickly calculate bank interest, you can apply the interest calculation formula:

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

For example, if you deposit 500 million VND at bank A for a 10-month term, with an interest rate of 6.1%, the interest received is as follows: 500 million VND x 6.4%/12 x 10 months ≈ 26.66 million VND.

With the same amount and term above, if you save at bank B with an interest rate of 4.3%/year, the amount you can receive will be: 500 million VND x 4.3%/12 x 10 months ≈ 17.91 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.

Source: https://laodong.vn/tien-te-dau-tu/lai-suat-10-thang-cao-nhat-gui-500-trieu-nhan-gan-27-dong-trieu-tien-lai-1260107.ldo