Agribank highest interest rate, deposit 100 million to receive interest?

Latest Agribank deposit interest rates

Currently, deposit interest rates at Agribank are listed around 1.7 - 4.8%, depending on the term.

Of which, the 24-month term interest rate is listed at 4.8%. The 12-month, 13-month, 15-month, and 18-month term interest rate is 4.7%.

Next are the terms of 6 months, 7 months, 8 months, 9 months, 10 months and 11 months, Agribank interest rate is 3.0%.

Interest rates for 4-month, 4-month, 5-month terms are lower at 2%. For 1-month, 2-month terms, Agribank interest rates are at 1.7%.

For non-term savings interest rates, Agribank is applying a threshold of 0.2%.

Current deposit interest rates at Agribank. Screenshot.

Current deposit interest rate chart at Agribank. Chart: Khuong Duy

Readers can also refer to current bank interest rates through the latest summary table below.

Top banks with high interest rates on the market on August 18. Table: Ha Vy

PVcomBank's interest rate is currently the highest in the market, up to 9.5% for a 12-month term with a minimum deposit of VND2,000 billion.

Next is HDBank with a fairly high interest rate, 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a minimum balance of VND500 billion. This bank also applies a 6% interest rate for an 18-month term.

MSB also applies quite high interest rates with interest rates at bank counters up to 8%/year for 13-month term and 7% for 12-month term. The applicable conditions are new savings books or savings books opened from January 1, 2018 automatically renewed with a term of 12 months, 13 months and deposit amount from 500 billion VND.

Dong A Bank has a deposit interest rate, term of 13 months or more, end-of-term interest with deposits of 200 billion VND or more, applying an interest rate of 7.5%/year.

NCB, OceanBank and Cake by VPBank apply an interest rate of 6.1% for a 24-month term.

OCB applies a 6% interest rate for a 36-month term; ABBank and Cake by VPBank apply a 6% interest rate for a 12-month term; BVBank and VRB also apply a 6% interest rate for a 24-month and 12-month term; SaigonBank applies a 6% interest rate for a 13-, 18- and 24-month term, and a 6.1% interest rate for a 36-month term.

Deposit 100 million VND in savings at Agribank, how much money will you receive?

Formula for calculating bank interest:

Interest = Deposit x interest rate (%)/12 months x deposit term.

For example, you deposit 100 million VND in savings at Agribank on August 13, 2024, depending on the deposit term and the corresponding interest rate, the amount of interest you receive is as follows:

+ Interest on 3-month Agribank savings deposit: 500,000 VND.

+ Interest on 6-month Agribank savings deposit: 1.5 million VND.

+ Interest on 9-month Agribank savings deposit: 2.25 million VND.

+ Interest on 12-month Agribank savings deposit: 4.7 million VND.

+ Interest on 24-month Agribank savings deposit: 9.6 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-agribank-cao-nhat-gui-100-trieu-nhan-lai-the-nao-1379783.ldo