Latest Agribank interest rates: Deposit 500 million VND and receive the highest interest of 70.5 million VND.

Complete list of Agribank interest rates for various terms.

According to Lao Dong newspaper, interest rates on savings deposits at the Vietnam Agricultural and Rural Development Bank (Agribank) currently range from 1.6% to 4.7% per year.

The current interest rates for savings deposits at Agribank are as follows:

The interest rate for a 1-month term deposit is 1.6% per year.

The interest rate for a 3-month term deposit is 1.9% per year.

Interest rates for time deposits with terms of 6-9 months are at 3.0% per year.

Interest rates on deposits with terms longer than 12 months are 4.7% per year.

Interest rate chart for individual customer savings deposits at Agribank. Screenshot.

Among the Big4 banks ( BIDV , Vietcombank, Vietinbank, and Agribank), BIDV currently offers the most favorable interest rates compared to the others. Specifically, BIDV's interest rates range from 1.7% to 4.8% per year, Vietcombank's from 1.6% to 4.7% per year, and VietinBank's from 1.7% to 4.8% per year.

What interest rate will I receive if I deposit 500 million VND at Agribank for different terms?

Readers can quickly calculate bank deposit interest using the following formula:

Interest = Deposit amount x interest rate (%)/12 months x number of months deposited.

Therefore, by depositing 500 million VND at Agribank, customers can receive the highest interest rates as follows (applicable to individual customers):

1-month term: 666,667 VND.

3-month term: 2,375,000 VND.

6-month term: 7,500,000 VND.

9-month term: 11,250,000 VND.

12-month term: 23,500,000 VND.

36-month term: 70,500,000 VND.

* Interest rate information is for reference only and may change from time to time. Please contact your nearest bank branch or hotline for specific advice.

Readers can find more articles about interest rates HERE.

Source: https://laodong.vn/kinh-doanh/lai-suat-agribank-moi-nhat-gui-500-trieu-nhan-lai-cao-nhat-705-trieu-dong-1346971.ldo