BIDV interest rate increased, how to receive interest on deposit of 200 million?

Latest BIDV interest rates in August

According to Lao Dong, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) recently issued a new interest rate schedule, currently listed as follows:

1-month term interest rate is 2%/year.

3-month term interest rate is 2.3%/year.

Interest rate for 6-9 month term is 3.3%/year.

Interest rate for 12-18 month term is 4.7%/year.

36-month term interest rate is 4.9%/year.

Latest deposit interest rate table at BIDV. Screenshot.

In addition, BIDV's counter savings interest rates are currently listed as follows:

Interest rate for 1-3 month term is 1.7%/year.

6-month term interest rate is 2%/year.

9-month term interest rate at 3%/year.

Interest rate for 12-36 month term is 4.7%/year.

In the Big4 banking group including BIDV, Vietcombank, VietinBank, Agribank , VietinBank is currently holding the most preferential interest rate compared to the remaining banks, followed by BIDV interest rate.

Accordingly, BIDV's interest rate currently fluctuates between 2.0-4.9%/year (online), Vietcombank's interest rate currently fluctuates between 1.6-4.7%/year, Agribank's interest rate fluctuates between 1.7-4.8%/year, VietinBank's interest rate fluctuates between 2.0-5.0%/year (online).

Deposit 200 million VND at BIDV, how much interest do you receive?

Readers can quickly calculate bank interest using the following formula:

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

Thus, depositing 200 million at BIDV, customers can receive the highest interest rate as follows (applied to online deposits):

1 month term: 333,333 VND.

3-month term: 1,150,000 VND.

6-month term: 3,300,000 VND.

9-month term: 4,950,000 VND.

12-month term: 9,400,000 VND.

36-month term: VND 28,800,000.

* 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/kinh-doanh/lai-suat-bidv-tang-cao-gui-200-trieu-nhan-lai-the-nao-1379306.ldo