Savings interest rates reached 8.1% for deposits of 13 months.

The highest interest rate currently offered for a 13-month term is 9% per year. Photo: Thach Lam

According to PV's survey, PVcomBank's interest rate is currently the highest in the market, reaching 9% for a 13-month term with a minimum deposit of 2,000 billion VND. Under normal conditions, PVcomBank lists the highest 13-month interest rate at 6.3% when customers deposit online and 6% when depositing at the counter.

PVcomBank's traditional savings interest rate chart. Photo: PVcomBank

PVcomBank's online savings interest rate chart. Photo: PVcomBank

Following that, HDBank offers an interest rate of 8.1% for a 13-month term, with a minimum balance of 500 billion VND. Under regular conditions, HDBank lists the highest 13-month interest rate at 6% for online deposits and 5.9% for over-the-counter deposits.

Interest rate chart for savings accounts at HDBank branches. Photo: HDBank

HDBank's online savings interest rate chart. Photo: HDBank

Some of the top banks offering high interest rates on 13-month savings deposits under standard conditions include: PGBank, Cake by VPBank , Vikki Bank, BacABank, etc.

PGBank is currently offering the highest interest rate for a 13-month term at 7.2% per annum, with interest paid at the end of the term. Currently, the highest interest rate offered by PGBank is 7.2%, applicable to 12-month and 13-month terms.

PGBank savings interest rate chart. Photo: PGBank

Cake by VPBank is currently offering the highest interest rate for a 13-month term at 7.1% per annum, with interest paid at the end of the term. The highest interest rate currently offered by Cake by VPBank is 7.3% for a 6-month term.

Interest rate chart for Cake by VPBank savings accounts. Photo: Cake by VPBank

Bac A Bank is currently offering the highest interest rate of 6.85% for a 13-month term when individual customers deposit money online and receive interest at the end of the term.

Bac A Bank's savings interest rate chart. Photo: Bac A Bank

Vikki Bank is currently offering the highest interest rate of 6.7% for a 13-month term when individual customers deposit money online and receive interest at the end of the term.

Vikki Bank's savings interest rate chart. Photo: Vikki Bank

How much interest will I receive if I deposit money in a savings account for 13 months?

You can refer to the interest calculation method to find out how much interest you will receive after depositing your savings. To calculate interest, you can apply the following formula:

Interest = Deposit amount x Interest rate %/12 x Number of months deposited

For example, if someone deposits 500 million VND into Bank A for a 13-month term and earns an interest rate of 7.2% per year, the interest received would be as follows:

500 million VND x 7.2%/12 x 13 = 39 million VND.

For example, if someone deposits 3 billion VND into Bank A for a 13-month term and earns an interest rate of 7.1% per year, the interest received would be as follows:

3 billion VND x 7.1%/12 x 13 = 230.75 million VND.

Source: https://baoquangninh.vn/lai-suat-tiet-kiem-cham-moc-8-1-khi-gui-tien-13-thang-3397199.html