Vietcombank interest rate fluctuations, deposit 500 million for 36-month term, receive interest up to 70.5 million VND

Full set of Vietcombank interest rates at all terms

According to Lao Dong, savings interest rates at the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) currently fluctuate between 1.6-4.7%/year.

The current savings interest rates at Vietcombank are listed as follows:

1-month deposit interest rate is 1.6%/year.

3-month deposit interest rate is 1.9%/year.

Interest rate for 6-9 month term deposits is 2.9%/year.

12-month deposit interest rate is 4.6%/year.

Interest rate on 18-36 month term deposits 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's interest rate.

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

Although Agribank and Vietcombank interest rates fluctuate within a similar range, Agribank's interest rates are 0.1 percentage points higher than Vietcombank's for terms of 6 months, 9 months and 12 months.

(See more details on Agribank, BIDV, Vietinbank interest rates HERE)

Depositing 500 million VND at Vietcombank, how much interest do you receive at each term?

Readers can quickly calculate bank interest using the following formula:

Thus, depositing 500 million at Vietcombank, customers can receive the highest interest rate as follows (applicable to individual customers):

1 month term: 666,667 VND.

3 month term: 2,375,000 VND.

6 month term: 7,250,000 VND.

9 month term: 10,875,000 VND.

12 month term: 23,000,000 VND.

36 month term: 70,500,000 VND.