HDBank 6-month savings interest rate

According to the Lao Dong Newspaper reporter, HDBank's interest rates are fluctuating from 3.05 - 8.1%, depending on the deposit term. In particular, the 6-month deposit term for customers opening a savings account at the counter is 5.0%.

For customers making online savings deposits, HDBank's 6-month interest rate is 5.1%.

In addition, readers can refer to other deposit terms of HDBank in the table below.

NCB 6-month savings interest rate

For a 6-month deposit term, NCB listed a savings interest rate of 5.35%. Compared to HDBank's interest rate, NCB's interest rate is 0.35 percentage points higher than the same deposit term.

Currently, NCB's savings interest rates range from 3.7 - 6.1%. Of which, the highest interest rate is applied to deposits with terms of 18 months or more (6.1%).

Below are details of NCB interest rates for August 2024, readers can refer to more.

Techcombank 6-month savings interest rate

Techcombank's 6-month deposit term has an interest rate listed at 4.5%. Compared to HDBank and NCB's interest rates, Techcombank's interest rate for this term is lower. Specifically, it is 0.5 percentage points lower than HDBank's interest rate; and 0.85 percentage points lower than NCB's interest rate.

Currently, Techcombank's interest rates range from 3.2 - 5.2%, depending on the term. In particular, customers who deposit for 12 months or more enjoy an interest rate of 5.2% at Techcombank.

Below is the detailed Techcombank interest rate table, readers can refer to it.

Deposit 500 million in savings for 6 months at HDBank, NCB, Techcombank, how much interest will I receive?

Formula for calculating bank interest:

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

For example, you deposit 500 million in savings for 6 months at HDBank, NCB, Techcombank, depending on the interest rate, the amount of interest received will be different.

Specifically:

+ Interest on savings deposit of 500 million VND at NCB with interest rate of 5.35%:

Interest = 500 million x 5.35%/12 x 6 = 13,375 million VND.

+ Interest on savings deposit of 500 million VND at HDBank with interest rate of 5.0%:

Interest = 500 million x 5.0%/12 x 6 = 12.5 million VND.

+ Interest on savings deposit of 500 million VND at Techcombank with interest rate of 4.5%:

Interest = 500 million x 4.5%/12 x 6 = 11.25 million VND.