Update BIDV deposit interest rates

According to Lao Dong reporter on March 4, 2024, BIDV listed deposit interest rates around 1.9 - 5%/year.

Accordingly, the non-term interest rate listed by this bank is at 0.1%/year; 1-2 months at 1.9%/year; 3-5 months at 2.2%/year; 6 and 9 months at 3.2%/year; 12-18 months at 4.8%/year; 24-36 months at 5%/year.

The highest interest rate at BIDV is at 5%/year.

Compared to banks in the Big4 group, BIDV is the bank with the highest interest rate.

Deposit 300 million VND at BIDV, how to receive interest?

To quickly calculate bank interest, you can apply the interest calculation formula:

For example, if you save 300 million VND at BIDV for a 1-month term, with an interest rate of 1.9%, the interest received is as follows: 300 million VND x 1.9%/12 x 1 month = 475,000 VND.

With the same amount of money and bank above, if you save for 12 months with an interest rate of 4.8%/year, the amount you can receive will be: 300 million VND x 4.8%/12 x 12 months = 14.4 million VND.