Agribank interest rate is the highest in Big4 group, what is the interest rate for depositing 1 billion?

Agribank's interest rate is the highest in the Big4 group. What is the interest rate for depositing 1 billion? Illustration: Tra My

Latest Agribank interest rates for September

The Bank for Agriculture and Rural Development (Agribank) currently holds the highest interest rate for terms of 1-3-6-9 months among the Big4 banks, fluctuating between 2.0-4.8%/year.

The deposit interest rate table at Agribank recorded the following changes:

1-month term interest rate is 2.0%/year.

3-month term interest rate increased by 2.5%/year.

Interest rates for 6-9 month terms increased by 3.3% per year.

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

Interest rate for 24-36 month term is 4.8%/year.

In addition, Agribank's counter deposit interest rates are still listed at 1.7-4.8%/year.

1-month term interest rate is 1.7%/year.

3-month term interest rate is 2.0%/year.

6-month term interest rate is 3.0%/year.

9-month term interest rate is at 4.7%/year.

12-month term interest rate is 4.7%/year.

24-month term interest rate is 4.8%/year.

Savings interest rates at the counter at Agribank. Screenshot.

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

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, VietinBank's interest rate is between 1.7-4.8%/year.

Deposit 1 billion VND at Agribank, 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 1 billion VND at Agribank, customers can receive the highest interest rate as follows (applied to online deposits):

1 month term: 1,666,667 VND.

3-month term: 6,250,000 VND.

6-month term: 16,500,000 VND.

9-month term: 24,750,000 VND.

12-month term: 47,000,000 VND.

36-month term: 144,000,000 VND.

* 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-agribank-cao-nhat-nhom-big4-gui-1-ti-lai-ra-sao-1394462.ldo