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Agribank Savings Interest Rates: Earn 114 Million from 950 Million Deposit

Agribank Savings Interest Rates: Earn 114 Million from 950 Million Deposit

Agribank, the Vietnam Bank for Agriculture and Rural Development, has announced its savings interest rates, which currently range from 2.6% to 6.0% per annum. As of August 1, 2026, the rates for various deposit terms are as follows:

  • 1-month term: 2.6% per annum
  • 3-month term: 2.9% per annum
  • 6-11 month term: 4.0% per annum
  • 12-month term: 5.9% per annum
  • 24-36 month term: 6.0% per annum

For those considering a significant deposit, a sum of 950 million VND placed in Agribank can generate substantial interest. Using the formula for calculating monthly interest:

Monthly Interest = (Deposit Amount x Interest Rate (% per annum) / 12) x Number of Months

Under the maximum interest rate of 6.0% per annum, a customer could expect to earn approximately 114 million VND in interest over a specified term. This calculation assumes the deposit is made directly at an Agribank branch.

It is important to note that these interest rates are subject to change and may vary based on market conditions. Customers are encouraged to contact their nearest Agribank branch or hotline for the most accurate and up-to-date information regarding savings products.

For more details on current interest rates, readers can refer to Agribank's official website or the latest financial news.

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