On August 20, 2026, Techcombank revealed its latest interest rates for its online savings product, Phat Loc Online, with a maximum rate of 6.9% per annum. This competitive rate is designed to attract customers to utilize online banking services.

The interest rate is applicable for priority banking clients who deposit amounts below 1 billion VND, with different rates for deposits ranging from 1 to 3 billion VND and above 3 billion VND, specifically for a 12-month term.

For customers looking to deposit 100 million VND, the interest calculation can be done using the formula: Monthly Interest = Deposit Amount x Interest Rate (% per year) / 12 x Number of Months. Therefore, a deposit of 100 million VND over a two-year period would yield an interest of 12 million VND.

It is important to note that the interest rates may vary for regular customers and can change based on the deposit amount. For deposits exceeding 1 billion VND, different rates will apply.

Potential customers are encouraged to contact their nearest bank branch or hotline for specific advice and to confirm current rates, as these figures are subject to change.

For more information on interest rates, readers can check additional articles on the topic.