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Public Bank (abbreviated as MTV Public Bank) offers various services, including savings deposits, loans, fund transfers, and more, catering to the diverse needs of every customer. Similar to the interest rates for Public Bank loans, the savings account interest rates at Public Bank also fluctuate from month to month.
What is Public Bank's interest rate? High or low?
Public Bank Savings Interest Rates
Saving money is a service that allows customers to deposit idle funds to earn stable monthly returns. Compared to investing in gold, playing the stock market, etc., savings accounts have lower but consistent and safer interest rates. According to the latest updates, the interest rates at Public Bank are as follows:
Term deposit interest rates
Specifically:
- The interest rate for a 1-month term deposit in VND is 3.3% per annum.
- For terms of 3, 4, and 5 months, the interest rate for Public Bank savings is 3.6% per annum.
- A rate of 5% for 6 and 9-month terms.
- The savings interest rate at Public Bank is 4.8% for terms of 24, 36, and 48 months.
No-term Savings Interest Rate Table
Unlimited-term savings also apply interest rates from the term deposit table. Consider carefully to choose the most suitable savings deposit option.
Is the interest rate on Public Bank savings accounts competitive?
The latest interest rate table for banks such as Agribank, Techcombank, BIDV, etc., is as follows:
Comparing the interest rates among banks, the highest is 8.4% per annum at Eximbank, and the lowest is 5.6% at Techcombank for a 12-month term. Public Bank offers a deposit interest rate of 5.8% per annum for a 12-month term, with the highest rate being 6.5% per annum. Therefore, deposits at Public Bank have an average interest rate.
Through updating the deposit interest rates of Public Bank and other banks, it's evident that Public Bank is applying a moderate interest rate. Consider and evaluate for the most informed decision. Contact the Public Bank hotline for the best advice.
