Are you wondering the level Bac A bank savings interest rate as well as the new lending interest rates at Bac A Bank in March 2022, right? The following is the information that has been fully recorded and details the savings interest rate of Bac A bank.

Let’s find out right below!

See more:

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  • Sacombank savings deposit interest rate
  • Techcombank savings interest rate

Savings products at Bac A bank

BAC A Bank offers many optimal financial solutions to help customers manage their idle funds well. Accordingly, savings at Bac A Bank always have preferential interest rates and flexible transaction methods. Below are the deposit products in North Asia.

  • Avoided have.
  • Elderly savings.
  • Profitable savings every day.
  • Online deposit.
  • Home builder.
  • Saving armed forces.

Advantages of saving money at Bac A bank

Advantages of saving money at Bac A bank are as follows:

  • Form of interest payment monthly, quarterly or at the end of the period, depending on the needs of customers.
  • Bac A Bank allows customers to pledge and mortgage savings books to borrow capital with preferential interest rates.
  • Deposit terms are diverse, customers can choose according to their needs.
  • Customers are entitled to interest rates on term deposits listed by the bank at the time of depositing.
  • When required, customers can completely deposit and withdraw money at any North Asia branch or transaction office nationwide.

Bac A bank savings interest rate in May 2022

Savings interest rate table of Bac A bank:

Period

Effective from 01/01/2021

Monthly profit (%/year)

Earning quarterly profit (%/year)

Profit at the end of the period (%/year)

Corroborate

0.2

01 week

0.2

02 weeks

0.2

03 weeks

0.2

01 month

4.25

02 months

4.15

4.25

03 months

4.15

4.25

04 months

4.15

4.25

05 months

4.15

4.25

06 months

6.6

6.7

6.9

07 months

6.6

6.9

08 months

6.6

6.9

09 months

6.7

6.8

7

10 months

6.7

7

11 months

6.7

7

12 months

7.1

7.2

7.4

13 months

7.1

7.4

15 months

7.1

7.2

7.4

18 months

7.1

7.2

7.4

24 months

7.1

7.2

7.4

36 months

7.1

7.2

7.4

July 2020 Bac A bank savings interest rate Applied to deposit products which are divided into 3 main interest rates and 3 interest payment periods as follows:

  • Earn monthly profit.
  • Earn quarterly profit.
  • Profit at the end of the period.

In particular, with the monthly interest payment period, you will receive the highest North Asia savings interest rate of all terms.

Update savings interest rates Bac A Bank
Update savings interest rates Bac A Bank

In addition, Bac A Bank also changed the savings interest rate for all terms, specifically as follows:

  • End-of-term interest: Bac A Bank applies the highest interest rate up to 7.8%/year for terms of 12 months or more.
  • Monthly interest payment: 1 month term will not be applied interest. The highest interest rate is 7.5% for terms of 12 months or more.
  • Quarterly interest: The interest rate applied by Bac A Bank ranges from 7.5%/year to the highest 7.6%/year.

Along with that, customers can also choose other extremely preferential savings packages as follows:

  • Online savings: A term deposit product, operating on the Ebanking platform of Bac A Bank. The fast and modern transaction method helps you to take the initiative in time and experience many attractive offers and other utilities.
  • Saving “Nest Builder”: Nest Builder helps female customers to manage family finances effectively and simply to build a happy, solid home.
  • Armed Forces Savings: Bac A Bank officially launched the Armed Forces Savings deposit product with many attractive incentives. The product was born on December 22, 2018 on the occasion of the 74th anniversary of the establishment of the Vietnam People’s Army. The purpose of Bac A Bank for this product is to pay tribute to those who have protected national peace day and night.
  • Savings for the elderly: Deposit term of 6 months or more with 2 types of deposit: USD and VND. This is a special product for elderly customers.
  • Profitable savings every day: This savings product has a term that allows customers to deposit money with the number of deposit days as needed. This helps customers to optimize their idle cash flow day by day.

Update the most detailed VPBank savings interest rates

The formula for calculating the interest rate for savings in Bac A bank

To be able to calculate the amount that they will receive from a savings deposit, customers can apply the following formula.

The formula for calculating interest rate on demand savings:

Interest amount = Deposit amount x interest rate (%/year) x number of deposit days/360

Formula for calculating interest rate for term savings:

Customers can choose 1 of 2 formulas to calculate interest rates for term savings:

Interest amount = Deposit amount x interest rate (%year) x number of deposit days/360.

Or:

Interest amount = Deposit amount x interest rate (%year)/12 x number of months of deposit.

Other interest rates at Bac A Bank

Besides the level Bac A bank savings interest rate also announced other interest rates in 2020. Let’s find out 2 interest rates: home loan interest rate and car loan interest rate at Bac A Bank.

Home loan interest rate at Bac A bank

Bac A Bank is implementing 2 home loan packages, Dream Home and Premium Home. Each loan package has its own features and utilities to meet the needs of each customer:

Dream Home:

  • Target audience: all individual customers who have a job with a stable income.
  • Loan rate: 90% of the value of the real estate purchased.
  • Loan term: 25 years.
  • Collateral: housing to be formed in the future or land as a special asset.
  • Benefits: Loans to offset the amount purchased for real estate.
  • Cost of appraisal and consultation: free.
Home loan interest rate of Bac A bank
Home loan interest rate of Bac A bank

Premium Home:

  • Target audience: all individual customers who have a job with a stable income.
  • Loan rate: 90% of the value of the real estate purchased.
  • Loan term: 20 years.
  • Collateral: using purchased real estate as collateral
  • Benefits: Loans to offset the amount purchased for real estate.
  • Cost of appraisal and consultation: free.

While many banks charge appraisal fees, Bac A Bank is waiving all appraisal fees for both Dream Home and Premium Home loan packages. This creates the most favorable conditions when borrowing capital for customers.

Regarding interest rates, Bac A Bank is applying a preferential rate of 7.9%/year for the first 12 months. Currently, this is the best home loan interest rate in the banking market at the moment.

If you want to reduce the pressure of repayment, you can choose a loan term of 20 or 25 years to reduce the monthly principal payment.

For example, if you borrow 1 billion VND with an interest rate of 7.9%/year, the loan term is 20 years, the amount you have to pay monthly is about 9,963,000 VND. If you choose a short loan term, for example, 10 years, the monthly payment amount will be VND 14,495,000

Find out the latest Vietinbank savings interest rates

Car loan interest rate at Bac A Bank

When you borrow money to buy a car on installments at Bac A Bank, you will also enjoy extremely favorable interest rates. And also enjoy many great benefits for your loan such as:

  • Flexible loan term: up to 10 years
  • Interest rate from only 8.99%/year
  • Support up to 90% of actual capital needs
Car loan interest rate of Bac A bank
Car loan interest rate of Bac A bank

Looking at the maximum loan term, you must have seen the advantages when choosing a car loan at Bac A bank. While other banks usually have a maximum loan term from 5 years to 7 years, Bac A offers loans up to 10 years. This is also an incentive to help customers reduce debt repayment pressure, helping customers with a good average income can also get their dream car.

Find out which bank should be the safest deposit today?

Conclude

Hope with the above information about Bac A bank savings interest rate January 2021 has helped you get the best choice when you want to save money or use other loan packages of Bac A Bank.

Information edited by: banktop.vn

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