Today is December 16, Agricultural Bank of China, as one of the six major state-owned banks, has strong strength and business outlets all over the country. In addition, in terms of operation, ABC also takes the low-end and people-friendly route. Many low-level people like to keep their money in the Agricultural Bank.
Let's take a look at how much interest can be on 40,000 yuan deposited in the Agricultural Bank of China for three years?
If you deposit 40,000 yuan in the Agricultural Bank of China for three years, how much is the interest income?
1 . current
Here's a word to say: Anyone who keeps the money alive is a big fool.
Because the interest rate of demand deposits is very low. When you put your money in life, it is equivalent to taking your own money and giving it to the bank for free.
At present, the interest rate of demand deposits in the Agricultural Bank of China is only 0.20% per annum. The interest rates on demand deposits in the six major state-owned banks are all so low. Even some small local commercial banks are very low.
If you put 40,000 yuan in the survival period, the interest for that year is:
40,000×0.20%=80 yuan
During the survival period of 40,000 yuan, the interest for one year is only 80 yuan. This interest income is really low and outrageously low. According to this interest rate, even if you save for three years of interest, the interest is only 240 yuan.
We often say that saving money comes first. This is true, because only when the principal is safe, it is meaningful to talk about interest. However, you can't just be safe and don't want any interest at all.
During the survival period of the money, you are watching your money depreciate. We must not do this kind of thing of working for the bank and "making money stupid".
2 . regular
For fixed deposits, we have to tell the truth: all depositors who like to save fixed deposits must be down-to-earth and particularly pragmatic people in life.
That's not an exaggeration at all.
There's no easier way to save money than a fixed deposit. You can rest easy when you keep your money in reserve, protect your passbook (or certificate of deposit), and protect your password. You don't have to worry about anything, you just have to wait for the principal and interest to be withdrawn when due.
If you buy wealth management products, or speculate in funds and stocks, you may earn more income. However, there is a greater probability of losing the principal.
Many people speculate in funds and stocks, and they have been tossing and turning for many years. Not to mention that not a penny was earned, the loss of principal was miserable. Some people regret it very much, and say that it is better to save it honestly if they knew that it was so miserable. It's just a pity that there is no regret medicine sold in the world.
Keep the money in a fixed term, guarantee the principal and interest, and get the interest steadily every year. This is the best way to save money, and it is also the most suitable way for us ordinary people to save money.
Put 40,000 yuan in the Agricultural Bank of China for three years, and you can choose to deposit it for three years. However, the interest rate on the fixed deposits of the Agricultural Bank of China is calculated according to the amount of the deposit.
40,000 yuan, with a deposit period of three years, according to the rules of calculating interest by file, it did not reach the highest interest rate, only 2.55% annualized.
The interest for a full three-year period is:
40,000×2.55%×3=3,060 yuan
The advantage of saving for three years is that during these three years, you don't have to worry about the bank's interest rate cut. However, with a long term of three years, the flexibility of the deposit is relatively poor. In case of an emergency in the middle of saving money and you need to withdraw the money in advance, all the interest will be settled according to the current interest rate.
If you want to guarantee the flexibility of your deposit, you can choose to deposit for a period of one year. After the expiration of the term, it will be rolled over for another year.
According to the Agricultural Bank of China, the rules for calculating interest on fixed deposits are based on the file. If you save 40,000 yuan for a fixed period of one year, the interest rate is the highest annualized 1.80%.
The interest at maturity for one year is:
4万×1.80%＝720元
The interest of the fixed deposit for one year is 720 yuan, so according to this interest rate, the total interest for three years is 2160 yuan.
However, the interest rate on our bank deposits is falling every year. If you roll over the deposit year by year, the interest will definitely be lower and lower year by year. The total interest for those three years is not 2,160 yuan.
The advantage of a one-time deposit period of three years is that it is not affected by interest rate cuts during the deposit period. Moreover, the interest rate is also higher than that of the year-to-year rollover. The same is 40,000 yuan, saved for three years. A one-time deposit for three years is more than a year-to-year redeposit, and the interest is 3060-2160 = 900 yuan.
However, the disadvantages are also obvious, that is, the deadline is long and the flexibility is relatively poor.
The advantage of rolling over year is that it is more flexible. The downside is that interest rates are low and susceptible to interest rate cuts.
Therefore, when we deposit a fixed term, we must choose the most suitable term according to our actual situation. If you are sure that the money can not be used for three years, you can save it for three years at a time. If you are not sure whether the money will be used in three years, it is safer to transfer it year by year.
3 . Savings Treasury bonds
When many people think of savings bonds, they just shake their heads, saying that they can't buy them at all. In fact, as long as the preparations are done well, savings bonds are still very easy to buy.
Savings bonds are generally sold at 8:30 a.m. on the 10th of each month. If you deposit your money in advance and then go to the bank a little earlier, you can basically grab the quota.
Why do some people complain that they can't buy it?
Because there are a considerable number of people who don't pay attention to it at all. He could grind until almost noon, and then he was late. It would be a strange thing if it could buy government bonds.
The latest issue of savings treasury bonds is a certificate-type treasury bond, and the interest will be settled in a lump sum at maturity. The interest rate on the three-year Treasury bond is 2.63% per annum. Put 40,000 yuan to buy a three-year treasury bond, and the maturity interest is:
40,000×2.63%×3=3,156 yuan
The interest rate on savings bonds is higher than that on fixed deposits. Moreover, if you withdraw it in advance halfway, you can also calculate interest by relying on the file. Buying savings bonds with money that you don't need for three or five years is really a very good way to save money.
summary
Agricultural Bank of China, as a veteran state-owned bank, has strong strength. The biggest advantage of keeping money in the Agricultural Bank of China is that you never have to worry about waking up one day, and the bank will go bankrupt.
Moreover, the Agricultural Bank of China has nearly 20,000 business outlets across the country. No matter where you go, it is very convenient to deposit and withdraw money.
We ordinary people, it is a very good choice to deposit money in the Agricultural Bank.