Bank deposits are a very simple and safe way to manage money, and many investors will consider depositing money in large commercial banks such as Industrial and Commercial Bank of China and Agricultural Bank of China when depositing. So, what is the latest deposit interest rate of the Agricultural Bank of China, and how much interest is there on a deposit of 100,000 yuan?
The latest interest rate on deposits with the Agricultural Bank of China
According to the RMB deposit interest rate information officially released by the Agricultural Bank of China, the latest deposit interest rate of the Agricultural Bank of China is detailed as follows.
1. The annual interest rate of demand deposit is 0.2%.
2. The annual interest rate of fixed deposit is 1.15%~2%, including 1.15% for three months, 1.35% for six months, 1.45% for one year, 1.65% for two years, 1.95% for three years and 2% for five years.
3. The annual interest rate of fixed deposits is 1.15%~1.35%, of which 1.15% for one year, 1.35% for three years and 1.35% for five years.
4. The annual interest rate of fixed and live two-pence deposit is 6% off the interest rate of the same grade according to the fixed deposit and lump sum deposit within one year.
5. The annual interest rate of the agreed deposit is 0.7%.
6. The annual interest rate of call deposit is 0.25%~0.8%, of which the annual interest rate of one-day call deposit is 0.25%, and the annual interest rate of seven-day call deposit is 0.8%.
However, the above is only the listed deposit interest rate of the Agricultural Bank of China. There are also several types of deposits that do not appear in the table of listed deposit interest rates.
One is the large certificate of deposit. At present, the interest rate of the Agricultural Bank of China's large-denomination certificates of deposit is between 1.5% and 2.35%, with the interest rate for one month and three months being 1.5%, the interest rate for six months being 1.7%, the interest rate being 1.8% for one year, the interest rate being 1.9% for two years, and the interest rate being 2.35 percent for three years.
The other is the special deposit. ABC's characteristic deposits are derived from the fixed deposits of the whole deposit, and the difference between it and the fixed deposits is mainly in the different initial deposit amounts, and the minimum deposit amount of the characteristic deposits is higher.
Agricultural Bank of China's special deposits, the minimum deposit amount is 1,000 yuan, the maximum is 50,000 yuan, and there are also 3,000 yuan, 5,000 yuan and 10,000 yuan minimum deposits.
While the minimum deposit threshold is higher, its deposit interest rate is also higher. The interest rates for three-month, six-month, one-year, two-year, three-year and five-year tenors are 1.4%, 1.6%, 1.7%, 1.9%, 2.35% and 2.4%, respectively. Among them, the interest rates of the two-year and three-year tenors have caught up with the interest rates of large certificates of deposit, which are significantly higher than the interest rates of ordinary fixed deposits in the same period.
There is also a type of structured deposit. At present, ABC does not have many structured deposits for sale, and the yield is not high, with the lowest being only 1.1% and the highest being only 1.7%.
What is the interest on depositing 100,000 yuan in Agricultural Bank of China?
There is obviously no fixed answer to the interest of depositing 100,000 yuan in the Agricultural Bank of China, and the interest on the deposit is related to the type of deposit and the term of the deposit.
If 100,000 yuan is deposited into the demand deposit of Agricultural Bank of China, the investor's annual interest = 100,000×0.2% = 200 yuan.
If 100,000 yuan is deposited into a one-year fixed deposit of Agricultural Bank of China, the annual interest rate is 1.45%, then the interest of 100,000 yuan deposited by investors = 100,000×1.45% ×1 = 1,450 yuan.
If 100,000 yuan is deposited into a 3-year fixed deposit of Agricultural Bank of China, the annual interest rate is 1.95%, then the interest of 100,000 yuan deposited by investors = 100,000×1.95%×3 = 5,850 yuan.
If you want the interest rate to be higher, it is best to deposit the special deposit of the Agricultural Bank of China.
Because although the interest rate of large-amount certificates of deposit is the highest, at least 200,000 yuan or more needs to be deposited, and a deposit of 100,000 yuan does not meet the requirements of large-amount certificates of deposit. The interest rate of special deposits is second only to that of large-denomination certificates of deposit, especially those of the second and third tranches, which are actually no different from large-denomination certificates of deposit.
If you deposit 100,000 3-year special deposits, the interest will be = 100,000×2.35%×3 = 7,050 yuan, which is 1,200 yuan more than the interest of ordinary fixed deposits of the same period.
In addition, there are five-year deposits among the featured deposits, and the interest rate is also the highest among all deposits. If you deposit a five-year special deposit, the interest of 100,000 yuan will be 12,000 yuan.
In short, the interest rate difference between different types of deposits and different tenors may be relatively large.