Rural commercial banks are one of the main representatives of local banks in mainland China. As a local bank, the deposit interest rate of the rural commercial bank is relatively high. However, the interest rates of rural commercial banks in different regions may vary, based on the latest deposit rates of several representative rural commercial banks.
1. Beijing Rural Commercial Bank
(1) Flexi
The interest rate on demand deposits is 0.2%.
(2) Periodically
Lump sum deposit: 1.2% interest rate for three months; The six-month interest rate is 1.45%; The interest rate for one year is 1.65%; The interest rate for two years is 1.9%; The interest rate is 2.0% for three years; The interest rate is 2.05% for five years.
Lump sum deposit, lump sum deposit, principal deposit and interest: the interest rate for one year is 1.3%; The interest rate is 1.45% for three years; The interest rate is 1.55% for five years.
(3) Fix two pennies
A 6% discount will be given to the interest rate of the same grade for regular deposits within one year.
(4) Call Deposit
The interest rate for one-day call deposits is 0.25%; The interest rate on a seven-day call deposit is 0.8%.
2. Shanghai Rural Commercial Bank
(1) Flexi
The interest rate on demand deposits is 0.2%.
(2) Periodically
Lump sum deposit: 1.25% interest rate for 3 months; The six-month interest rate is 1.45%; The interest rate for one year is 1.65%; The interest rate is 1.75% for two years; The interest rate is 2.05% for three years; The interest rate is 2.0% for five years.
Fractional deposit, lump sum deposit, principal deposit and interest: the interest rate for one year is 1.25%; The interest rate is 1.45% for three years; The interest rate is 1.45% for five years.
(3) Fix two pennies
A 6% discount will be given to the interest rate of the same grade for regular deposits within one year.
(4) Negotiated deposits
The agreed deposit rate is 0.7%.
(5) Call Deposit
The interest rate for one-day call deposits is 0.25%; The interest rate on a seven-day call deposit is 0.8%.
3. Chongqing Rural Commercial Bank
1. Current
The interest rate on demand deposits is 0.2%.
2. Periodically
Lump sum deposit: 1.15% interest rate for 3 months; The six-month interest rate is 1.35%; The interest rate for one year is 1.55%; The interest rate for two years is 1.65%; The interest rate is 1.95% for three years; The interest rate is 2.0% for five years.
Lump sum deposit, lump sum deposit, principal deposit and interest: the interest rate for one year is 1.15%; The interest rate is 1.35% for three years; The five-year interest rate is 1.35%.
3. Set up two pennies
A 6% discount will be given to the interest rate of the same grade for regular deposits within one year.
4. Call deposit
The interest rate on one-day call deposits is 0.26%; The seven-day call deposit rate is 1.05%.
4. Guangzhou Rural Commercial Bank
(1) Flexi
The interest rate on demand deposits is 0.2%.
(2) Periodically
Lump sum deposit: 1.30% interest rate for 3 months; The six-month interest rate is 1.55%; The interest rate for one year is 1.75%; The interest rate for two years is 1.85%; The interest rate is 2.0% for three years; The interest rate is 2.05% for five years.
Lump sum deposit, lump sum deposit, principal deposit and interest: the interest rate for one year is 1.2%; The interest rate is 1.35% for three years; The five-year interest rate is 1.35%.
(3) Fix two pennies
A 6% discount will be given to the interest rate of the same grade for regular deposits within one year.
(4) Call Deposit
The interest rate on one-day call deposits is 0.3%; The interest rate on a seven-day call deposit is 0.85%.
When depositors go to the rural commercial bank to make a deposit, there are the following tips:
1. Compare the interest rates of different banks
When depositors go to the bank to deposit money, they can compare the interest rates of different banks and try to choose a bank with a higher interest rate to deposit.
2. Compare the interest rates of different deposits
Generally speaking, the interest rate of different types of deposits is different, the interest rate of large certificates of deposit is higher than the interest rate of time deposits, and the interest rate of time deposits is higher than the interest rate of demand deposits.
3. Choose a reasonable deposit term
Large-amount certificates of deposit and fixed deposits have a certain term, although the longer the term, the higher the interest rate, but if the depositor withdraws in advance, the income will be calculated according to the demand deposit interest rate on the date of withdrawal, which will make the depositor lose a large amount of income, therefore, when depositing, the deposit period should be reasonably selected according to the time of its idle funds.
4. Rollover deposit method
The rollover deposit method is a savings technique that combines the two storage methods of principal and interest withdrawal and fractional deposit and withdrawal, and depositors can obtain higher interest than ordinary deposits through this method.
5. Alternate storage method
The alternate savings method refers to dividing the principal of the deposit into two half-year and one-year time deposits, respectively, and after the maturity of the half-year time deposit, the principal and interest are converted into a one-year time deposit, and set up as automatic rollover together with the one-year time deposit previously deposited.
The advantage of the alternate savings method is that you can get the interest rate on a one-year fixed deposit and at the same time get liquidity for a half-year period.
6. Quartile storage method
Divide the principal amount of the deposit into four tranches and deposit them into four fixed deposits. For example, if the principal amount is 200,000 yuan, it is split into 20,000 yuan, 40,000 yuan, 60,000 yuan and 80,000 yuan respectively as a one-year time deposit, and investors can get the expected interest income according to the one-year fixed interest rate after maturity.
If you need money urgently, you can choose to withdraw the time deposit with the closest deposit amount in advance, while the other three time deposits will not be affected.