# China Minsheng Bank's latest deposit interest rate table 2020

China Minsheng Bank 2020 latest deposit rate. The deposit interest rate in 2020 is still in accordance with the interest rate standard issued by the central bank on October 24, 2015

Since October 24, 2015, the benchmark interest rates of loans and deposits of financial institutions have been lowered to further reduce the cost of social financing. Among them, the benchmark interest rate of one-year loans of financial institutions was reduced by 0.25 percentage point to 4.35%; the benchmark interest rate of one-year deposits was reduced by 0.25 percentage point to 1.5%; the benchmark interest rates of other grades of loans and deposits and the loan interest rate of financial institutions by the people's Bank of China were adjusted accordingly; the loan interest rate of personal housing provident fund remained unchanged.

The following is the latest bank deposit interest rate table of China Minsheng Bank in 2020 ():

Various deposits | interest rate |

Current deposit | zero point three zero |

Lump sum deposit and lump sum withdrawal time deposit | - |

three months | one point four three |

half a year | one point six nine |

a year | one point nine five |

Two years | two point seven three |

three years | three point five seven five |

five years | four |

Notes on deposit interest rate of China Minsheng Bank:

The above interest rate data is the benchmark interest rate, which is only for the reference of interest calculation, and the risk is borne by itself. Deposit interest rate refers to the interest rate of the money that the customer deposits into the bank account according to the agreed conditions, and the amount of interest is the same as the amount of loan, that is, the principal within a certain period of time. It can be divided into current interest rate and fixed interest rate, and annual / monthly / daily interest rate.

Comparison of the latest deposit rates of major domestic banks

Various deposits | interest rate |

Current deposit | zero point three zero |

Lump sum deposit and lump sum withdrawal time deposit | - |

three months | one point four three |

half a year | one point six nine |

a year | one point nine five |

Two years | two point seven three |

three years | three point five seven five |

five years | four |

[disclaimer] the publication of this article by finance managers for the purpose of transmitting more information does not mean that they agree with their views or confirm their descriptions. The content of this article is for reference only, and does not constitute an investment proposal. Investors operate on this basis at their own risk