Competition heats up among banks: How much is the monthly return on 1 million TL?

Competition among banks offers investors different net returns. While the highest interest rate stands out at 48 percent, the lowest rate remains at the 30 percent level. This difference has a direct impact on the earnings to be obtained at the end of a 32-day maturity period.

Akbank Interest Rate 42% Net Earnings 30,378 TL Maturity Amount 1,030,378 TL

Vakıf Katılım Profit Share 32.71% Net Earnings 23,659 TL Maturity Amount 1,023,659 TL

DenizBank Interest Rate 46% Net Earnings 33,271 TL Maturity Amount 1,033,271 TL

İş Bankası Interest Rate 40% Net Earnings 28,932 TL Maturity Amount 1,028,932 TL

Halkbank Interest Rate 38% Net Earnings 27,485 TL Maturity Amount 1,027,485 TL

Garanti BBVA Interest Rate 41% Net Earnings 29,655 TL Maturity Amount 1,029,655 TL

QNB Interest Rate 44% Net Earnings 31,825 TL Maturity Amount 1,031,825 TL

Odeabank Interest Rate 45% Net Earnings 32,548 TL Maturity Amount 1,032,548 TL

ING Interest Rate 46% Net Earnings 33,271 TL Maturity Amount 1,033,271 TL

Fibabanka Interest Rate 47% Net Earnings 33,995 TL Maturity Amount 1,033,995 TL

TEB Interest Rate 46% Net Earnings 33,271 TL Maturity Amount 1,033,271 TL

Alternatif Bank Interest Rate 47% Net Earnings 33,995 TL Maturity Amount 1,033,995 TL