This bank is offering higher interest on fixed deposit (FD) for getting vaccinated
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(Bloomberg)
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In order to encourage people to get Covid-19 jabs, the Central Bank of India has launched a special deposit scheme - Immune India Deposit Scheme - offering an additional interest rate of 25 basis points (bps) above the applicable card rate for those who get vaccinated.
Immune India Deposit Scheme has a maturity of 1,111 days, and is for a limited period. Senior citizens are eligible for extra interest as applicable.
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