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Got vaccine? Central Bank of India offers higher interest rate

(Representative image) MUMBAI: In a first, the Central Bank of India has said that it will offer depositors who vaccinate against Covid 25 basis points (100bps = 1 percentage points) higher return under a special scheme. The special rate is applicable for single dose as well. “In order to encourage vaccination under Covid, Central Bank of India, as a part of their social commitment to a healthy society, has brought out a special deposit product ‘Immune India Deposit Scheme’ for 1,111 days at an extra interest rate of 25bps above the applicable card rate for citizens who got vaccinated,” the bank said in a statement.

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Perks of COVID vaccination! THIS bank gives higher interest rates for getting vaccinated, check rates here

Central Bank of India has launched a special deposit scheme offering an additional interest rate for those who get vaccinated for COVID.

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Central Bank of India has launched a special deposit scheme wherein it will offer higher interest rate to depositors who have received Covid-19 jabs. The state-run bank said that objective is to encourage people to get vaccine.

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Central Bank Of India Offers Extra Interest Rate On FD For Senior Citizens Who Take Covid-19 Vaccine

Central Bank Of India Offers Extra Interest Rate On FD For Senior Citizens Who Take Covid-19 Vaccine
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Earn higher interest on FD for getting vaccinated

Earn higher interest on FD for getting vaccinated SECTIONS Share Synopsis Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens who got vaccinated. Senior citizens to get an additional 25 bps. Getty Images Here s a chance to earn some extra interest income on your bank fixed deposit if you have got yourself vaccinated at a time when have been secularly moving southward. Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens who got vaccinated. Senior citizens to get an additional 25 bps.

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