Get vaccinated for higher interest rates on FD under 'Immune India Deposit Scheme'

The '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.

State-run Central Bank of India has launched a special deposit scheme offering an additional interest rate of 25 basis points above the applicable card rate for those who get vaccinated to encourage people to get COVID-19 jabs.

This new scheme is called the 'Immune India Deposit Scheme' which has a maturity of 1,111 days and is for a limited period. Senior citizens are eligible for extra interest as applicable.

"To encourage Vaccination under COVID 19, Central Bank of India launches Special Deposit Product "Immune India Deposit Scheme" for 1111 days at an attractive extra Interest rate of 25 basis points above the applicable card rate for Citizens who got Vaccinated," the bank said in a tweet.

The lender has requested citizens to vaccinate against the virus and avail its attractive offer which is for a limited period. Senior citizens are eligible for extra interest as applicable, it added.