Connect with us

Business

Get Covid-19 vaccine, get more interest on FDs

Published

on

Get Covid-19 vaccine, get more interest on FDs
0 0
Read Time:1 Minute, 14 Second

Indian Government and government institutes do everything to inspire people to take Covid-19 vaccine. For this, the Central bank of India has launched a new scheme to inspire people to get vaccinated. The Central bank of India has announced that if anyone has been vaccinated then the bank will pay quarter percent more internet on their FDs.

The Central Bank of India said that any person who gets vaccinated gets 0.25% extra interest on FDs. If any senior citizen gets the Vaccination then bank will give 0.25% extra means Bank will give 0.50% extra interest to senior citizen.

The Bank has come with “Immune India Deposit Scheme”. This scheme is for 1111 days i.e. FD of more than 3 years. Central Bank of India give this information through the Twitter and write 

“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.” This is a limited time offer.

The main purpose of this Scheme is only to inspire people for vaccination. Bank also said to quickly vaccinate yourself and take advantage of this scheme.

Basically, banks pay 5.10% interest on 3 year to 5 year FDs. If anyone gets a vaccine then the bank will pay 5.35% interest. 

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Continue Reading
Click to comment

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *