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. The new product -- Immune India Deposit Scheme -- has a maturity of 1,111 days.
The Bank 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.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.