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Central Bank of India launches special deposit scheme to boost COVID-19 vaccination drive

13 Apr 2021 Evaluate

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.

Peers
Company Name CMP
State Bank Of India 939.90
PNB 116.15
Bank Of Baroda 235.50
Canara Bank 118.10
Union Bank Of India 172.60
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