Got Vaccinated? Now, Avail Special Offer On Fixed Deposit From This Bank

With an aim to motivate people to opt for Covid-19 vaccination, the Central Bank of India has launched a special deposit scheme known as Immune India Deposit Scheme which offers depositors an additional interest rate of 25 basis points (bps) above the applicable card rate for those who get the jab.

"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 limited period scheme offers a maturity of 1,111 days, and senior citizens are eligible for extra interest as applicable.

Eligibility: Covid-19 vaccinated only

Limited period offer

Avail 25bps extra on fixed deposit

Also senior citizens can avail 50 bps extra 

7 -14 days 2.75%

15 - 30 days 2.90%

31 - 45 days 2.90%

46 - 59 days 3.25%

60 - 90 days 3.25%

91 - 179 days 3.90%

180 - 270 days 4.25%

271 - 364 days 4.25%

1 yr to less than 2 yrs 4.90%

2 yr to less than 3 years 5.00%

3 yr to less than 5 years 5.10%

5 years & above up to 10 years 5.10%

Note: On FDs maturing in 7 days to 10 years, Central Bank of India offers interest rate starting from 2.75 per cent to 5.1 per cent.