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Banks are giving more interest on Fixed Deposit to those taking vaccine, know which banks have this offer

Banks offering higher interest on fixed deposit We are also taking small steps to increase the vaccination campaign, said a bank official. We are offering UCOVAXI-999 for a limited period till 30th September.



New Delhi, PTI. In order to increase the Kovid-19 vaccination, some government banks are offering higher interest rates on Fixed Deposit (FD) deposits, but this offer is for a limited period. UCO Bank said that it will offer 30 basis points or 0.30 percent higher interest rate on FDs of 999 days for applicants who have taken at least one dose of the Kovid vaccine.

 

A bank official said, “We are also taking small steps to increase the vaccination campaign. We are offering UCOVAXI-999 for a limited period till 30th September.’

It is to be known that the Central Bank of India also recently launched the Immune India Deposit Scheme with an additional interest rate of 25 basis points over the applicable card rate for immunizations. The bank said in a statement that the maturity of the new offer is 1,111 days. The Health Ministry on Monday said that the number of COVID-19 vaccine doses in the country has crossed 23.59 crore.

On the other hand, Prime Minister Narendra Modi has announced that for all the people above the age of 18, now the center will buy the vaccine and give it to the states free of cost. From June 21 i.e. Yoga Day, all the people above 18 will start getting free vaccination from the center. The PM said that do not spread confusion on the vaccine and do not play with people’s lives. The central government can spend 450 billion rupees in this financial year on the anti-corona vaccine. This amount will be about Rs 100 billion more than the amount announced in the budget.

The government is also going to take important steps to increase the scope of vaccine takers in private hospitals. Special non-transferable electronic debentures will be provided for the vaccine. Through this, any person will be able to buy a vaccine for someone else.

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