ICICI, HDFC, and few more Banks to bear Covid vaccine cost for employees
ICICI Bank announced that it will provide COVID-19 vaccination for its employees and their immediate family members free of cost. The Bank will reimburse the cost of the two mandated vaccine shots for its employees and their dependent family members, said in a press release.
T K Srirang, Group Chief Human Resources Officer, ICICI Bank recognising the efforts of its employees during the ongoing pandemic, said the bank has undertaken this initiative to safeguard each one of its employees and their family members against the COVID-19 pandemic.
HDFC Bank said that it will bear the cost of vaccination of over 1 lakh employees and their immediate family members against coronavirus. HDFC Bank, which is India’s largest private bank in terms of m-cap, said it will reimburse vaccination costs for the two mandated doses.
Vinay Razdan, Group Head – HR, said HDFC Bank employees have shown exemplary perseverance, professionalism and dedication to serve millions of customers amid Covid-times. “Covering the cost of vaccination for our employees and their dependent family members is a small gesture from the organisation to express our gratitude,” he said.
Two government-owned, State Bank of India (SBI) and Canara Bank will also reimburse Rs 250 per dose per head employees who are above 45 with co-morbidities and their dependents for the cost of coronavirus vaccine.
On the other hand, city-based United India General Insurance Company Ltd. will reimburse the vaccination cost incurred by its employees who are above 45 years of age and suffering from co-morbidities.
In its circular, United India has also pointed out that at government hospitals, the vaccination is done free of cost and urged the employees to get their vaccination there.
However, SBI and Canara Bank did not urge its employees to look at the government hospitals for vaccination.