What is Airtel Payment Bank

By | January 18, 2017

Airtel Payment Bank offers Online Internet banking facility via internet on desktop, laptop,mobile android etc, you can do online airtel bill payments also , it provides 7.25% interest rate on airtel saving accounts.
It is mainly for remote areas of India where physical bank branches are not available easily. It is for promoting cashless transaction India. It will charge 0.65% for cash withdrawals.

Airtel Payment Bank

Shashi Arora, is MD & CEO at Airtel Payments Bank . There are no extra charges for USSD transactions or to check balance and depositing money into your airtel bank account. The only charge there is, is when a customer makes a physical cash withdrawal. For this, we will charge them 0.65 per cent.You can keep maximum 1 Lac rupees in your account and Bank will provide ATM or Debit card for shopping etc it will not provide credit card.

Airtel Bank is offering free talk time of equal amount you deposit in your Airtel Payment Bank.It is providing highest interest rate on your deposit money if we compare with other banks.
It is also providing personal accident isurance cover worth Rs. 1 Lac to each account holder.

You can Shop, Recharge and Pay Bills with your Online Debit Card.

You can manage your bank on web and mobile app both . For web Go on this link .  and for app go here AIRTEL PAYMENT BANK APP

So Get open your Airtel Bank account Now and enjoy many benefits.