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Airtel Customers Opening New Account in Airtel Payments Bank to Avail New Offers

To encourage customers, Airtel Payments Bank informed that it would provide talk-time offers to its new clients those who have new savings accounts. It will provide one minute of talk-time (within its network) for every rupee deposited by the customers.

This offer is applicable on first-time deposits only, Airtel said in a statement. Any customer who can open new savings accounts with Airtel Payments Bank get one minute of talk time on his/her Airtel Mobile for every rupee deposited.

Airtel Payments Bank Launches Pilot Services: First Bank to Pay 7.25% Interest on Deposits

Meanwhile, if a customer opens an account with a deposit of Rs 1000, then that person will get a talk time of Rs 1000 on his/her Airtel mobile number. The free talk time can be used for calling all over India, Airtel said in a statement.

Airtel Payments bank CEO Shashi Arora said, “We are leveraging Airtel’s telecom network to take banking services to the feet of every Indian. We are also undertaking a massive drive to register over one lakh merchants in Rajasthan by this year-end, who won’t be charged anything for accepting digital payments from Airtel Payments Bank customers.”

Know the Process to activate Unlimited Local Call Offer for Airtel to Airtel at Rs 148

Airtel believes this enhancement will woo the digital payments system and reduce dependence on cash, he added. On November 23, Airtel Payments Bank had started banking services in Rajasthan, becoming first payments bank to go live in the country.

Airtel Payment bank comes at a time when the Government is making a determined push for a less-cash economy through demonetisation of high-value notes.

Airtel Payments Bank Launches Pilot Services: First Bank to Pay 7.25% Interest on Deposits

India’s first payment bank goes live. Airtel payments bank starts its pilot services in Rajasthan, here about 10,000 Airtel retail outlets are going to establish in towns and cities of Rajasthan and it will work as the banking points for the convenience of customers.

Airtel will have a network of over 1 lakh merchants across Rajasthan accepting digital payments from Airtel payments bank. This concept is introduced for the convenience of cashless purchase of goods and services using their bank accounts.

This Airtel payments Bank is the subsidiary of Bharti Airtel Limited. It has decided to start pilot services, at present in Rajasthan they are testing, if this plan is succeeded, they will launch throughout India.

Airtel bank is the digital and paperless bank. Here check out the information for How to Open Airtel Payments Bank

  • Digital Banking: It is Quick and paperless account opening using Aadhaar card. No documents are required and customer’s Aadhaar number is enough
  • Customer’s Airtel mobile number is bank account number
  • Interest rate  given for 7.25 % per annum on deposits in account of savings
  • Money can transfer to any bank account in India and they are offering free money transfer from Airtel to Airtel numbers by using Airtel Bank
  • They are also providing Personal Accidental Insurance of Rs. 1 Lakh for every Savings Account
  • Deposit and withdrawal is easy across the wide network of Airtel retail outlets
  • No debit or credit cards are provided with this bank account
  • Customers can access their money through airtel money app
  • Airtel payments company CEO Shashi Arora said “We fully committed to the government vision of financial inclusion and banking for all. The money app accesses These bank services by dialing *400#. All transaction charges are free from airtel to airtel.

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