1. Airtel Payments Bank gives 7,25 % interest rate on savings.
Bharti Airtel Payment bank givess 7.25 % interest rate on its account. account opening procedure is to simpe with airtel mobile number. It also offers Free personal accident insurance cover of Rs. 1 Lac. Using this account customer can Purchase, Recharge and Pay bills using onilne debit card. Account opening process is also simple. An Airtel user, with an Aadhaar card, PAN card and a smartphone with Internet connectivity can become a customer of Airtel’s Payments Bank and take advantage of high interest rate of 7.25% p.a by depositing a maximum of Rs.1 lakh
To Open an account , it takes approximately 3 minutes, you have to only only scan of your finger and with Aadhar number.
Users have to login www.airtel.in/money from their smart phone or from a computer. Account will be created at Airtel money website. Those who are already member of Airtel money, uses the wallet for making the transaction for purchase online transactions etc, will need only to update their app to use the payments bank facility.
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