{"id":7553,"date":"2017-01-12T09:59:20","date_gmt":"2017-01-12T04:29:20","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7553"},"modified":"2018-05-14T15:11:51","modified_gmt":"2018-05-14T09:41:51","slug":"airtel-bank-review","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/airtel-bank-review\/","title":{"rendered":"Airtel Payment Bank launched \u2013 Offers 5.5% Interest on Saving Account"},"content":{"rendered":"

Bharti Airtel would launch India\u2019s first Payment Bank<\/strong> on January 12. RBI had granted payment bank licence to 11 entities<\/a> in August 2015 \u2013 Airtel became the first to launch its payment bank followed by PayTm which would launch its payment bank on January 15. We tell you everything you need\u00a0to know and if you should open an account with them.<\/p>\n

Airtel Payments Bank had launched a pilot in November in Rajasthan followed by Andhra Pradesh and Telangana in December.<\/p>\n

Airtel Bank \u2013 What\u2019s on Offer?<\/h2>\n

Airtel Bank is offering following to its account holders:<\/p>\n

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  1. 5.5% interest on its bank account<\/strong>\u00a0(paid quaterly) \u2013 which is higher than any savings bank account<\/li>\n
  2. Free personal accident insurance of Rs 1 lac<\/strong><\/li>\n
  3. Equivalent talk time minutes for every rupee you deposit<\/strong> (this is for the first deposit only with validity of 1 month<\/em>)<\/li>\n<\/ol>\n

    Also Read:\u00a0<\/strong>Which bank offers highest interest rate on savings account in India?<\/a><\/p><\/blockquote>\n

    How to Open Airtel Bank Account?<\/h2>\n

    The Airtel account can be opened by visiting any of the designated Airtel retail outlets nearby. The account opening is totally digital and just need your Aadhaar number. The outlet would e-verify your Aadhaar number to complete your KYC and the account is opened in just few minutes.<\/p>\n