Airtel payments bank service, 7.25% interest on deposits, beats Paytm to it
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The ‘=’ sign denotes ‘Equality’. A bank that gives equal access to everyone.
Airtel has launched India’s first live payments bank on Wednesday, which would provide an interest of 7.25% per annum on deposits.
It informs that account can be opened with Aadhaar based paperless e-KYC, with no extra documents required and customer’s Airtel mobile number would be his/her bank account number. The company intends to give an interest rate of 7.25% per annum on deposits in savings accounts.
