Airtel Payment banks, India’s primary payment bank service has obtained a massive replay from its opening launch. At first, this attractive service were established only in a single state such as Rajasthan, since after getting 1 Lakh consumer within two weeks, then the telecom network enlarged services to the Karnataka, Andhra Pradesh, and Telangana. Are you eager to known what are the advantages of opening an account in the airtel bank account then you come to the right place? The only thing you need to do is just go through the following remaining things to find specific knowledge regarding its merits. Why is consumer going cracked concerning this incredible service? Fine, this is not simply a digital wallet service like Mobikwik & paytm, however, has large extra highlighting features aside from just paying to merchants. Now, let us have a look at the major benefits of Airtel Payment bank while compared to some other digital wallet app services like Oxigen, Paytm and Mobikwik
- Banking Points for Cash Deposits/Withdrawals
To motivate folks to deposit cash in the Airtel Payment banks, the Airtel has declare a new incredible offer where the corporations are providing one minute of Airtel –to-Airtel free talk time on their number for each and every one rupee the user deposits/withdraws from their user account.
- An Interest Rate of 7.25%
The next benefits of Airtel is providing an interest rate of amount 7.25% for every individuals those who open their account in their payments bank, that is a cool features which is absent from some other wallet apps.
- Transaction maximum of 1 Lakh
Along with the Airtel Payment Bank account, all customer can easily transact a maximum amount of 1 lakh per month and whereas some other payment apps permits up to only Rs. 20, 00.
- Get Free Talktime services
Since discussed already, Airtel is providing one minutes of Airtel to Airtel free talk time for all one rupee of cash deposit/withdraw by the user from their account.
- Obtain Accidental Insurance of 1 Lakh
The other enormous advantages in obtaining an Airtel Payment Bank account is it provide an accidental insurance of rupees one lack where some other apps fails to give.
- Operates on All Handsets
Airtel payment banks work together along with all handset irrespective of an android edition otherwise some other problems. When Paytm functions on all handset, Oxigen and Mobikwik does not operate on few devices as they have few compatibility regarding problems.
- OTP Based Secure Transactions
Every transaction made throughout Airtel Payment banks needs an extra two-step confirmation. In fact, some other apps have support for this 2 step confirmation however they will also ask choose for just the primary time. Furthermore, Airtel Payment bank eye catching service is presently accessible in only restricted states, however along with the great response, now Airtel is enlarging their service to some other major states.
Hence, these are the top seven advantages of opening an Airtel payment bank account. With aid of these highlighting features of Airtel payment banks stand outs unique from some other services.