Page 4 - Airtel Payments Bank

Airtel Payments Bank opens 150,000 savings accounts in Odisha

Airtel Payments Bank said it has opened more than 150,000 savings accounts in Odisha since its launch. Around a third of such accounts have been opened in the rural areas, contributing to the cause of financial inclusion in the state.Airtel Payments Bank, a fully digital and paperless bank, aims to take basic banking services to the doorstep of every Indian by leveraging Airtel's vast retail network. In Odisha, over 15,000 neighborhood Airtel retail stores also function as banking points, and customers can open savings accounts, deposit and withdraw cash across any of these banking points. Majority of these retail points are concentrated in the rural areas.Shashi Arora, managing director & chief executive officer of Airtel Payments Bank said, "Airtel Payments Bank has received overwhelming response from customers in Odisha. We believe, Airtel Payments Bank's differentiated banking model will play an important role in taking banking services to the last mile and benefit lakhs of ..

Airtel Payments Bank to sell insurance, MF products

APB had already opened 2.5 lakh banking points across the country

Airtel Payments Bank opens over 100,000 savings accounts in UP in 2 weeks

Official says, about 60% of these accounts have been opened in rural areas

Airtel Payments Bank to charge 0.65% cash withdrawal fee

The bank is offering interest rate of 7.25 per cent per annum on savings accounts

Here's how to open an Airtel Payments Bank account

Airtel has become the first to launch payments bank services in India by starting a pilot in Rajasthan