Airtel Payment Bank

Airtel Payments Bank Limited is a public limited company Airtel Payment Bank is the first entity to get the final license from Reserve Bank of India, for launching a Payment Bank. Airtel Payment Bank Ltd will leverage the distribution network of Bharti Airtel spread across 1.5 million outlets, with network presence spreading across 87% of the country covering more than 400,000 villagers & around 5,000 census town. With the Banking, they are going to make financial inclusion with a reality for every Indian, by enabling them to do banking on their own terms & enjoy products that are intuitive, easy to use and more accessible.. Airtel Payments Bank announced interest rate of 7.25 percent on deposits, free money transfer from Airtel to Airtel numbers within Airtel Bank, money transfer to any bank account in India. People can open their account using Aadhar based e-Know Your customer service without need for submitting any paper documents. For Airtel customers, account number will same as their mobile number.