Airtel Bank offers 6% interest rate for deposits over ₹1 lakh

Airtel Bank offers 6% interest rate for deposits over ₹1 lakh
May 03, 2021
Airtel Payments Bank has over 55 million engaged users across its operations
Airtel Payments Bank on Monday said that its customers will get an increased interest rate of six per cent per annum on savings account deposits of over ₹1 lakh.
While the interest rate for deposits over ₹1 lakh to 2 lakh is six per cent, deposits up to ₹1 lakh is 2.5 per cent per annum (effective May 1), the company said in a statement.
This follows Airtel Payments Bank becoming the first payments bank to implement the enhanced day-end savings limit of ₹2 lakh as per the Reserve Bank of India (RBI) guidelines, it said.

Related Keywords

India ,Anubrata Biswas ,Airtel Payments Bank ,Airtel Payments Bank On ,Airtel ,Reserve Bank ,Managing Director ,Chief Executive Officer ,Airtel Thanks ,Airtel Safe Pay ,Payments Bank ,இந்தியா ,ஏர்டெல் கொடுப்பனவுகள் வங்கி ,ஏர்டெல் கொடுப்பனவுகள் வங்கி ஆன் ,ஏர்டெல் ,இருப்பு வங்கி ,நிர்வகித்தல் இயக்குனர் ,தலைமை நிர்வாகி அதிகாரி ,ஏர்டெல் நன்றி ,ஏர்டெல் பாதுகாப்பானது செலுத்த ,கொடுப்பனவுகள் வங்கி ,