Airtel Payments Bank offers 6% per annum interest on deposits of over ₹1 lakh
Premium
(REUTERS)
. Updated: 03 May 2021, 04:40 PM IST PTI
The move follows Airtel Payments Bank becoming the first payments bank to implement an enhanced day-end savings limit of ₹2 lakh
Share Via
Read Full Story
New Delhi: Airtel Payments Bank on Monday announced its customers will get an increased interest rate of 6 per cent per annum on savings account deposit of over ₹1 lakh.
The move follows Airtel Payments Bank becoming the first payments bank to implement an enhanced day-end savings limit of ₹2 lakh, as per the Reserve Bank of India (RBI) guidelines, the company said in a statement.