Tuesday, October 22, 2019
News

Airtel Payments Bank launches 'Bharosa' savings account

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Wednesday, 2019 2:15:05 AM IST
Airtel Payments Bank here on Tuesday launched "Bharosa" savings account services, designed for deepening the financial inclusion in the country.

Along with convenient banking services, Bharosa savings account would offers Rs 5 lakh personal accident insurance on maintaining balance of Rs 500 along with one debit transaction per month.

Customers would also be eligible for cashback, if they decided to receive government subsidies in their Bharosa account or if they made cash deposits in it, the company said in a statement.

"The benefits of this product will be further amplified through a structured roadway for phased introduction of other features linked to formal banking. To begin with, it will be available at over a quarter million banking points. Bharosa aavings account customers can also withdraw cash, check their balance or access a mini statement of their account at over 6,50,000 AePS (Aadhaar-enabled payment system) enabled outlets across India," it said.

Airtel Payments Bank offers digital banking services through a network of 5,00,000 neighbourhood banking points spread across the the country.

--IANS rrb/pcj

( 183 Words)

2019-09-17-20:06:05 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Infosys CEO mocks 2 directors as 'Madras...
Franchisees to offer choice of suppliers...
Gold bonds open at Rs 3,835/gram on fest...
Higher seat quota for Gulf carriers on c...
Start-ups to get access to GeM portal fo...
BSNL partners YuppTV for video streaming...
More...
 
INDIA WORLD ASIA
Hyderabad: BJP workers protests followin...
India not a 'dumping market': Madhav at ...
Union Minister launches CCRT's e-portal...
SC to deliver order on Chidambaram's bai...
Editor of Bengali daily Bartamaan passes...
SC acquits man of rape charges as victim...
More...    
 
 Top Stories
Delhi: Auto driver held for cheatin... 
Jake Gyllenhaal rescues a dog from ... 
Trudeau set to lead Canada's next g... 
4.3 magnitude earthquake jolts Nico... 
Mumbai: 45-year-old woman dies afte... 
Four policemen killed in IS attack ... 
Hilary Duff struggles with son's ho... 
Noida: Robert Vadra admitted in hos...