Over 10,000 customers have savings accounts with the Payments bank within two days of its pilot project ’s launch in Rajasthan . Mostly opened by customers in semi - urban and rural regions , the bank said that its presence highlights the potential for such services in these areas . Interest rates of 7.25 % per month apply for savings accounts deposits , with the bank soon to offer facilities to deposit and withdraw cash .
Over 10,000 customers have opened accounts with Airtel Payments bank within two days of its pilot project’s launch in Rajasthan. Mostly opened by customers in semi-urban and rural regions, the bank said that its uptake highlights the potential for such services in these areas. Interest rates of 7.25% per year apply for savings accounts deposits, with the bank soon to offer facilities to deposit and withdraw cash.