three 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.
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.