Airtel Payments Bank (6% interest on deposits over 1 lakh)

raj2007

Chennai
Messages
2,501
Location
Chennai
ISP
AIRTEL
It was up yesterday around 11.30 pm but some UPI issues are still there. APB balance check not working in Axis app.
Can't add money through website.
 

webie

I got banned!
Messages
481
Location
NA
ISP
reliance
lol, I am sure now 811 and digibank are gonna come down too. Shows how much airtel is worth. Took them hardly a year to pull those interest rates down.
 

Navjot Singh

Toss a coin to your Witcher
Staff member
Messages
9,906
Location
Gurgaon
ISP
Airtel
DBS is not a payments bank. Also it doesn't have to deal with KYC issues. Let's hope it doesn't change its interest rate either.
 

Smh

Messages
2,296
Location
Delhi
ISP
Wired local
digibank support is really poor

but there are no surprise charges, just connect it with upi and you don't have to use their app
 


ijsa

Regular
Messages
2,306
Location
Delhi
ISP
Excitel
their rate of interest is weird...


Domestic Savings Account
Daily Balance Rate of Interest
Daily Balance up to Rs. 1 Lac 6%*
Daily Balance of above Rs. 1 Lac and upto 2 lacs 7%**
Daily Balance of above Rs. 2 lacs and upto 5 lacs 5%**
Daily Balance of above Rs. 5 lacs 4%**

*Balances upto 1 lac will get 6% interest rates
**Any balances over and above 1 lac & upto 2 lacs will get 7% on the incremental amount, 2 lacs & upto 5 lacs will get 5% on the incremental amount & 4% on the remaining balances.
 

Navjot Singh

Toss a coin to your Witcher
Staff member
Messages
9,906
Location
Gurgaon
ISP
Airtel
RBI slaps rupees five crore penalty on Airtel Payments Bank

The Reserve Bank of India has imposed a penalty of Rs 5 crore on Airtel Payments Bank for violating operating guidelines and Know Your Customer (KYC) norms. The fine was imposed after RBI scrutinised the bank’s documents relating to opening of accounts without any specific or clear consent from the customers.
 

igloo

Not just Internet.
Messages
3,854
Location
New Delhi
ISP
Exictel Fiber+ Airtel xstream
their rate of interest is weird...


Domestic Savings Account
Daily Balance Rate of Interest
Daily Balance up to Rs. 1 Lac 6%*
Daily Balance of above Rs. 1 Lac and upto 2 lacs 7%**
Daily Balance of above Rs. 2 lacs and upto 5 lacs 5%**
Daily Balance of above Rs. 5 lacs 4%**

*Balances upto 1 lac will get 6% interest rates
**Any balances over and above 1 lac & upto 2 lacs will get 7% on the incremental amount, 2 lacs & upto 5 lacs will get 5% on the incremental amount & 4% on the remaining balances.

DBS changed rate recently. previously it was
uptil 1 lac - 7%
above 1 lac til 10lac - 6%