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

webie

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Digital India zindabad.

This is for a day limit, next day again 25k.

What is limit for transferring money from Airtel 2 bank

I have not tried yet, but I don't think so there is a limit, but there are charges for transferring more than 1000 rs at a time.
 
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There's no limit but the charges are exorbitant.

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webie

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what is this shit airtel payment bank is already pulling. Even to transfer funds < 1000 , to any different bank, they are charging money. like 5rs or something. i wish a Paytm comes with their bank soon.
 

Sushubh

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i understood the need to charge for withdrawal at shops as they need to provide incentive to shopkeepers to deal with the headache. if they are charging for online transfers, then good luck to them. sadly, the issue is the name... payments bank. no matter what they claim, it is just a glorified digital wallet and not an alternative to a regular bank account.
 

mhsabir

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Well, the idea seems to be to push people to use the amount digitally, otherwise most people will simply park the funds for the 7.25% rate & then pull out & use elsewhere.
 


raj2007

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Is Virtual Debit card a default thing in Airtel Money?
I've got one in my airtel app without opening a/c in Airtel payment bank