Now A Days All The Network Provider and Private Wallet Companies open there Online Such as Paytm Payments Bank and Airtel Payments Bank.
Just like These Airtel Is also Started His Bank as a name Of Airtel Payments Bank. You can Start Airtel Payments Bank in Any Airtel Store near to your Location, By Completing the
E-KYC Process. It takes only 5 minutes and Your Account is Open.
The Thing I don’t like is that if you add more than ₹50 in your account first time than ₹50 will be added as a parmanent for Minimum average balance but in Advertisement and Social Media They show us That the Account is open in ZERO BALANCE & There is no Minimum Average Balance you will need to operate the Account.
These Airtel Bank is Not Providing You Cheque Book and Other Thing that Physical Bank are giving Us. No internet Banking Facility, There is No Debit card or Credit Card Facility. The Debit card Number are there in the App is only as a Online Card which, No physical Card You will get in Your Address.
There is Nothing like Bank you will get in Airtel Payments Bank as there is no Service you will get just Like the Bank can provide us.
The Only thing you can do is that you can transfer Money from Airtel Payments Bank To other Banks But it may Take Service Charge Than what is good in These. If they Take Service Charge of Transfering Money These can be done by the Private Wallet Companies to, To transfer Money.
No use of it Just waste.
Don’t Open Account in Airtel Payments Bank.