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Questing how to open Airtel Payments Bank Account from the comfort of your home? Look no further, as I am here to help you out.
In this article, I will tell you all about the Airtel payments bank account, the documentation required for opening this account, how to open it online/offline, and why you need to open this account.
You will also be informed about what additional fees apply and how to finish this account's complete KYC.
Additionally, if you want to know about Airtel Payment Bank Balance Check Number, do read our article on the same.
Table of Contents
The first payment bank in India is Airtel Payments Bank. In 2017, Bharti Airtel introduced it. It's a digital bank that offers its users banking services like bill payment, money transfers, savings and current accounts, and mobile recharging.
You can find a unique solution at Airtel Payments Bank for any issue you may have experienced with India's conventional banking system. Banking used to be a hassle in our nation, with long lines, tedious formalities, and documentation that just made people scowl. But not any more. All of that is intended to be resolved by Airtel Payments Bank, which was established with the goal of facilitating everyone's access to online banking.
These days, keeping a regular savings bank account is very wise and important. It fosters a positive financial habit by allowing us to set aside a portion of our monthly income for future use. Over the last few years, technology has advanced quickly, and the banking industry hasn't lagged behind either. Now is the perfect moment to learn that a digital savings bank account is the newest and greatest thing, if you weren't aware of it before.
You can go through these simple step-by-step guides to learn how to open Airtel Payments Bank Account.
Firstly, download the Airtel Thanks App on your phone, which can be downloaded on both Apple and Android devices.
After installation, open the app and tap on the Pay Tab available at the bottom of the screen.
Next, scroll down and visit the payment settings of the app.
While you click on the payment setting option, a new page will appear where you can view all the Airtel Payment Bank Settings. A link button will also be given right next to it.
A new screen will open once you tap on the Link button.
Here, you have to enter all the required personal details like name, ID proof, phone number, and more before finally creating your Airtel payment bank account.
Your bank account for Airtel payments will be opened in no time if you carefully fill out all of these details!
You can also open your bank account offline if you don't feel comfortable using the Airtel Thanks app. You must go to the closest Airtel banking location to accomplish this. But don't forget to bring your ID and any other paperwork that may be needed in order to open a bank account.
Looking for the documents required to open Airtel Payments Bank Account? Don’t worry! Scroll down to learn about all the needed documentation.
Aadhar Card
Pan Card
Aadhar Registered Mobile Number
Email ID
Signature
Live Photo
The following are a few of Airtel Payments Bank's primary services:
Savings Account: This type of account is simple and lets users store money securely.
Current Account: Customers can utilise a current account for their regular transactions.
Money Transfer: Through Airtel Payments Bank, users can transfer money to any other bank account.
Bill Payments: Through Airtel Payments Bank, customers can pay their phone, electricity, and water bills.
Mobile Recharge: Via Airtel Payments Bank, users can recharge their DTH and mobile phones.
Opening an Airtel Payments account has several advantages:
Managing your Airtel Payments bank offline is very simple, and it's also possible to do it online. Airtel Payments Bank is highly accessible and convenient, with over 5 lakh banking locations nationwide.
Here, you can also receive a complimentary personal accident insurance policy, up to ₹1 lakh in coverage.
You have the greatest amount of financial flexibility because there are no minimum balance restrictions.
You can get a virtual debit card by opening an Airtel Payments Bank digital savings bank account.
You will also receive numerous discounts, cashback offers, and much more in addition to all of these.
With the help of Empays and Airtel, over 20,000 ATMs in India that support IMT can now be used for cash withdrawals by account holders via Instant Money Transfer. According to Airtel, you can send money to a designated recipient so they can withdraw cash from an ATM or use cardless cash technology for self-withdrawals. Account holders can use the MyAirtel app and USSD to access the IMT service.
Here’s what an Airtel Payments Bank account holder can do to generate cash withdrawals via a USSD.
Visit any IMT-enabled ATM and dial 4002# from your registered Airtel Mobile Number.
After that, Select 1 “Cardless Cashless Withdrawl” followed by “ATM Self-Withdrawl”
Next, enter the IMT amount and then mPIN
Your cash will be dispensed from the ATM.
If you want to know how to withdraw cash from Airtel Payments Bank Account through My Airtel App, follow the steps given below.
Enter the mobile number in the IMT-enabled ATM
After that, enter the sender code you will receive via SMS to generate cash
Choose option 1 for "ATM self-withdrawal" after entering the one-time password
Cash will then be handed in after entering the IMT amount.
If you have any queries regarding your Airtel Payments Bank Account, you can directly get in touch with the Airtel Payments Bank Account Customer Care. They will provide you with instant solutions to all your queries. To contact customer care service, airtel users can dial 400, and other operators can reach out to 8800688006, where Standard calling rates will be applied. Additionally, if you want to contact them through e-mail then you can get in touch with them at wecare@airtelbank.com.
I hope after going thoroughly through this article, you have gained all the important details regarding How to Open Airtel Payments Bank Account. You should open a savings account with Airtel Payments Bank because of its many advantages. When utilising the mobile wallet included in the Airtel Thanks app, you also get the advantage of instant transactions. The Airtel Thanks app also allows you to pay your monthly bills. Paying electricity bills and other utility bills, as well as prepaid or postpaid mobile recharges, can all be done with ease using Airtel Thanks. Open an Airtel bank account right now by downloading the app.
Q. How to Open Airtel Payments Bank Account?
A. You must present your PAN and Aadhaar as a POI and POA in order to open a savings bank account with Airtel Payments Bank. The Bank will validate your KYC information and finish the account opening process using your PAN and Aadhar.
Q. How much money is required to open an Airtel payment bank account?
A. The minimum amount for the first cash deposit is zero. A fee of Rs. 100 will be charged under the heading "Account Facilitation Charge" to facilitate the opening of a savings bank account.
Q. Can I open a zero balance account in Airtel payment bank?
A. Yes, you can now open a zero-balance account with Airtel Payments Bank through the Airtel Thanks App and manage your money conveniently and safely. Now, you no longer have to worry about lengthy lines at the bank or a ton of paperwork.