Bharti Airtel’s subsidiary -- Airtel Payments Bank is planning to offer an increased interest rate of 6 per cent per annum on savings account deposit of over Rs 1 lakh. The move follows Airtel Payments Bank becoming the first payments bank to implement an enhanced day-end savings limit of Rs 2 lakh. Airtel Payments Bank has over 5.5 crore engaged users across its operations. The interest rate is at 2.5 per cent per annum for a deposit up to Rs 1 lakh.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.