Skip to main content

MoneyWorks4Me

Bharti Airtel’s arm to offer increased interest rate of 6% on deposits of over Rs 1 lakh

04 May 2021 Evaluate

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.

Peers
Company Name CMP
Bharti Airtel 1970.00
Jio Platforms 1431.20
Vodafone Idea 11.82
Indus Towers 378.15
Tata Communications 1676.00
View more..