Airtel Payments Bank Limited is a paperless approach. It was the primary organization in India to get a payment bank permit from the RBI. The permit was gotten on April 11, 2016. Airtel Payments Bank Limited will use the appropriation system of Bharti Airtel spread crosswise over 1.5 million outlets, with network spreading crosswise over 87% of the nation, covering more than 400,000 villages and 5,000 registration towns. Anyone who is an Airtel client, having an Aadhaar card, PAN card and a cell phone with Internet availability can turn into an individual from Airtel’s Payments Bank and procure an interest of 7.25% p.a by keeping a maximum of Rs.1 lakh.
The bank’s capital at its foundation was Rs. 3,000 crore ($441 million). Airtel Payments Bank detailed stores of Rs 68.33 crore toward the finish of the monetary year finished 31st March 2017, which was its first year of operation.
To check your Airtel money balance on your mobile phone
When you make a payment, there is no real way to turn around it so it is very necessary to pay attention while entering destination mobile number (trader or client) while starting a transaction. Your exchange history, adjust and so on can be checked through airtel money application by dialing *400# or by checking in your sim.
- Dial *400# (toll free number) from your registered mobile number
- Then select option 7 (My account)
- Presently select 1 (to check balance) or 2 (for mini statement)
- Your current Airtel money account balance will be appeared on the screen
- For mini statement select Statement by SMS to get the mini statement to your inbox.
The service is free of cost and you can likewise download the Airtel money application for utilizing quick facilities and subsequent to having that application, you won’t need to recollect the required catchphrases and distinctive numbers to think about the different data of your bank balance. Continuously monitor your transactions by getting to this utility.