Airtel Payments Bank opens over 1 lakh savings accounts in TN

Airtel Payments Bank opens over 1 lakh savings accounts in TN

Telecom major, Bharti Airtel operated, Airtel Payments Bank has opened over one lakh accounts in 100 villages across Tamil Nadu.

The villages through this initiative gain access to banking services and choice of making digital payments.

The telecom major said that till date the company has opened over one lakh savings accounts with the help of Airtel Payments Banks across Tamil Nadu.

The banking services are offered through network of over 16,000 neighbourhood Airtel stores.

The Airtel Payments Bank will not be charging its customers and merchant partners any fees for digital transactions.

The bank was the first to go live in India and has committed to invest Rs 3000 crore across the country, and is planning to build its merchant base of over five million.