how to get airtel payment bank franchise

Follow these steps to open Airtel Payment Bank account:

• First of all install the “Airtel Thanks” app from the play store
• Open the app and enter your mobile number and tap on Send OTP
• Enter the OTP received in your mobile number and then select your language
• After opening the app, go to the bottom bar and click on the “Bank” section
• Now a form will open which you will have to fill

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How can I open Airtel payment bank?

Open your digital savings account in 3 simple stepsApply for account opening via Airtel Thanks App. Click on 'Video KYC' icon or banner available in the App.Add your details. We would love to know you better. ... 1 minute video verification. ... Your account is ready!

How can I become a Airtel dealer?

How to register yourself as a new supplierRead the 'How to register' contents.Read and accept the Business Code of Conduct Guidelines.Fill in all the details on the one time registration form on the website. ... Fill in the financial details along with attachments which is mandatory.More items...

How much can I store in Airtel payment bank?

The maximum amount of cash that you can deposit at an Airtel deposit bank: ₹1,00,000. Maximum money you can add using the same debit card per day: ₹25,000. The maximum amount of cash you can withdraw via a transaction: ₹25,000.

What is Airtel Payment bank merchant?

Merchants. Airtel Payments Bank lets you shop at lacs of online and offline merchants using My Airtel app or other BHIM UPI enabled apps.

How Much Is commission for Airtel money?

Deposit commission range from 30 shillings when a customer deposits Ksh. 500 to 1,500, and Ksh. 990 for deposits between Ksh. 300,001 and Kh.

How do I get an agent SIM?

RequirementsPACRA Certificate.VAT/TPIN- ZRA.Trading license- Council.Copy of ID.2 Passport size photos.Minimum capital amount of ZMW 5000.2 Copies of Mobile Money agency contracts.1 filled in KYC form (MTN)More items...

Is Airtel Payments Bank profitable?

It turned profitable in the quarter ended September 2021 and has achieved an annual revenue run rate of Rs 1,000 crores. In December 2021, money deposited with Airtel Payments Bank surged 75 per cent to Rs 1,000 crore as compared to 2020. Total share capital infused till date is Rs 2,348 crores as per financials.

Is Airtel Payment Bank free?

It even offers personal accident insurance to its customers, that provides insurance money up to ₹1 Lac, absolutely free of cost. Airtel Payments Bank also does not have any minimum balance requirement. Therefore, how you handle your funds is completely up to you.

What is minimum KYC in Airtel payment bank?

The monthly spend limit for your minimum KYC Airtel Money Wallet is ₹9,000 and that of the Full KYC wallet is ₹1,00,000 .

How can I contact Airtel merchant?

CONTACT INFORMATION Call Center: For airtel Customers: 400; For Other operators: 8800688006 (Standard calling rates apply). For availing Door Step Banking services, the senior citizens and differently abled persons can contact our call center.

Which payment bank is best?

The Payment Banks can accept deposits up to Rs 1 Lakh. Such banks can't issue credit cards, and the NRIs can't open an account with the Payment Banks....Top 8 Payment Banks in IndiaAditya Birla Payments Bank. ... Airtel Payments Bank. ... India Post Payments Bank. ... FINO Payments Bank. ... NSDL Payments Bank. ... Paytm Payments Bank.More items...

Which is better Airtel payment bank or Paytm payment bank?

For online transfers within the bank Airtel payments bank doesn't charge anything otherwise it charges 0.5% of the transferred amount. For every online transaction Paytm payments bank is not charging anything, all fund transfer services like IMPS, NEFT and UPI online transactions are free of cost.

How can I register Airtel superhero?

Follow these few simple steps and become a Superhero in no time!Download the Airtel Thanks App on your smartphone. ... After installation, open Airtel Thanks on your smartphone and click on the 'Earn 4% section'.Carefully read through the 'Enroll as Superhero' page that contains all the instructions.More items...•

How can I register Airtel?

0:000:47How to register for Airtel Money! - YouTubeYouTubeStart of suggested clipEnd of suggested clipHow to register for Airtel. Money welcome to Airtel money it's really simple as one two three beginMoreHow to register for Airtel. Money welcome to Airtel money it's really simple as one two three begin by opening an account by dialing star for double zero hash enter your name and date of birth.

How can I get Airtel merchant code?

Effective today, regular Airtel Money customers and business owners across the country, using their existing SIM Cards, will be able to separate their business finances from their personal airtel money wallet by using the USSD Code *185*10*10# to create a Unique Merchant Till Numbers.

How do I register for Airtel thanks app?

Here's how to do it:Download Airtel Thanks App on your Android smartphone.Open the app and switch to the 'Pay' tab on the app.You will see a section that says, 'Open an Airtel money wallet', click on that section.Now you will be required to fill in a few details for yourself.More items...•

What is Airtel Payment Bank?

Airtel Payment Bank is a Digital Indian bank where anyone can open paperless savings account in just a few minutes. The bank account can be operated from mobile & user deposit their money up to Rs. 1 lakh in a bank account.

How to send OTP to Airtel?

First of all install the “Airtel Thanks” app from the play store. Open the app and enter your mobile number and tap on Send OTP. Enter the OTP received in your mobile number and then select your language. After opening the app, go to the bottom bar and click on the “Bank” section. Now a form will open which you will have to fill.

Can a guardian open an account on behalf of a minor?

In the case of minors, a guardian can open an account on behalf of a minor

Does Airtel use IMPS?

For doing an instant transfer of money, Airtel Payments Bank is using IMPS platform and charges are levied as per the RBI rules for using their IMPS facility.

Is there a cap on Airtel payments?

However, there is no capping or additional charges levied for making transactions between Airtel’s Payments Bank. It’s free. For doing an instant transfer of money, Airtel Payments Bank is using IMPS platform and charges are levied as per the RBI rules for using their IMPS facility.

When will payment banks be considered scheduled banks?

Payments Banks will be considered as scheduled banks once they are fully operational, and if found suitable under the section 42 (6) (a) of the Reserve Bank of India Act, 1934.

Does Airtel give interest?

Make sure you are adding money to the payments bank to earn interest. Adding money in ‘My Airtel’s’ account will not give you any interest because it is a wallet. You need to further validate your payments bank section in the app using your Aadhaar number, PAN card and nominee name before you add money and earn interest over it.

Is Financial Express on Telegram?

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

How to open an Airtel payment bank account?

Opening an Airtel Payment Bank Account is easy; you just need your Aadhaar Card and PAN card and will have to fill out a couple of details on the app. For that, just go to the nearest Apple Authorised Store and present all the details to the Customer service executive.

Is Airtel a cellular network?

Airtel is a dominant cellular network in India; they have their hands on everything digital, from a cellphone, broadband, dish tv, OTT platform and Payment bank. However, getting yourself registered on the Airtel Payment Bank is a relatively easy process and can be done in no time. We will show the quickest way to get it done in this How to Open Airtel Payment Bank Account article.

Is Airtel Money a wallet?

Airtel Money is a wallet service. However, Airtel Payment Bank will be a complete banking service in which you’ll open a zero-balance saving account and get interest rates.