Airtel Payments Bank

Payments Bank Sector

“Bank from Your Phone”

Airtel Payments Bank, launched in January 2017 and headquartered in New Delhi, is a subsidiary of Bharti Airtel, one of India's largest telecom operators. As a payments bank, Airtel Payments Bank leverages Airtel's vast distribution network of over 5 lakh banking points to deliver financial services to millions of Indians — particularly in rural and semi-urban areas where traditional bank branches are scarce. The bank offers savings accounts, digital wallets, fixed deposits (in partnership with scheduled commercial banks), insurance products, and a comprehensive suite of digital payment services including UPI, NEFT, bill payments, mobile recharges, and merchant payments. Airtel Payments Bank is a pioneer in using telecom infrastructure for financial inclusion — customers can open accounts instantly using Airtel's SIM-based eKYC at local Airtel retail stores. The bank's savings account offers an interest rate of up to 6% on balances, making it one of the most rewarding digital savings products. Being part of the Airtel ecosystem means customers benefit from seamless integration with Airtel's Thanks app, one of India's most downloaded telecom applications. DICGC insured (for deposits held through partner banks) and RBI regulated, Airtel Payments Bank is committed to bringing formal financial services to India's last mile. Its vision aligns with India's Digital India initiative — empowering every Indian with access to safe, convenient, and affordable banking.