As we all know that Airtel has launched its payement bank across the country, and they are promising to provide us a very handy, smooth and paperless bank experience by their services. Also PayTM has introduced its payment bank so it will going to be very interesting to see the battle of these Giants of their own sector.
And today we will explore some benefits of using Airtel Payment Bank, also i will tell you that how to get Airtel Debit Card, I will make a separate post about how to Open an Account on Airtel Payment Bank, so please keep visiting www.phontoos.com
As the first benefit of using Airtel Payment Bank is as of now they are providing 7.25% of Interest Rate, which is great for any savings account, as of now I don’t know any bank that is giving this much of interest rate on Savings account, and even they (Other Banks) are charging some money for the services as well.
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The Second Benefit of Airtel Payment Bank is a Paperless, so you do not have to fill any kind of form to open the Account on Airtel Payment Bank, almost all the process of opening an account on the Airtel Payment Bank can be done online.
The Third benefit of Airtel Payment Bank is providing a MasterCard Powered Debit Card as well, personally I like this initiative done by any non-banking company. They are issuing a Debit Card to each and every Airtel Payment Bank Account Holder, but I would like to tell you one thing that this Debit card is a Virtual Debit Card as of Now,
We hope they will also provide us a Plastic Debit Card after some time, but as of now they are just providing a Virtual debit card, now let’s talk about what is a virtual debit card.
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A virtual debit card is which you can use for only online transactions, you will be able to see the Card No. Expiry Date and CVV no with Cardholders name, by using that you can shop on E-Commerce sites like Flipkart, Amazon, Snapdeal, and even you can add money to PayTM Wallet using Airtel Payment Bank Debit Card.
How to Get Airtel Payment Bank Debit Card
Now I will be showing that how can you get your own Airtel Payment Bank Debit Card, the process is very simple, after opening the Airtel Payment Bank account just Open My Airtel App on your device and Tap on Payment bank Section on the Home Screen of My Airtel App, now Click on the Menu Icon on the Top Left Side on the Screen and click on Online Card, that’s it, now you will be able to see your Airtel Debit Card.
Also you will be able to see Online Card option on the Main Screen, so can also click on that icon to see your Airtel Debit Card.