Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card

India’s first payment bank, Airtel Payment Bank also became the first Indian Bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account. The debit cards will be crafted from recycle- Poly Vinyl Chloride (r-PVC) material, a certified eco-friendly material, against normal PVC cards. The introduction coincides with the Bank’s dedication to sustainability and its drive to advocate for environmentally conscious practices within the financial industry.

Environmental Impact

  • Each production batch of 50,000 cards will result in a reduction of 350 kgs of carbon emissions compared to the traditional PVC cards commonly used in the market.
  • The production of r-PVC cards will lead to a 43% reduction in hydrocarbon consumption, playing a role in curbing petroleum usage during the manufacturing process.
  • With each batch of r-PVC cards contributing to the conservation of an 6.6 million litres of water.

About new Debit cards

Airtel Payments Bank debit card comes in two variants(under Classic variant)

i. Personalised Classic Card: Availed through the Airtel Thanks mobile application.
ii. Insta Classic Card: Availed at selected neighbourhood banking points (by the close of the current quarter).

Note: The cards also offer the rewards with e-commerce benefits of up to INR 10,000, as well as complimentary One Dines experiences in major cities across India.

Important takeaways for all competitive exams: 

  • Airtel Payment Bank MD & Chief Executive Officer: Anubrata Biswas;
  • Airtel Payment Bank Headquarters: New Delhi, Delhi;
  • Airtel Payment Bank Established: 2017.

Find More News Related to Banking

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What is Glutathione, the Master Antioxidant of our Body?

Our body is made of millions of tiny cells that work day and night to…

22 mins ago

World Creativity and Innovation Day: Why April 21 Celebrates Ideas That Change the World

World Creativity and Innovation Day observed every year on the April 21. This day celebrates…

30 mins ago

Who Is John Ternus? Meet Apple’s Next CEO After Tim Cook

Apple Inc. has announced that John Ternus will become the next Chief Executive Officer and…

1 hour ago

India Observes National Civil Services Day on April 21 to Honour Public Servants

National Civil Services Day 2026 is observed on the April 21st every year to honor…

2 hours ago

List of Important Days in April 2026, National and International Events

April, starting month of the financial year, has many national and international events. From cultural…

2 hours ago

Which Institution has Developed the World’s Largest Solar Tree?

India is moving fast towards clean and green energy. Solar power is one of the…

17 hours ago