Categories: Banking

Airtel Payments Bank tie-up with IndusInd Bank to offer FD Facility

Airtel Payments Bank has partnered with IndusInd Bank to offer fixed deposit (FD) facilities to its customers. A customer can open FD of Rs 500 up to Rs 190,000 on the Airtel Thanks app. With this partnership, customers of Airtel Payments Bank savings account will get an interest rate of up to 6.5 %p.a. and senior citizens will get an additional 0.5% on all fixed deposits.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Customers of the Airtel Payments Bank will be able to book several FDs for a fixed term of one, two, or three years. Customers can dissolve an FD before its maturity date via the Airtel Thanks app without incurring any penalties or processing fees for early withdrawals. Within minutes, the invested amount will be paid back to the associated account.

Important takeaways for all competitive exams:

  • IndusInd Bank Founded: 1994;
  • IndusInd Bank Headquarters: Mumbai, Maharashtra;
  • IndusInd Bank MD & CEO: Sumant Kathpalia;
  • IndusInd Bank Tagline: We Make You Feel Richer.

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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.

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