Airtel Payments Bank launches Digigold
May 13, 2021
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The gold is stored securely by SafeGold at no additional cost and can be sold through Airtel Thanks app
Airtel Payments Bank on Thursday launched DigiGold, a digital platform for customers to make investments in gold. This has been rolled out in partnership with SafeGold, a provider of digital gold.
With DigiGold, Airtel Payments Bank’s saving account customers can invest in 24K gold using the Airtel Thanks app. Customers can also gift DigiGold to their family and friends, who have a savings account with Airtel Payments Bank.
The gold purchased by customers is stored securely by SafeGold at no additional cost and can be sold through Airtel Thanks app at any time in a matter of few clicks. There is no minimum investment value requirement and customers can start with as low as one rupee.
With DigiGold, Airtel Payments Bank s savings account customers can invest in 24K gold using the Airtel Thanks app. Customers can also gift DigiGold to their family and friends, who have a savings account with Airtel Payments Bank
6 per cent interest on deposits of over Rs 1 lakh: Airtel Payments Bank
Airtel Payments Bank on Monday announced that customers with savings account deposits of over Rs 1 lakh will get an increased interest rate of 6 per cent per annum.
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| A+A A- By Express News Service
CHENNAI: Airtel Payments Bank on Monday announced that customers with savings account deposits of over Rs 1 lakh will get an increased interest rate of 6 per cent per annum.
The payments bank s offer comes after the RBI implemented guidelines for an enhanced day-end savings limit of Rs 2 lakh for payments banks.
Airtel Payments Bank currently has over 5.5 crore engaged users across its operations, its statement said, adding that the interest rate for accounts with less than Rs 1 lakh deposit will be at 2.5 per cent per annum.