First thing first, what exactly is Airtel payments bank? Recently Bharti Airtel has launched new service and to convey it in simple words, I will say it’s nothing but the virtual bank. Interestingly, you don’t need to pay a single penny in order to create new account. In fact, your Airtel mobile number is your bank account number! But, how is it different than physical or local banks?
When you opt for Airtel payments bank, you get fixed 7.25% interest on deposited money. For every rupee that you deposit, you get equivalent talktime. They also offer free personal accidental insurance cover of Rs 1 lac. Currently, Airtel is giving lots of coupons & promo codes to promote their payments bank & we are going to aggregate all those offers in this thread.
Airtel Payments Bank Promo Code 2017
|AMBMS||25% (max Rs 150) cashback at BookMyShow|
|AMGROFERS||20% (max Rs 250) cashback at Grofers|
|No Coupon||5% (max Rs 50) cashback when you transact using Airtel payments bank through MyAirtel app, website, airtel money or USSD. Offer is valid on 1st transaction of every month.|
|AMSHOPCLUES||10% up to Rs 200 cashback at shopclues|
|AMEBAY||Enter this promo code at bank payment page to get 10% CB on ebay order|
|No code||20% cashback on fuel refilling at HPCL & IOCL petrol pumps (2 times per user)|
|AMDOMINOS||25% (max Rs 50) cashback at Dominos|
Opening A New Account
Even 5 minutes are more than sufficient to open new account. Just head over to this registration page & fill up your Airtel mobile number. It doesn’t matter whether the sim card is prepaid or postpaid. Then simply enter the one time password & you are good to go!
How to withdraw cash?
All you need to do is open Google maps & search for the nearest Airtel bank. Alternately, you can fetch the banks around your area through this link.
Time to take a quick look at benefits
Similar to other popular wallets, you can send money to friends & receive as well. With virtual debit card, you can spend bank balance at thousands of online & offline merchants. It’s safe, fast & absolutely convenient to use.