Airtel payment bank offers 1min/Rs talktime

With all the hassle of the networking companies to get over JIO with their luring strategies, Airtel Payments Bank has come up with a new offer.

It has decided to provide its customers with a talk time of 1 minute in 1 rupee.

For example, if you deposit a sum of Rs 500 in your account, which you’ll be provided with, then you get 500 minutes of talk time on your registered Airtel number, though, the benefit is for first-time deposits only. The validity of the talk time plan is 30 days.

Airtel Payment banks have started testing its systems by rolling out its pilot service in Rajasthan. Customers over there can now open bank accounts in Airtel and enjoy the convenient banking service. More than 10,000 customers opened the savings account with the banks, most of which are in rural and semi-urban areas.

“We are confident this additional benefit along with the industry-best interest rate on deposits will encourage customers to open bank accounts with us and give us a big boost to customer acquisition,” says Shashi Arora, MD & CEO of Airtel Payment Banks.

Let’s see if this strategy of theirs can compete with JIO or not.

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