brief presentation on airtel payments bank in india new small finance banks and payments banks new licenced banks

1. Himanshu jangir
Presented by

2.  About Airtel payment bank
 Features
 Services will not provided
 What its cost
 Targets & Achievements
 Registration
Content

3.  AMSL(Airtel M-Commerce Services Limited) a subsidiary of Bharti Airtel Limited
has been granted payments bank license from RBI on April 11, 2016 , Also listed to
BSE
 Payments banks are a new model of banks conceptualized by the Reserve Bank of
India(RBI). These banks can accept a restricted deposit, which is currently limited to
₹1 lakh per customer and may be increased further.
 Money transfer to any bank account in India
Overview

4. Type - Public Ltd. Company
Industry - Financial services
Founded - 11 April 2016
Headquarter - New Delhi
Area served - India
Products - Banking
Parent - Bharti Airtel Limited
Bank’s capital - 3000 Crore
MD & CEO - Shashi Arora
Overview

5. “Our aim with Airtel Payments Bank is to give every
Indian access to an equal, effective and trustworthy
banking experience"
Mission vision Statement

6.  Quick and paperless account opening using Aadhaar based e-KYC.
 Customer’s Airtel mobile number will be his/her bank account number
 Interest rate of 7.25 % p.a.on deposits in savings accounts, the highest in India
 Personal Accidental Insurance of Rs. 1 Lac with every Savings Account
 Non Airtel customers can access Airtel Payments Bank’s services by dialing 8800688006
 Any customer opening a savings account with Airtel Payments Bank, will get one minute of talk
time on his/her Airtel mobile for every Rupee deposited
 The product or service can be used by different groups, giving real user examples where
possible.
Benefits

7.  The Airtel payment bank will not issue credit cards.
 The Airtel payment bank also will not provide loan Facilities.
Limitations

8. Charges

9. Target
 Airtel Payments Bank aims to enable 5,000 villages to go cashless.
 Airtel Payments Bank aims to scale its network to 600,000 banking
points.
Achievements
 Airtel Payments Bank today revealed that it has enabled over 200
villages across India to go cashless.
 Airtel Payments Bank has a network of over 250,000 Airtel retail stores,
which function as a banking points.
Availability