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. Customers can book multiple FDs for a fixed duration of either 1, 2 or 3 years.