Airtel Payments Bank (6% interest on deposits over 1 lakh)

[popcorn]

Thanks igloo, but I want to completely use a new number!
Airtel team not teady to do that. Their airtel bank points dont know that they are working in a bank.
Last option is just to deactivate every thing and move on with better banks+fasttag like Paytm where you are not binded with mobile service provider. With airtel you are bonded with Airtel Bank & Airtel mobile service.

 

[mhsabir]

3.5% from March 1st 2020 - Updated thread title...

 

[Sushubh]

 

[mhsabir]

3% from 15th April 2020. Took them just 1.5 months to shave off another 0.5%

 

[Sushubh]

 

[popcorn]

huh

 

[mhsabir]

Wont be surprised if other banks follow as well. PPF and other savings schemes reduced. Rumours of EPF further reducing. Lower FD rates - Its a matter of before general savings rates also drop.

 

[Sushubh]

dad wants me to explore nippon mutual funds when my fd mature later this year.

 

[mhsabir]

I think these were Reliance Mutual Funds earlier..

 

[Sushubh]

yeah. nippon acquired their mutual funds business from what i heard.