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

[Jonas]

I've not even done KYC for this Airtel wallet, and I don't see any option to add or send money using it. What is wrong with Airtel?

 

[Sushubh]

You have funds in this account?

 

[Jonas]

Rs. 10 in the wallet which I might have received as a cashback.

 

[Sushubh]

You would probably need to do kyc first. I would suggest forgetting about this.

 

[Navjot Singh]

Just use it for DTH or postpaid.

 

[Sushubh]

Yeah, if the balance is available for bill payment just use it for anything that supports 10 rupee payment.

 

[Jonas]

Source

And this is exactly why I didn't do KYC, because I wanted them to close it.

 

[Smh]

Airtel is really airtel. What a scam.

Complain to RBI about this.

 

[itzmynet]

And this is exactly why I didn't do KYC, because I wanted them to close it.

you can ask them to close it. pester them on twitter

 

[Jonas]

Dear Customer, As per RBI Guidelines your Airtel Money Wallet will expire soon! Your wallet will be upgraded post expiry. Details @www.airtel.in/5/apbbnkminkyc

It was supposed to be expired. Feb 2020. How exactly do they plan to charge me the fee? Wallet is nom operational, and I'm a prepaid user.