Airtel Payments Bank

Launched in January 2017, Airtel Payments Bank was the first payments bank to go live in India. It is a subsidiary of Bharti Airtel, a leading telecommunications company. The bank's mission is to promote financial inclusion by providing simple, secure, and convenient banking services to every Indian. It operates with a digital-first model, leveraging a vast network of over 500,000 neighborhood banking points to serve customers, especially in rural and semi-urban areas. Its core offerings include digital savings accounts with no minimum balance, instant money transfers via UPI and IMPS, utility bill payments, and access to third-party financial products like insurance and investments.