With the highest number of digital transactions, India is fast becoming a cashless economy. From paying for a cup of coffee to buying groceries and ordering food online, a few taps on your smartphone carry out the mundane and also the most significant transactions. With the convenience of digital banking, you can track your complete finances just by glancing at the bank statements. You can also design your budget by having a look at your income and expenses in the bank statement. But what if you have multiple bank accounts? Would that complicate things or simplify them? Let us find out.
Why We Need a Separate Digital Account?
If you continue to spend regularly from your main bank account, things may become a little tricky. It has everything from Rs. 15 paid for a cup of tea to your salary, investments, groceries, bill payments, etc. It becomes challenging to bifurcate all the expenses and find out where you may have overspent. And imagine the time required to review your annual bank statement and file your tax returns! Hence, here’s why you must have a separate digital account:
- Ensures online security: Using a separate digital account for all your daily payments ensures that your main bank account is safe from potential payment fraud.
- Declutters your finances: It adds the convenience of budgeting and expense tracking as you can easily segregate the finances and have a better track of your savings.
In such a scenario, it becomes imperative to choose the right digital bank. One such bank is Airtel Payments Bank, which ensures security, convenience, and better money management. Here’s why:
- Paperless and zero balance account: This is a 100% digital savings account which can be opened from the comfort of your home in minutes with no monthly average balance requirement.
- Earn up to 7% interest on your savings: Earn an attractive interest income of up to 7% on your savings account on a balance above Rs. 1 lakh.
- Recharges and bill payments: You can use your Airtel Payments Bank account for instant payments for DTH recharges, utility bills, and a lot more.
- Instant Money Transfers: You can send and receive money instantly, and you can also scan & pay for all your shopping needs.
- Life in the FAST Lane: Buying NETC FASTag with Airtel Payments Bank makes for instant toll payments. You can buy online and enjoy free home delivery and instant activation. Also, it’s a complete goodbye to double cash payments at the toll plazas, as you can recharge your FASTag anytime.
Adding Clarity to Everyday Banking
Airtel Payments Bank savings account can be your ideal way of streamlining all your regular payments and keeping your main account statement short and crisp. And while doing so, you get a host of benefits and the digital banking experience.
Switch to Airtel Payments Bank – The Safe Digital Account for all your daily transactions in minutes from the comfort of your home and bring more clarity to your banking and finances. Download Airtel Thanks App, today!