Gone are the days when you used to stand in the long queues under the scorching sun or the chilly winters to clear out your bills. Since payments have got digitized in today’s time, you don’t have to wait for the long lines to get over so that you can finally have your time. You can now pay the bills from several online platforms, be it the payment gateways or from the bank servers.
However, we will talk about the Airtel Payments Bank and how you can do the Mahanagar gas bill payment and other payments easily. Here, you will get the required information about the Payment Bank, what it is, how you can open an account, the benefits, and also the bill payment facilities.
What is Airtel Payments Bank?
Before you learn about how to pay the bills through the Airtel Payments Bank, you need to understand the term first. It is a digitized bank where you won’t have to submit any documentation or get into any long lines. Moreover, unlike the traditional banks, you will get a lot of benefits like 3% interest rate, an online debit card, recharging phones, paying the bills, transferring money to any other account, and so on.
What are the benefits of the Payments Bank on Airtel?
A lot of benefits are there, which you can enjoy while using the Airtel Payments Bank. Here are a few of them:
- Bill payments and recharges are done faster with no hassle.
- Deposition and withdrawal of money can is done using the banking points in any chosen ATMs.
- One will get an online debit card, and hence there is no worry of stealing or losing the card.
- Three percent interest rate is provided on the savings account of the holders.
- One can also buy third-party insurances with ease.
- No intensive documents are required for opening an account in Airtel Payments Bank.
How to open an account on Airtel Payments Bank?
To do the Mahanagar gas bill payments or any other transaction, you need to open an account here in Airtel Payments Bank. For this, you need to choose a document mode and then enter the same number in the given field. Once done, you get an OTP on the airtel number you are using. After verifying the OTP, you will have your account and wallet.
How to make a bill payment?
Now, as for paying the bills through the Airtel Payments Bank, you have to open the application or go to the official website. Once there, you need to choose the type of bill you want to pay. There are options like Jio, BSNL, Vi, and Airtel recharge, postpaid bills, gas bills, electric bills, DTH bills, etc.
Once you have selected the type, choose the distributor, and then enter the unique ID to fetch the bill. By clicking on the ‘pay option,’ your bill amount is deducted from your Savings balance of Airtel Payments Bank.
Conclusion
Since Airtel Payments Bank is growing in popularity, knowing more about its services and paying the bills is necessary. With this knowledge, you can now pay any bills quickly.
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