Airtel Payments Bank launched a new salary account for micro, small and medium enterprises.
Called the Suraksha Salary account, it will enable MSMEs and other organizations to make cashless payments and provide a financial security blanket to their employees.
The account has no minimum balance condition.
It offers no charges on cash withdrawals of up to Rs 50,000 and deposits of up to Rs 20,000 in one month.
The account holder also gets two free cardless cash withdrawal via IMT at ATMs across the country.
The account holder can make online money transfers to any bank across India.