Airtel Payments Bank launches Suraksha Salary Account for MSMEs

Airtel Payments Bank launches Suraksha Salary Account for MSMEs

New Delhi: Airtel Payments Bank on Monday launched `Suraksha Salary Account`, an modern wage account companies for the Micro, Small and Medium Enterprises (MSME).

In an announcement, Airtel Payments Bank mentioned that by way of these modern accounts, MSMEs and different organisations will be capable of make cashless funds and supply a monetary safety blanket to their workers.

`Suraksha` wage account presents a variety of advantages together with hospital money insurance coverage and private unintended insurance coverage cowl given the low penetration of insurance coverage in India, it mentioned.

An account holder beneath the provide will get freed from cost group unintended cowl of Rs 1 lakh. This ensures added monetary safety for the household.

In the occasion of hospitalisation, the account holder can be entitled to a hard and fast cowl of Rs 400 per day as much as a most of 10 days. The coverage will cowl COVID-19 as nicely and mitigate the influence on the account holder attributable to potential lack of pay and financial savings throughout hospitalization, the assertion additional mentioned.

The account has no minimal steadiness requirement and the account holder could make handy money withdrawals at Airtel Payments Bank`s banking factors throughout India. Among different options, prospects may make money deposits and switch cash at these factors.

Anubrata Biswas, MD and CEO, Airtel Payments Bank mentioned: “Our research reflected how lack of protection makes the workforce susceptible to financial setbacks, particularly in case of illness. With this consumer insight, we developed the Suraksha Salary Account to enable MSMEs to offer financial protection and formal banking experience to their employees.”

To start with, the product can be accessible solely to new prospects. It can be quickly made accessible to the present prospects who want to function their wage accounts with Airtel Payments Bank, the corporate mentioned.

$(function() { return $("[data-sticky_column]").stick_in_parent({ parent: "[data-sticky_parent]" }); });

reset_scroll = function() { var scroller; scroller = $("body,html"); scroller.stop(true); if ($(window).scrollTop() !== 0) { scroller.animate({ scrollTop: 0 }, "fast"); } return scroller; };

window.scroll_it = function() { var max; max = $(document).height() - $(window).height(); return reset_scroll().animate({ scrollTop: max }, max * 3).delay(100).animate({ scrollTop: 0 }, max * 3); };

window.scroll_it_wobble = function() { var max, third; max = $(document).height() - $(window).height(); third = Math.floor(max / 3); return reset_scroll().animate({ scrollTop: third * 2 }, max * 3).delay(100).animate({ scrollTop: third }, max * 3).delay(100).animate({ scrollTop: max }, max * 3).delay(100).animate({ scrollTop: 0 }, max * 3); };

$(window).on("resize", (function(_this) { return function(e) { return $(document.body).trigger("sticky_kit:recalc"); }; })(this));


} on_load_google_ad(); function sendAdserverRequest() { try { if (pbjs && pbjs.adserverRequestSent) return; googletag.cmd.push(function() { googletag.pubads().refresh(); }); } catch (e) {

googletag.cmd.push(function() { googletag.pubads().refresh(); }); } } setTimeout(function() { sendAdserverRequest(); }, 5000);

function on_load_fb_twitter_widgets(){ (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); = id; js.src = ""; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));

window.twttr = (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0], t = window.twttr || {}; if (d.getElementById(id)) return t; js = d.createElement(s); = id; js.src = ""; fjs.parentNode.insertBefore(js, fjs); t._e = []; t.ready = function(f) {

t._e.push(f); }; return t; }(document, "script", "twitter-wjs")); }

//setTimeout(function() { on_load_google_ad(); }, 5000); setTimeout(function() { on_load_fb_twitter_widgets(); }, 5000);