‘Suraksha Salary Account for MSME’s’ – By Airtel Payment Bank

Published on June 17, 2020
Current Context: Airtel Payment Bank has launched ‘Suraksha Salary Account for MSME’s’.
‘Suraksha Salary Account for MSME’s’ – By Airtel Payment Bank 
  • With the help of this account, MSME and other organisations will be able to make cashless payments and provide financial security to their employees.
  • The account will facilitate the business to payroll in convenient manner and will help to maintain digital payment records in future for reference.
  • Also, the account does not require any minimum balance and an account holder will be able to make cash withdrawals and deposits at Airtel Payment Bank’s banking points across the country.
  • Also, there is no charge on cash withdrawal upto Rs 50,000 and deposit upto Rs 20,000 in a month.
  • The Suraksha Salary Account also offers group accidental cover of Rs 1 lakh and also offers insurance cover which includes Hospicash Insurance and Personal Accidental insurance cover.
  • Static Part: 
    • HQ of Airtel Payment Bank: New Delhi
    • MD and CEO of Airtel Payment Bank: Anubrata Biswas

Question: 

Q.1 Which payment bank launched Suraksha Salary Account for MSME’s’?
a. Fino Payment Bank
b. Airtel Payment Bank
c. Paytm Payment Bank
d. Jio Payment Bank

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