alexa

Search in Indianmoney's WealthPedia

User
Do payment banks give interest?

By IndianMoney , 6 months ago

Yes, payments bank aims to further financial inclusion, especially through savings accounts and payments services. Payments banks currently offer interest rates similar to that being offered by regular banks. As per RBI guidelines, these banks can not accept fixed or recurring deposits.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.