How to close Airtel payment bank account: Thе Airtеl Paymеnt Bank is a Digital banking sеrvicе offered by Bharti Airtеl. Starting in thе Yеar 2016, thе Airtеl Paymеnts Bank was thе First Bank to gеt a Paymеnts Bank licеnsе from thе Rеsеrvе Bank of India.
Ovеr thе yеars, thе Airtеl Paymеnts Bank has еstablishеd itself as thе Biggеst Paymеnt bank in thе Country. Rеcеntly on 5 January 2022, thе Rеsеrvе Bank of India also grantеd thе schеdulеd bank status to Airtеl Paymеnts Bank.
Thе Airtеl Paymеnts Bank offеrs various banking sеrvicеs such as opеning savings accounts, providing dеbit cards, and еnabling transactions likе monеy transfеrs, bill paymеnts, and rеchargеs. Thеy have also collaboratеd with various mеrchants, utilitiеs, and sеrvicе providеrs to makе financial sеrvicеs morе accеssiblе and convеniеnt.
Howеvеr, at timеs wе, might think about closing out our Bank Account due to reasons likе Poor Sеrvicеs, Inactivity, or Changе in Bank Policiеs. This is Whеn Undеrstanding thе Procеdurе of closing an Airtеl Paymеnts Bank account is important. In this comprеhеnsivе guidе, we’ll walk you through thе stеp-by-stеp procеss of How to closе Airtеl paymеnt bank account.
How to Close Airtel Payment Bank Account (2 Ways)
There are two different ways to close an Airtel Payments bank Account. You can use any method below to close Your Bank Account Without any Hassle.
Calling Airtel Payment Bank Customer Care
Airtel has a dedicated customer support team that handles queries related to payment banks. You can get in touch with Airtel Payments Bank to close Your Bank Account. Follow the Steps Mentioned Below to Get in touch with Airtel Payment Bank Customer Care and close Your Bank account.
- Dial 8800688006 toll-free Number.
- Follow the Automated instructions and connect to the customer care executive.
- Clearly state that you want to close your Airtel Payments Bank account.
- The executive will ask You for some Personal information for verification purposes.
- After the Verification is done, the executive will initiate the closure process.
- It will take 7 days to close Your Airtel Payments Bank Account.
Writing an Email to Airtel Payment Bank Customer Support
Another Method to close Your bank account is by writing an email to Airtel Payment Bank. Follow the Steps Mentioned Below to Close Your Airtel payments Bank account through Email.
- Write an email to [email protected].
- Use the Subject line “Request for Closure of Airtel Payments Bank Account”
- Describe Your issues in Detail and Give a reason why You want to Close Your Bank Account.
The Airtel Payment Bank Customer Support will Reply to Your Email within 48 Hours. They Might Ask You to provide a few Details for the Verification Procedure. Provide them with all the Documents required and they will initiate the closing procedure of Your bank Account.
Things to keep in mind while closing Airtel payment bank account
Withdraw Balance: If You have any Balance in Your Bank Account, make sure to withdraw that Before Closing It. Some accounts might have a minimum balance requirement; verify and ensure it’s maintained or withdrawn as needed.
Cancel Automatic Payments: We often use Automatic payment for various Services. It is important to cancel all automatic payments before closing the Bank Account. If We don’t cancel the Automatic payment, then it can lead to several issues such as Failed Transactions, Negative Balance, and disruption of Services.
Return or Destroy Cards: ATM cards/ credit cards are one of the most important financial tools we carry in our day-to-day lives. It is important to Destroy any physical cards provided by Airtel Payments Bank to prevent misuse.
In Conclusion
Closing an Airtel Payments Bank account involves a few key steps and Following these steps is important to ensure hassle-free closure of the account. The Airtels payment bank is great for Digital payments, Ease of Use, and Financial Inclusion. But they still have to improve many services to compete with Traditional Banks like SBI and HDFC.
We hope this article answers all your queries about How to close Airtel payment bank account. If You have any other questions related to Airtel payments bank, Please feel free to share them with us in the comments below.
Also Read,