airtel after lanching airtel money taken another step forward and recently had an agreement with axis bank to provide mobile banking with airtel under its airtel money application. This will facilitate customer an power acount in axis bank to airtel customer specially from rural area to avail banking at no cost .
This is a good step is going to be taken by Airtel. But question cones how does they will be able to provide this without any initial cost? is there any transfer charges like Airtel money?
The all-new service acts as a no-frills bank account that comes with remittance capabilities which empower customers to send money, withdraw cash from the nearby designated Airtel Money outlets, keep money safe and even enjoy interest on savings through their mobile device
yet it is not clear that air tel will charge for remmitance ap airtel stores, but surely transfer will not be charged as its an banking element .