Airtel Payments Bank and HPCL join hands to boost digital payments in Chhattisgarh

Airtel Payments Bank, India’s first payments bank,

Airtel Payments Bank, India’s first payments bank, customers can
now make secure and convenient digital payments for fuel purchase at over 360 HPCL fuel
stations across Chhattisgarh. The announcement was done during the inauguration of Minocha Petroleum as banking point in Indore by Dharmender Khajuria, CEO – Madhya Pradesh &
Chhattisgarh, Bharti Airtel Ltd, along with Ravi Shankar Pammi, Head – Payments Solutions –
Chhattisgarh, Hindustan Petroleum Corporation Ltd.

These cashless payments can be made via smartphones (MyAirtel App) as well as feature phones
(USSD) and no transaction fee is charged for these digital payments from customers.

All Airtel Payments Bank customers would also be able to access a range of convenient banking
services at these fuel stations e.g., open new accounts, make cash deposits and withdrawals
facility, and transfer money. This will add to the depth and reach of Airtel Payments Bank’s
retail based network that leverages over 45,000 Airtel retail outlets as banking points in the state.

Dharmender Khajuria, Chief Executive Officer – Madhya Pradesh & Chhattisgarh, Bharti
Airtel Ltd said, “The partnership with HPCL has provided a fillip to our endeavor to build a
robust and diverse merchant ecosystem that brings more digital payments avenues to our
customers. We are pleased to have these fuel outlets as our banking points, which would offer an
evenly spread reach to digital banking. We are confident that this partnership will add to the
growth of digital payments in the state of Chhattisgarh and contribute to the Government’s
Digital India vision.”

Those commercial organizations which are dependent on road transportation, can specifically
benefit from this unique partnership which would enable them to manage their fuel payments in
a safe and secure manner at the HPCL fuel stations, and avail the protection of free Personal
Accidental Insurance of Rs. 1 lac for their drivers holding Airtel Payments Bank accounts.
Airtel payments Bank’s bouquet of innovative and convenient services include:
 Digital Banking: Quick and paperless account opening using Aadhaar based e-KYC.
This requires no documents at all, only the customer’s Aadhaar number is needed.
 The customer’s mobile number will be his/her bank account number.
 Interest rate of 7.25 % p.a.on deposits in savings accounts, the highest in India.
 Money transfer to any bank account in India (Free money transfer from Airtel-to-
Airtel numbers within Airtel Payments Bank).
 Free Personal Accidental Insurance of Rs. 1 Lac with every Savings Account.

Easy deposit and withdrawal facility across a wide network of Airtel retail outlets.
 USSD and IVR in 12 languages for non-smartphone customers.
 An online debit card in partnership with MasterCard.
 A nationwide digital payments ecosystem with over three million merchants

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Airtel Payments Bank and HPCL join hands to boost digital payments in Chhattisgarh
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