The Airtel Payments Banks will now provide a new salary account, Suraksha Salary Account, to the MSMEs.
Financial problems are not only been faced by migrants but many enterprises too. To help them, big businesses are coming forward and trying to make their life easier in many ways.
MSME Suraksha Salary Account
The salary account of MSMEs will be referred to as the “Suraksha Salary Account,” and to use these salary accounts, all kinds of MSMEs are eligible. The main agenda behind making the launch of the salary account for MSMEs is to provide them the facility to do cashless payments so that they can get financial security and lead a happy life.
When the media asked the organization about their motto, the Airtel Payments Bank stated-
“Suraksha Salary account offers a wide range of benefits including Hospicash Insurance and Personal Accidental insurance cover gave the low penetration of insurance in India”.
This will surely help many people to get stable again and get rid of the financial crises that they are going through.
The good thing about this initiative is that there is no limitation in keeping a certain amount in the salary account. Even if there is 0 penny in your account then also you won’t be charged with any kind of penalty.
Suraksha Salary Account Withdrawl-limit
In a single month, you can withdraw up to ₹50,000 cash or if it is about depositing the cash, then you can deposit up to ₹20,000 cash. The person who is the owner of any account will be offered 2 free cardless cash withdrawals that he or she can use at any ATM across the country without any trouble.
The bank also stated that initially, this offer would only be valid for those people who are the new customer of the bank. But later, it will be provided to existing customers also. In today’s date, the total sectors in MSMEs are more than 60 million units, and the accounts are 29% of India’s GDP.
We hope that this initiative taken by the organization will help people a lot who are needy.
Besides, the government has also launched the relief scheme for MSME registration, named Atmanirbhar Bharat Package.
Government Announces Atmanirbhar Bharat Relief Package for MSMEs
Download E-Startup Mobile App and Never miss the latest updates relating to your business.