What is Airtel Payments Bank’s Suraksha Salary Account?

Airtel Payments Bank today announced the launch of ‘Suraksha Salary Account’, an innovative salary account for MSMEs. With this initiative, Airtel Payments Bank wants to help businesses disburse salaries to employees in a seamlessly convenient manner and also maintain records digitally for future references and tax processes.

Suraksha Salary account, Airtel explains, has been designed specifically for informal labour force who are not eligible for social and healthcare benefits as part of their salaries. Through Suraksha Salary account MSMEs and other organisations will be able to make cashless payments to these labours and also provide a financial security blanket to them.