Trending

Stories

Airtel Payments Bank Initiative ‘Suraksha Salary’ Launched for MSMEs

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Airtel Payments Bank today announced a salary account for micro, small and medium enterprises (MSME). The initiative is called ‘Suraksha Salary’ which is working towards supporting the small, medium businesses.

Through this account, the businesses will be able to make cashless payments, but more importantly, it will ensure a financial blanket for its employees. The benefits under the account include Hospicash Insurance and Personal Accidental insurance cover.

Also Read

The lockdown brought out the uglier side of capitalism, and how the MSME workforce was hit badly. MSME employees do not have healthcare benefits or even insurance. This certainly makes the situation worse for those employees, especially during this time.

The finance minister announced a collateral-free loan worth INR. 3 lakh for MSMEs and the Cabinet committee jumped on the bandwagon and announced that it will infuse INR. 20,000 crores into the MSME sector.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

The new initiative of Airtel will be available only to new bank customers as of now; later existing customers will be made part of this.

“Our research reflected how lack of protection makes the workforce susceptible to financial setbacks, particularly in case of illness. With this consumer insight, we developed the Suraksha Salary Account to enable MSMEs to offer financial protection and formal banking experience to their employees,” Anubrata Biswas, MD, and CEO, Airtel Payments Bank said.

In the case of hospitalization, the account holder will be subjected to a fixed cover of INR 400 per day for 10 days. This package also covers COVID-19. The account owner will also get a group accidental cover of INR. 1 lakh. Moreover, the account has no minimum balance condition.

The Suraksha Salary initiative comes at a crucial point in time, though it came very late. This should work towards the betterment of the MSME employees’ healthcare plans, and make them financially more equipped.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly 
OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors