Description
5-Minute Bank Account Opening — Fino, Airtel, Axis, NSDL Payments Bank:
Instant Digital Bank Account — AEPS, ATM Withdrawal, Spot ATM & Insurance Benefits
Open a Fino / Airtel Payments Bank / Axis Bank / NSDL Payments Bank account in just 5 minutes with Aadhaar-based e-KYC. Enjoy AEPS transactions, Spot ATM withdrawals, UPI/NEFT/IMPS transfers, and free insurance benefits — up to ₹2 lakh accidental cover and up to ₹50,000 hospital expense coverage.
Key Features & Benefits
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5-Minute Paperless Account Opening — Aadhaar OTP & biometric-based KYC
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AEPS / Spot ATM Withdrawals — cash withdrawal using Aadhaar or debit card instantly
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Digital Banking 24×7 — UPI, IMPS, NEFT, mobile & utility bill payments
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Free Insurance Benefits:
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₹2,00,000 Accidental Death Cover
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Up to ₹50,000 Hospitalization Benefit (as per plan & bank terms)
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Zero Balance / Low Minimum Balance Accounts (varies by bank)
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Safe & RBI-Regulated — backed by recognized banks & payment institutions
Price & Fees
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Account Opening Charges: ₹99 – ₹199 (MNR facilitation fee, one-time)
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Bank Account Opening Fee: Usually Nil (depends on bank, subject to change)
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Annual Maintenance / SMS Charges: As per bank terms (₹0 – ₹100 approx.)
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Transaction Charges:
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AEPS withdrawals: ₹10 – ₹25 per transaction
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Fund transfer (IMPS/NEFT): As per bank tariff
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Insurance Coverage: Included free with active account (T&C apply)
Documents Required
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Aadhaar Card (mandatory, linked with mobile number)
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PAN Card (mandatory for full KYC accounts)
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Mobile Number & Email ID
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Passport-size Photo (digital accepted)
(No physical paperwork — entire process is Aadhaar e-KYC based)
How to Apply / Process Flow
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Visit MNR e-Hub Centre or fill online request form.
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Provide Aadhaar & PAN: e-KYC done via biometric/OTP authentication.
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Fill Account Details: Name, mobile, email, nominee details.
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Pay Facilitation Fee: ₹99 – ₹199 (one-time).
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Instant Activation: Savings/Payments Bank account activated within 5 minutes.
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Start Banking: Get account number, customer ID, and mobile banking app access.
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Enjoy Benefits: AEPS withdrawals, transfers, Spot ATM, insurance cover.
Processing Time
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Account Opening: 5 minutes (instant after Aadhaar OTP/biometric)
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Debit Card / Welcome Kit: 7–15 working days (if applicable)
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Insurance Activation: Within 1–2 days of account opening (subject to terms)
FAQs
Q: Which banks are supported?
A: Fino Payments Bank, Airtel Payments Bank, Axis Bank (digital accounts), and NSDL Payments Bank.
Q: Do I need to maintain minimum balance?
A: Most accounts are zero-balance; some banks may require nominal balances.
Q: What is Spot ATM?
A: Spot ATM allows you to withdraw cash at MNR e-Hub through AEPS/card, like a mini-ATM service.
Q: Is insurance really free?
A: Yes — up to ₹2 lakh accidental cover and ₹50,000 hospitalization cover are included by bank partners (terms & conditions apply).
Q: Can I use this account for UPI/Google Pay/PhonePe?
A: Yes — accounts support UPI, IMPS, NEFT, and digital payments.
Legal & Compliance Note
MNR e-Hub provides facilitation services for account opening through Fino Payments Bank, Airtel Payments Bank, Axis Bank, and NSDL Payments Bank. Final approval, account activation, debit card issuance, and insurance claims are subject to respective bank policies, RBI regulations, and insurance provider terms.
Open Your Bank Account in 5 Minutes, Call/WhatsApp:9885023781
Instant account with AEPS, Spot ATM & free insurance up to ₹2 lakh.
