Follow few simple steps to open Jio Payments Bank Account online.
Hello readers, Have you heard about Jio Payments Bank? You can also open the Jio Payments Bank account online and avail of numerous offers. The payment banks have various benefits such as no minimum balance requirements.
In this post, we will explain how to create a Jio Payments bank account and use it. Here in this post, we try to clear all your doubts regarding Jio Payments Bank. Recently, we had shared steps to open the Airtel Payments Bank account. The procedure to open the Jio Payments bank is simple.
If you want a bank account with no minimum balance requirement then the Jio Payments Bank account is the perfect solution. Any Indian resident of age 18 years and above is eligible.
There is no fee to activate Jio Payments Bank account. You can do a variety of online transactions with the digital bank account.
Let us first start by giving a short introduction on Jio Payments bank, it will be followed by the steps to open a Jio Payments Bank account.
Consumers can deposit up to 1 lakh rupees with eKYC verification. The payments banks provide ATM/Debit Cards, internet banking facilities to customers.
The depositor also earns interest on their balance. Jio commenced Payments Bank operations with effect from April 3, 2018. RBI issued a license to the bank under section 22 (1) of the Banking Regulation Act, 1949.
Download Jio Money App from here
Enter your number and verify it with OTP
Now, Enter your name, email and other details
Your Jio Money account is created
Go to MyJio App and open Dashboard to see Jio Bank option
It will show Upgrade Now banner tap on It.
Allow Notification and Open that Using My Jio App.
Select your JIO sim as you need to Link it as your Bank Account.
Proceed to verify your Mobile Number automatically.
Set your 4 Digit MPIN and Allow Fingerprint Unlock.
Enter your Aadhar Number, PAN Number and Proceed.
Select Nominee Details if you want to or you can skip this step.
After filling all the details Just Tap on Proceed Button.
Agree on Terms and Proceed.
Your application will be reviewed by Jio customer care soon
Soon you will receive a confirmation message
Quick Jio Recharges
Easy One Click Bill Payments
Easy Payments through @jio UPI Handle
Earn Interest on your account balance
Jio Payments bank comes with @JIO handle. You can link your Jio Payments bank with any UPI based app such as Paytm, PhonePe, Freecharge, and Amazon Pay. Once you have created UPI ID you can also use it on any website to make hassle-free online payment
Download Paytm App
Verify your SIM linked to Jio Payments Bank
Add your Jio Payments Bank account
Select Generate or Reset / BHIM UPI PIN
Enter last 6 digits and expiry dates of your Jio Payments Bank debit card
You'll receive one OTP from Jio Payments Bank on your registered mobile number.
Enter UPI PIN you want to set
You can check balance, transfer money, or make payments using this ID
So, you are ready to open the Jio Payments Bank account. The bank account comes with many benefits such as easy one-click bill payments, @jio UPI handle, and earn interest on your balance.
Who is eligible to open a Jio Payments Bank Account?
Any Indian resident 18 years is eligible to hold a Jio Payments Bank account.
What is the minimum balance requirement for Jio Payments Bank account?
There is no minimum balance requirement.
What are the documents required for opening a Jio Payments Bank account?
You only need an Aadhaar card and PAN card.
How to withdraw money from the Jio Payments Bank account?
You can withdraw money from any Jio Point outlet across India.
How to freeze/block my Jio Payments Bank account?
Dial 1800 891 999 from your registered number to freeze/block your account.