After Airtel, Paytm, India Post and Fino Payments bank now Jio is going to launch their Payments bank in December 2017. Jio Payment Bank is a joint venture between Reliance Industries and State Bank of India. So guys soon you will be able to transfer your account balance to Jio’s bank to earn interest and avail exciting offers. You will also be able to order Physical Debit Card. Scroll down to know more.
What is Payments Bank?
Payments bank is a new model of banks conceptualised by the Reserve Bank of India (RBI). Currently, account holders of this bank can deposit Upto Rs 1 lakh in a Savings account and may be increased later. There is no loans and credit cards facility. The services provided by payments bank are ATM cards, debit cards, Internet-banking and mobile-banking etc.
Download Jio Payment Bank App
In order to open an account, you need to download an app which will be available on PlayStore after the official launch. Now install and open the app and proceed for registration.
How to Open a Jio Payment Bank Savings Account?
After downloading the app, you have to log in using Jio number. Now just link your Aadhaar card to complete the verification process. Your savings account will be credited within few hours.
How to Get a Debit Card?
You will also get a physical debit card which can be used at ATM & POS machines. After creating an account, you can order a Debit card which will be delivered to your home within few days.
Interest Rate & Charges
To take on Airtel Payment bank Reliance Jio may provide excellent interest rate and offers to their customers.
Where are Jio Bank’s Branches?
- Coming Soon
- Jio Number
- Aadhaar Card
Share the news with your friends and stay connected with us for Step by Step Guide, till then enjoy JioFi Festive Offer.