Jio Payments bank service started By reliance Jio recently to simplify the digital transactions and other bank related activities. Have you hear about Jio payments bank and have an outlet near you? Today in this post, you will know all about Jio payments bank, what is jio payments bank, how it works, benefits, features etc.
What Is Jio Payments Bank?
Jio payments bank is a digital banking solution that combines with physical outlet and mobile application to simplify financial dealings. By making an account on Jio payments bank, you can make recharges, pay bills, transactions etc Via MyJio app by visiting the nearest Jio payments bank outlet. you can simply manage your everyday banking needs Via Jio payments bank.
Jio Payments bank app
There is no any specific app for jio payments bank, but you can use MyJio app installed on your smartphone for making recharges, paying bills, and other transactions that allowed by Jio payments bank. So, simply, MyJio app is referred to as Jio payments bank app.
You can see Jio payments and banking section on your MyJio app to manage all activities related with Jio payments bank.
There are Outlets for Jio Bank
Jio started Jio Payments bank some of the main places in India, and going to start Jio payments bank outlets in 70,000 locations soon. So obviously, one outlet should be near you. and make use of Jio payments bank for your financial needs, digital payments and transactions.
What You Can Do With Jio Payments Bank
- Recharge mobile phone, DTH etc
- Pay postpaid bills, electric bills, water bills, purchase travel tickets, online shopping transactions etc
- Make money transfer and all other transactions
- Save, invest, protect your money
How Jio Payments Bank works : How safe it is
Jio payments bank working on the basis of their outlets and a mobile application. You need not an account passbook, ATM card, filling form to deposit or withdraw money on your Jio payments bank account. You can be able to access your account from any outlets in India and do your banking needs. for this you need to connect your Aadhar card with your jio payment bank account.
When it comes to safety, your aadhaar biometric is used for security. Only your biometric and physicla appearance can allows you to make any transactions through Jio payments bank. So there is zero possibilities of fake transaction possible. You can trust 100% on Jio Payments bank.
Completely transparent
Jio bank is completely transparent. There is no any hidden charges, penalty fee etc with your Jio payment bank account.
Features
- Quick process to open a bank account – and no paper work is required
- Works on any operator in India (2G/3G/4G)
- Attractive offers on account
Customer Support
You can contact the customer support care of Jio banks anytime. There are two ways to reach out the customer care support.
Call at : 1800 891 999 which is a toll free number
Email support: care@jiopaymentsbank.com
Should Know Factors
| Age For Joining Account | 18 & above |
| Minimum Balance needed | No |
| Fee for transaction | No |
| Any penalty fee or hidden charges | No |
| Proof Required To open Account | PAN Card & Aadhaar Card |
| Link another bank account with it | Yes, Possible |
| Security | m-pin & Biometric |
| Jio number is must? | No |
Business correspondents Address
Correspondent Name: Reliance Payment Solutions Limited
Address: 5th Floor, Court House, Lokmanya Tilak Marg, Dhobi Talao, Mumbai, Maharashtra –400002
Conclusion
Jio payments will be the new model of banking. It is the coming trends in banking in India. You can rely on it. They specifically saying that no any other hidden charges, penalty fee, minimum balance etc required. But so many public and private sector banks do all these charges. Anyway, it is better and useful for you to carry out all your banking needs with Jio banking if you are any kind user, whether you are a business owner, employee, self employee etc. Enjoy banking.