Now get rid of the hassle of putting a long line in banks as Jio has given its selected JioMoney users the facility to Open Jio Payments Bank Saving Account for free with OTP verification. There are commendable steps taken by Reliance Industries Limited to build a cashless society in which the State Bank of India also participates. Every Jio and Non-Jio consumer can avail of this facility by using a PAN card number and Aadhaar number.
How To Opening Jio Payment Bank Saving Account
Step 1: You have to download and install the JioMoney App on your Android device from the Google play store.
Step 2: As the next step, you will have to sign up for the account and enter the Aadhaar and PAN card details for the full account setup.
Step 3: Now set your 4 digits secret PIN and your Jio Money account is ready for use.
Step 4: Download the MyJio app, if you already have it then update it first.
Step 5: To open a Jio Payment Bank account, you need to visit directly to the Jio payment bank page without an open the MyJio app.
Step 6: Moving ahead, make click on “UPGRADE NOW” and it will automatically redirect to MyJio App.
Step 6: There you need to click on the ‘Let’s Get Started‘ button.
Step 7: Select the mobile number which is registered with the jio money wallet and after device verification set 4 digit mPin.
Step 8: On MyJio App HomePage, Click on the ‘Upgrade To Jio Payment Bank Saving Account‘ banner which is located under the Bank tab.Step 9: There you need to fill in your 16 digit Aadhaar identification number and verify it through OTP.
Step 10: At last, provide your PAN card details and agree to all the terms.
Step 11: Once you submit your details correctly, your account will be opened within 72 hours upon review.
Best Features Of Jio Payment Bank Saving Account
You can avail of many features with this saving account.
- The entire process of opening a Jio Payments Bank account will be paperless.
- Jio Payment Bank has more than 70000 outlets across India to withdraw money.
- Like Paytm, a bank account does not require a Jio mobile number.
- Jio Payment Bank does not charge any fee to reactivate an inactive account.
- Through Jio Payment App, you are able to perform functions like money transfers, unpaid bills, and recharge in any bank.
Read Faqs before Opening Jio Payment Bank A/C
Q.1 who is qualified to hold a jio installment financial balance?
Ans: Any Indian inhabitant over 18 years old can open a Jio Payments Bank account.
Q.2 What is the base parity I have to keep in my Jio Payments Bank account?
Ans: There is no base parity necessity for the Jio Payments Bank account.
Q.3 Are there any charges/fees for utilizing my Jio Payments Bank account?
Ans: There are no charges or expenses for your Jio Payments Bank account.
Q.4 Are there any punishments if the record is latent?
Ans: No. There are no punishments if the record is latent.
Q.5 What are the ID proofs required for opening a Jio Payments Bank account?
Ans: You simply require an Aadhaar Card and PAN Card to open a Jio Payments Bank account.
Q.6 Would I be able to connect another ledger to my Jio Payments Bank account?
Indeed, you can connect your ledgers utilizing UPI or a Debit/Credit Card.
Q.7 How secure is my Jio Payments Bank account?
Ans: Your Jio Payments Bank account is shielded from unapproved access by requiring a secret word and mPIN to get to your record. This guarantees your record is secure regardless of whether you lose access to your telephone.
On the off chance that you are executing at any of our outlets, you should validate utilizing your unique finger impression, which will forestall any sort of unapproved access to the account.
Our IT frameworks are PCI DSS consistent, which guarantees that your information is put away safely.
Q.8 Is my cash safe on the off chance that I lose my telephone?
Ans: Truly, your cash is constantly sheltered with Jio Payments Bank, regardless of whether you lose your enrolled versatile number since no one but you can get to your record through your own biometric or M-Pin subtleties.
Q.9 Would someone be able to pull back cash from my Jio Payments Bank account if that individual knows my record and portable number?
Ans: No. No one but you can get to your record through your own biometric or M-PIN subtleties.
Q.10 From where I can get a UPI Handle for my Jio Payments Bank account?
Ans: When you open a Jio Payments Bank account, you will get a UPI handle. You can characterize your own UPI handle while opening your record.
Q.11 Would I be able to pull back cash from any Jio Point or do I have to visit the home outlet?
Ans: You can pull back cash from any of the Jio Points across India.
Q.12 Is it important to have a Jio number to open a Jio Payments Bank account?
Ans: No. You can open a Jio Payments Bank account even without a Jio number.
Q.13 Is it important to have a cell phone for working on my Jio Payments Bank account?
No. You needn’t bother with a cell phone to work Jio Payments Bank account. You can manage an account with us at any of our outlets.
Q.14 I have a Jio Payment s Bank Saving record. Will I be given a Debit Card?
Ans: No charge card will be given by Jio Payments Bank.
Q.15 Is there a Customer care number, where I can call to freeze my Jio Payments Bank account?
Ans: Truly. You can freeze your record by calling us at 1800 891 9999 (toll-free)
Finally, I would like to say that there is a fixed limit of depositing a maximum of 2 lakh rupees within one year of opening an account in jio payment bank, which is not very profitable for large investors as well a 4% interest rate simple savings. However, in this digital age, the modernization of the country is an important step by Jio.