How to Open Instant Jio Payment Bank Saving Account: Jio launched Our Bank In all Over India. In Coming Years Jio Open Bank Branches All Over The India. It is very simple to open your Jio Payments Bank Savings Account on MyJio.
JioMoney wallet users need to provide their Aadhaar number and PAN card number by visiting the Bank tab in MyJio app, which will be authenticated through an OTP sent to the number registered with their Aadhaar card. So Hurry Up Guys. Open Your Bank Account Now
Jio Payment Bank Benefits
Official Website –Click Here
- Jio Payments Bank account enables you to do more and get more benefits. From increasing your account limit from Rs. 10,000 to Rs. 1 lakh, you even earn interest of 4% on your account balance.
- You can use your Jio Payments Bank account for all your digital banking needs like instant money transfers, paying bills, recharges, online payments and much more.
- You even get your free monthly statements, offers and SMS alerts.
- It is easy to view your transaction history directly from your MyJio app. Plus, opening your Jio Payments Bank Digital Savings Account is a paperless, fast, convenient and secure.
Requirement for Jio Payment Bank
- Any Mobile Number
- Aadhar Linked Mobile Number
- Andriod Mobile
How to Open Instant Jio Payment Bank Saving Account?
1. Click Here To Install Jio Money App
2. Sign up Your account & Complete Kyc(Any Mobile Number)
3. Than Click Here To Install My Jio App New Version
2. Now You Will See Open Jio Payment Bank Saving Account
3. Enter Your Jio Money Register Number And Procced
4. Now Set You 4 Digit mpin
5. You Will See Bank Option & Click On It
6. Enter You Aadhaar Number & Verify Your Aadhaar Linked Mobile Number
7. Tap on Agree Terms And Conditions
8. Done. You Account Will Be Open With in 72 Hours. This post is all about How to Open Instant Jio Payment Bank Saving Account.
Official News
Frequently Asked Questions
Q. How can I open my JioMoney account through MyJio?
It is very simple to open your Jio Payments Bank Savings Account on MyJio. JioMoney wallet users need to provide their Aadhaar number and PAN card number by visiting the Bank tab in MyJio app, which will be authenticated through an OTP sent to the number registered with their Aadhaar card.
Q. How long can I continue to use Jio Payments Bank services.
You can enjoy Jio Payments Bank Savings Account services for a period of 1 year from opening your account. Within this duration you can provide your biometric details to any of your nearest Banking Correspondents. You will be informed about your nearest Business Correspondents through an SMS or Email once it is available.
Q. How secure is this Aadhaar based onboarding process for Jio Payments Bank Account?
Be rest assured that we have made our systems very secure so that you can enjoy Jio Payments Bank services without any worries.
Q. I do not have Aadhaar Card/ PAN Card, how can I register for a Jio Payments Bank Savings Account?
We currently only allow registrations with Aadhaar number and Pan number. We will soon introduce Business Correspondents who will help you upgrade to Jio Payments Bank Savings Account until then you may enjoy using JioMoney wallet features.
Q. What is the eligibility criteria to open Jio Payments Bank Savings account?
OR
How can I be eligible to apply for the Jio Payments Bank Digital Savings account?
Any Indian citizen who is of age 18 years and above and is a resident of India can open Jio Payments Bank Savings Account. You can open the Jio Payments bank Savings Account through MyJio by entering your Aadhaar and PAN card number inside Bank tab on MyJio.
Q. What is the limit allowed in Jio Payments Bank Savings account?
With Jio Payments Bank Savings account, you can deposit and maintain an amount up to a maximum of Rs. 1 Lakh at any point of time. Also, you can deposit a total amount of maximum Rs.2 Lakhs within one year of account opening.
Q. What is the validity of Jio Payments Bank digital savings account?
Your Jio Payments Bank digital savings account will be valid till 1 year from the date of registration. However, within 1 year you will have to provide your biometric details to any of your nearest Banking Correspondents. You will be informed about your nearest Business Correspondents through an SMS or Email once it is available.
If for any reason you are unable to complete the biometric authentication process within a year of opening the account, your Jio Payments Bank Digital Savings account will be closed.
Q. Can I upgrade my JioMoney account to Jio Payments Bank account if my account is blocked?
Yes, you can upgrade from your JioMoney wallet account to Jio Payments Bank digital savings account. Please call at customer service 1800 891 9999 or write to [email protected] to unblock your JioMoney account. Once your JioMoney account services are active you can further upgrade to Jio Payments Bank digital Savings Account on MyJio.
Q. Can I upgrade my JioMoney account to Jio Payments Bank account of my account is Freezed? (Credit Freeze/Total Freeze customers can upgrade to JPB)
Yes, you will be able to upgrade to Jio Payments Bank account on MyJio.
Q. I’m unable to see the Bank tab in My Jio.
Please update your My Jio app to see the Bank tab in your MyJio App. If you are still not able to view the Bank tab please let us know.
Q. Can I upgrade from JioMoney wallet account to JioPayments Bank savings account from JioMoney app?
You can upgrade from JioMoney account to Jio payments bank account only through MyJio.
Q. Is my Aadhaar Number and other details fetched from Aadhaar safe?
You have nothing to worry. Your Aadhaar information is completely secure and safe with us.
Q. I have already used my Aadhaar number to open Jio Payments Bank Savings account, can I use the same Aadhaar number to create a new account?
No, you can only register for a Jio Payments Bank account using Aadhaar number and Pan number only once.
Q. I have not used my Aadhaar number to open Jio Payments bank Savings account, why am I getting an error of “Aadhaar already used’?
We are sorry, this should not have happened. We would love to check this for you. Kindly help us with your contact details on DM/PM so that we can take this up.
Q. When will my Jio Payments Bank Account be active?
It takes up to a maximum of 72 business hours for the Jio Payments bank savings account to be functional after successful completion of the registration process through MyJio app. Advisors Note: If the customer asks “How will I know if the registration is successful”? Inform : On successful registration , a registration number or ORN is generated in the App, and you receive it as an SMS notification also.
Q. I do not have a JioMoney account, can I open a Jio Payments Bank Savings account?
Currently Jio Payments Bank services are available to only select JioMoney users. We will soon make these services available to other customers too. Stay tuned with us for further updates.
Q. I do not wish to upgrade to Jio Payments Bank Savings account, can I continue using JioMoney wallet?
Yes, you can still use your JioMoney wallet through the ‘Bank’ tab in MyJio App.
Q. Unable to upgrade to Jio Payments Bank account through MyJio
Something does not seem right. We’d be happy to look in to this. Please help us with the error screenshot and your RMN via DM/PM. We’ll get back to you.
Q. What are the documents r class=”q-color”equired to open a Jio Payments Bank savings account?
To open a Jio Payments Bank digital Savings Account, all you need to is your Aadhaar and PAN Card number.
Q. Can I see the ORN Number in App?
On successful registration, a registration number or ORN is generated in the App, and you receive it as an SMS notification also.
Q. Will I be able to use my JioMoney wallet account, during the period of upgrade from JioMoney to Jio Payments Bank savings account?
Yes, you can continue to enjoy and use your JioMoney wallet service during the period of upgrading to Jio Payments Bank.
Q. What do you mean by a self-onboarding process?
Self-onboarding is a process through which you can open a digital savings account all by yourself through a mobile banking application.
Q. Can I convert my limited KYC Jio Payments Bank Digital Savings Bank account to a Full KYC Savings Bank account?
Yes, you need to convert your Jio Payments Bank Digital Savings Account within one year. Your Jio Payments Bank digital savings account will be valid till 1 year from the date of registration. However, within 1 year you will have to provide your biometric details to any of your nearest Banking Correspondents. You will be informed about your nearest Business Correspondents through an SMS or Email once it is available.
Q. Is it compulsory to convert the Jio Payments Bank digital Savings Account to regular Savings Bank account?
Link to FAQ – What is the validity of Jio Payments Bank digital savings account?
Q. Can I have more than 1 Jio Payments Bank saving account?
Sorry, one Aadhaar and Pan card number can be used to open only one Jio Payments Bank Savings Account.
Q. How is the interest calculated on the digital savings account?
Interest will be accrued on the balance amount in your Savings Bank Account at the End of the day and payment will be made at the end of the month. The pay out of the interest will be made to your Jio Payments Bank account at the end of every quarter.
Q. On what basis is the interest calculated?
Interest is calculated on the balance amount in your Savings Bank Account at the End of the day.
