Jio Payments Bank lets you manage a savings account from your phone with just a few taps. Here is how to open one, who can apply and what you get.
There are two ways to open an account.
Method 1: Through the Jio Payments Bank app
- Install the Jio Payments Bank app from the Play Store or App Store.
- Open the app and go to the Bank tab.
- Tap Open an account and choose a savings account.
- Complete KYC. This includes Aadhaar verification with an OTP and a photo for verification.
- Set your MPIN when the app asks for it.
- Verify your email and mobile number.
Once these steps are done, your account is ready to use.
Method 2: At a Jio Payments Bank store
- Find the nearest outlet, either from the app or by searching online.
- Tell the executive you want to open a savings account.
- Give your KYC documents, such as your Aadhaar and your mobile number. Your PAN is needed if you plan large transactions.
- Enter the OTP sent to your registered mobile number.
- The executive will help you fill in the form.
After your documents are verified, you can start using the account.
Eligibility
- You must be 18 or older.
- You must be an Indian citizen.
- Aadhaar is needed to open the account, both online and offline.
- PAN is required for higher-value transactions.
Main features
- Easy access. Check your account and make transactions in a few taps.
- Zero balance. You do not need to keep a minimum balance to keep the account active.
- Bill payments. Pay various bills from the app, and cashback offers may be available.
- Statements. View your bank statement in the app, so there is no need to stand in a queue at a branch.
Requirements, limits and offers can change, so check the latest details in the app before you apply.
