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Open a Jio Payments Bank account and enjoy convenient banking services on your phone or at nearby outlets. Recharge, pay bills, transfer money and more.
Jio Payments Bank Limited is an Indian payments bank, it started operating in 2018 and is currently a subsidiary of Jio Financial Services, which was initially owned by Reliance Industries but was listed separately on stock exchanges in 2023.
Do recharges, pay utility bills, shop online, purchase travel tickets and much more. Get digital phone app and Aadhaar based banking facilities with your Jio Payments Bank Account. Earn high interest rate of 3.5% p.a. right from first rupee of your deposit.
As of 2024, the Jio Payments Bank follows a daily UPI transaction limit for its customers. Users can send a total of ₹100,000 per day, with each transaction capped at ₹100,000. Furthermore, customers are restricted to a maximum of 20 transactions per day.
Jio Payments Bank offers an attractive interest rate of 3.5% per annum, payable quarterly per annum on its savings accounts, which is higher than most other payments banks in the country.
Created with the sole intention of revolutionising payments, our payment solution facilitates quick and simple transactions. Using this feature, merchants can accept payments from all digital modes including cards, UPI, Netbanking, Wallets, Bill Now, Pay Later, and more.
Mar 4, 2020 · Jio Payment Bank aims to handle the payment needs, digital recharges and settlement services to over 380 million subscribers of Jio, Reliance’s telecommunication subsidiary.
