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Thursday, 5 April 2018

Jio Announced Launching Jio Payment Bank on March 14th 2018

Jio Announced Launching Jio Payment Bank on March 14th 2018 

Jio Payments Bank App – Jio Launching JIO Payments Bank. So users can Create or Open Savings Accounts with eKyc Verification Online and Can Transfer Money from Jio Money app to Jio Payments bank accounts. Users also Get Jio Bank Debit/ ATM Card to get cash from ATM’s. Scroll Down to get More detailed data about Jio Bank. Stay tuned for Launch Date, Interest rates.

Jio Payments Bank App – Open/ Create Savings Account, eKyc Verification, Money Transfer
Hi Friends, Have you heard the Latest News From Jio?. Ok Fine. Jio Announced that Launching Jio Payments Bank From March 14th 2018. JIO Money Wallet will shut down and those Money will be transferred to Payments bank Account. why because Under RBI Guidelines, For Every Money wallet should verify users KYC Documents. For those Purpose jio Closes their JIO Money Wallet Services and Opening JIO Payments Bank Accounts like Paytm Bank Account, Airtel Payments bank, Aditya birla’s NSDL Payments bank & Fino Accounts.

Jio Payments Bank Limited has commenced operations as a payments bank with effect from April 3, 2018. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India.


Reliance Industries Limited, Mumbai was one of the 11 applicants which were issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015.

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