Reliance Jio’s Payment Bank Will Soon Hit The Market With These Benefits

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At this time features are being added for payment services in all apps. That’s why Reliance Jio has stepped towards this. Reliance Jio’s payment bank will soon be started. After this banking can be easily done from mobile. Jio has also started working to make the service available for the customers.

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SBAI has given information about Jio’s work to be started through a press release. According to the media report, the RBI said that the operation of the Jio Payment Bank has begun from April 3, 2018. The RBI gave license to 11 companies, including Jio on August 19, 2015 of the payment bank. RBI said that Jio Payment Bank is the joint venture of Reliance Industries Limited (RIL) and State Bank of India. While RIL has 70 percent stake in this.

Jio users need to install the payment app to avail the services of the payment bank. After that, add the aadhar card number to link it. Update the address if the debit / ATM card is needed. After this, customer executive will come to your house for thumb impression for identity. Or you can also get verification by going to the Jio Payment Bank’s Authorization Center.

 

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The special thing is that with the help of this payment bank, anybody can open a savings account and can deposit up to one lakh rupees in their account. The debit card will be issued at the same time. Apart from this, salary accounts can also be opened in the payment bank for a business of 5-6 employees.

 

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