Jio Payments Bank Limited

Jio Payments Bank Limited a wing of the Reliance group partnered with the State Bank of India to support this ambitious vision to have a payments bank in Nov 2016. We offer simple and effective banking solutions like Savings Accounts, Funds Transfer, Loans, Investments, Bill Payments, Interest facilities, Digital Payments, Email alerts, S M S alerts, E statements, UPI, Recharge facilities as well in India.

Factsheet of Jio Payments Bank Limited
Bank NameJio Payments Bank Limited
Founded inApril 3, 2018
Promoters/foundersShri Mukesh Ambani
Headquarter Address

Jio Payments Bank Limited
3rd Floor,
Maker Chambers IV
222, Nariman Point
Mumbai---400021
Maharashtra

Employee'sNA
Type of BankPayments Bank
Official Websitehttps://www.jiopaymentsbank.com/
Customer Care Number18008919999

History of Jio Payments Bank Limited

Jio Payments Bank Limited is one of the largest Indian Payments Bank and it is controlled by the Reliance Industries Limited and we have played a vital role in order to set up a new payments bank under the Regulation Act of 1949. Furthermore, we have been partnering with the SBI to support the process of building the Payment Bank Capabilities for each and every Indian. It is a new banking system that has come into force over the years. 

Jio Payment Bank got the license to run a payment bank from RBI on August 19, 2015 under the Banking Regulation Act and November 10, 2016 we became a public limited company to launch a payment bank enterprise. The best part of Jio Payment bank is there is limited interest charges and the banking services are like the Wallet Systems, Digital Wallet, and Mobile Banking. The Reliance Industries has got 70% share and State Bank of India has got 30% share in this bank. It is one of the Indian Payments Bank that started operating in 2018 and is owned by the Reliance Industries.

Mr. Vivek Bhandari is the Chairman and Mr. Srikrishnan H is the MD and CEO of the Jio Payments Bank Limited. 

Banking Services offered by Jio Payments Bank Limited

Jio Payments Bank Limited is the largest payment solution provider and some of the services are as follows:

  • Email Alerts.
  • UPI Facilities.
  • Savings Account.
  • Mobile Banking.
  • Pay Utility Bills.
  • Internet Banking.
  • Online Shopping.
  • Digital Payments.
  • Transfer Money.
  • Doing Recharge.
  • Open Payment Services.
  • Purchase Travel Tickets. 
  • Insurance Premium Payment.
  • Domestic Transfer of Money.    

Loan and Credit Facilities offered by Jio Payments Bank Limited

There are various credit and loan facilities offered by the Jio Payments Bank Limited are given below as follows       

  • Personal Loan.
  • Education Loan.

 

Jio Payments Bank Limited has 1 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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