Whether you’re looking to save for something special in the future, manage your money more efficiently, or just want a hassle-free banking experience, Jio Payments Bank has made it easier than ever. The process of opening a bank account is quick, simple, and completely online.
In this blog, we’ll walk you through exactly how you can open a savings account online, explore its key features, and answer some common questions.
Step-by-step guide to opening a Savings account online
To open a savings account online with Jio Payments Bank is not only easy but also stress-free. Let’s break it down step by step:
1. Install JioFinance App
To begin, download the JioFinance App from Google Play Store (for Android) or the Apple App Store (for iPhone users). It’s free, and once installed, this app becomes your gateway to easy digital banking. Make sure your internet connection is stable because the whole process is online.
2. Get two-step verification
Once you’ve downloaded the app, register using your mobile number. After registration, remember to enable two-step verification. This extra layer of security ensures your personal and financial details are protected throughout the process.
3. Select the Savings account type
After logging in, take your time to review different account options, including features like interest rates and zero-balance options. It’s important to select the account that best suits your needs, whether you’re looking to save in the short term or the longer term.
4. Click on “Savings account”
Once you’ve decided on an account type, tap on the “Savings Account” option. It will direct you to the application form, where you’ll fill in your details.
5. Provide Aadhaar and PAN Information
Aadhaar and PAN details are required for KYC and identity verification. This step is necessary to comply with government regulations and ensure the security of your account.
6. Complete Selfie verification
After entering your Aadhaar and PAN details, you’ll proceed to selfie verification. Simply use your smartphone camera to take a clear selfie. Ensure you are in a well-lit area, your face is centred, and there are no obstructions like sunglasses or hats.
7. Fill in personal details
Next, provide some personal and financial details such as your marital status, parent’s name, occupation, source of income, and annual income. This step helps the bank customise services and ensures your profile is complete.
8. Set-up account preferences
Choose additional features like a debit card and add nominee details. If you’re unsure, you can always update these details later.
9. Review and confirm details
Please take a few minutes to review the information you’ve provided. Even small errors can cause unnecessary delays, so it’s important to ensure that everything is accurate.
10. Complete the video KYC
Next, you’ll complete a quick video call with a bank representative to verify your identity. Keep your PAN card ready, and ensure you have a stable internet connection for the call.
11. Submit the application
Once you have completed all the steps, hit the submit button. The bank will review your application and inform you once your account is approved.
12. Access your account
Once your account is approved, you can start using it right away—deposit money, transfer funds, and explore all the banking features right from the app.
Now that you know how to open a savings account online, let’s learn what makes Jio Payments Bank stand out.
Key features of Jio Payments Bank Savings account
Here are some of the key features that make opening an account with Jio Payments Bank a smart choice:
- Zero balance account option
Unlike many traditional banks, Jio Payments Bank offers a zero-balance account. It is perfect for students, young professionals, or anyone who wants a flexible banking option without the stress of maintaining a minimum balance.
-
Attractive interest rates on savings
Your money grows effortlessly with competitive interest rates. Jio Payments Bank ensures that your savings work for you, whether you’re looking to save for short-term goals or long-term financial growth. -
Complimentary Jio Platinum Debit Card
Enjoy seamless transactions with free virtual Debit Card and also get an upgrade to a physical card in just a few clicks. -
Customer support 24/7
Have a question or need assistance? Jio Payments Bank provides 24/7 customer support, ensuring that you always get help. Open your Jio Payments Bank savings account today and experience the future of banking in just a few clicks!