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  1. 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.

  2. You can make recharges, pay bills, transfer money and much more from your Jio Payments Bank account through your MyJio App or by visiting a Jio Payments Bank outlet nearest to you.

  3. Download MyJio app to use Jio Payments Bank.

  4. 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.

  5. 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.

  6. 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.

  7. Feb 15, 2024 · Paytm News: The central bank had slapped a penalty of Rs 1 crore on Airtel Payments Bank in 2018 over flouting KYC norms and a Rs 1 crore fine on Jio Payments Bank for non-compliance with RBI directions on timely submission of application for re-appointment of MD and CEO.

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