Jio Payments Bank

Deal Cadet
Jio Payments Bank
Deal Expired

    The Consumer agrees that following terms and conditions shall be applicable for opening the Account using the OTP based eKYC and Account opening -


    Any new Consumer of the Bank may open the Savings Account by following the OTP based Aadhaar verification of the Bank through the Platform.


    The Consumer agrees that the Consumer has no objection in authenticating itself with Aadhaar through the Platform and hereby gives express consent to the Bank to use the OTP (One Time Pin) received by the Consumer from UIDAI on its registered mobile number and provided by the Consumer to the Bank and the Consumer Aadhaar Number/VID for Aadhaar Based authentication for the purposes of opening the Savings Account with the Bank.


    The Consumer understand that the Consumer is sharing the OTP (One Time Pin) received by the Consumer from UIDAI with the Bank for authenticating the Consumers identity through Aadhaar Authentication system for opening the Savings Account.


    The Consumer agrees and confirms that the Consumer has not used the OTP based Aadhaar (e-KYC) verification to open any other bank account with the Bank or any other bank in India.


    The Consumer agrees to submit the Aadhaar number/VID of the Consumer with the Bank and for the purpose of opening the Savings Account voluntarily gives consent to the Bank to:

    1.Use the Consumers Aadhaar Details to authenticate Consumer from UIDAI.

    2.Use the Consumer Registered Mobile Number in the Bank records for sending SMS alerts to the Consumer.

    3.Link the Aadhaar Number to all Consumers existing/new/future accounts and customer profile (CIF)with the Bank.

    4.Use the OTP provided by the Consumer to verify the Aadhaar data and use it as e-kyc


    The Consumer hereby declare that all the information voluntarily furnished by the Consumer shall be true, correct and complete.


    The Consumer agrees that upon successful OTP validation of Aadhaar, the name of the Consumer in the Account will be the same name as appearing in the Consumers Aadhaar data.


    The OTP account opening process is not available for existing Bank customers.


    Consumer will have restricted access to the Savings Account till KYC is completed subject to satisfaction of the Bank.


    The Consumer gives consent to the Bank to fetch Consumers demographic details and other Aadhar details from Unique Identification Authority of India (UIDAI), using OTP authentication which will be used for KYC purposes. The demographic details include name, DOB, Father’s Name, gender, address and photograph etc. The Consumer further consents to the Bank to fetch the Consumers contact details from UIDAI which includes the contact number and email ID.


    Consumer authorizes Bank to link the Aadhar number provided by the Consumer with the Savings Account opened by the Consumer. The Consumer herewith understands and agrees that this data will be shared with any government department and / or regulatory authorities. The Consumer might receive direct transfer of subsidies/benefits in the Savings Account a) subject to the condition that the Savings Account is the primary account of the Consumer seeded with Aadhaar subject to applicable laws and at the discretion of the government/legal/regulatory authority b) the Consumer gives the express consent to the Bank to receive the direct Benefit transfer of subsidies.


    The Consumer herewith agrees that the Bank shall have right to reject the Consumers application for opening Savings Account without assigning any reason. The Bank shall have right to retain the documents / Photographs and any other documents and information of the Consumer submitted by the Consumer on the Web app or otherwise even if the Consumers application is rejected.


    The Consumer authorizes Bank to share his/her mobile number and address with the respective phone/mobile operator to verify customer’s address at any point of time.


    The Consumer agrees that the OTP based Savings Account shall be valid only for the period of 12 months from the date of opening the Savings Account. The Consumer shall have to complete the biometric authentication by providing Consumers biometric details within 12 months of opening OTP based Savings Account by visiting the Business Correspondent location of the Bank or by requesting a visit from the Bank representative for the same.


    The Consumer agrees that failure to complete biometric KYC verification within 12 months will lead to the Consumers Savings Account being closed by the Bank without any notice to the Consumer and the Consumer may withdraw the funds if any in the Savings Account and/or use his Savings Account for any transaction only upon completion of biometric verification process as prescribed by the Bank.

    Expired 10 months
    4 Dimers
    Deal Cadet

    There is no option of “bank” in myjio app (already updated)
    How to open the bank account ?

    Tech Guru

    Looks useless like closed Aditya birla bank

    Deal Cadet

    How to add money into this bank?
    Will it allow to use Prepaid card of wallets (like Airtel PB or Kotak, now they stopped) ?