Reliance Jio Payment Bank Going to Launch Soon in India

Reliance Jio Payment Bank

Reliance Jio Payment Bank, Jio Payment Bank, Jio Payment Bank Details; Yesterday (1st December 2016), in one of the most tremendous day for Reliance Jio SIM Card users. Finally, Mukesh Ambani packed up all the growing rumors regarding an another Welcome offer & told that all Jio Users will get Jio Happy New Year Offer and old users will auto migrated to this offer, no meed to buy or get another Jio SIM card.

After extension if this offer, we have got news that Reliance Jio might be launch Jio Payment Bank soon in India, to provide excellent services & to compete with Airtel Payment Bank.

Reliance Jio Payment Bank

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Jio Payment bank Launching Soon

You might have heard the speech of Mukesh Ambani were he thanked our honorable PM Narendra Modi, for his support and step towards making India digital.

We already seen that Reliance Jio is promoting Jio Money app for payments, which shows Jio is very excited to make this India Digital.

In order to do this, they are also planning to launch Jio Payment Bank in India soon.

According to sources, in August 2015, RBI (Reserve Bank of India) granted permission to 11 companies to offer conventional banking service & Reliance Industries is one of them.

So, it might be possible that we will see Jio Payment Bank soon in India.

Payment Bank are revamped for of Banks which can accept a monthly deposit of INR 1 lakh currently. These banks can’t issue credit cards or provide loans to customers.

Airtel got the opportunity to being a first payment bank of India, may Reliance Jio will be the second. First payment bank is in Rajasthan by Airtel, getting handsome number of saving accounts in it.

Reliance Jio Payment Bank In India: Launch Date

Well, it is not clarified that when Jio would be going to launch their first payment bank but it will be announced soon as per news. It not looks so rumor, may will be launched soon in India.

Note: We will update on our site, when their first Payment Bank goes live in India.

Tags: Reliance Jio Payments Bank, Jio Payment Bank in India

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