Jio Payments Bank Offers Rs 5000 Rewards to New Savings Account Users Till 31 December 2024 All Details

Jio Payments Bank is offering festive rewards worth Rs 5,000 to customers who open a new savings account for a limited time. Rewards include coupons from brands like McDonald’s, EaseMyTrip and Max Fashion. The account opening process is fast according to the company, taking less than five minutes. The company says that opening an account is absolutely free. It does not require any Jio number and no fine is charged for inactivity. Jio had launched the beta version of Jio Finance app in May this year. The company had said that it will offer facilities like UPI, digital banking and mutual funds and loans to the people through its app.

Jio Payments Bank is offering festive rewards worth Rs 5,000 to customers who open a new savings account between December 25 and December 31, 2024. The company has said that these rewards are coupons of brands like McDonald’s, EaseMyTrip and Max Fashion.

According to the company, customers can open their account for Jio Payments Bank in less than five minutes. For this, some things have to be kept in mind, like the person opening the account should be above 18 years of age and should be an Indian resident.

To open a savings account, one must have Aadhaar card, PAN or any other valid ID. This does not require a Jio number, which means you can also register yourself through a mobile number issued by other operators like Airtel, Vi, BSNL. According to Jio, currently there is no fee for opening an account. If for some reason the account remains inactive, no charge will be levied on it. According to the bank, customers will receive a Jio UPI handle as soon as the account is opened.

Through the savings account of Jio Payment Bank, users can do things like transferring money or doing shopping.