Jio Payments Bank Limited

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for JIO PAYMENTS BANK LIMITED which is located in Reliance Corporate Park, Ghansoli, navi Mumbai, Maharashtra, India is JIOP0000001

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any JIO PAYMENTS BANK account or to any other bank accounts, Here the first 4 alphabets JIOP indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits indicates 000001 the particular branch of JIO PAYMENTS BANK which is located in Reliance Corporate Park, Ghansoli, navi Mumbai, Maharashtra, India.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find JIO PAYMENTS BANK'S IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch > to get the IFSC code or MICR codes for JIO PAYMENTS BANK. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Jio Payments Bank Limited Branch Details

• Maharashtra

ABOUT JIO PAYMENTS BANK LIMITED:

Jio Payments bank was established back on 2018 which is owned by Reliance industries, and reliance industries got the approval from the Reserve Bank of India to start a new payments bank which is under the section of banking regulation act 1949. Jio payments bank is partnered with the State Bank of India which holds the share of 70:30 with the SBI.

And on 10th of November 2016 Jio Payments Bank was registered as a public Limited Company to set up as a Payments bank, then they became the only one of the sixth payments bank in India to start such an operation in India on 3rd of April 2018

Features of Jio Payment Bank:

• Jio payments bank don't need a minimum balance requirement for the Jio Payments Bank account.
• No debit/credit card will be issued by Jio Payments Bank
• You can open a Jio Payment Bank account even without a Jio mobile number
• Once you open a Jio Payment Bank account, you will recieve a Jio UPI to handle.
• You can have your own Jio UPI handle while opening your account.

The networth of the Jio Payments Bank is less than a Crore rupees in INR, which is lesser to hear but maybe in mere when they expand their business then it may cross the decent amount.

For further details Contact or Write to Jio Payments Bank:
ADDRESS:
5th Floor, D-Wing,
TC-22, Reliance Corporate Park,
Ghansoli, Navi Mumbai 400701,
Maharashtra,
India.
contact: 1800-891-9999.
E-mail: care@jiopaymentsbank.com