Jio is super popular sim card company in India. First time jio launched 4G connection in india. Now jio giving free 5G data unlimited if you have 5G phone, you can enjoy with unlimited 5G speed.
In other hand jio launched a payment Bank. Means you can hold a Jio payment bank. Using this bank any UPI apps can be run. A virtual debit card also providing by company, means you can use this debit card at any online works like shoping, bill payment etc.
What is needed to open Jio payment bank?
Well this bank run on phone or PC . A mobile number, there is not necessary it should be Jio, any companies sim can be used.
If you talk about documents then Aadhaar Card and PAN Card and very necessary aadhar should be linked with mobile number.
The process of making jio payment bank....
Install a myjio application and login using your mobile. Go to bank section and create an account. First you need to make a moon. This mpin can be used like UPI pin . So remember it and go forward.
Further more you need to go for create account. Enter your 12 digit aadhaar number and verify it with you aadhaar OTP. You can see your Aadhaar details , go ahead . You can fill nominee details. In the last step you will set time for video kyc .
Once video kyc completed , after 8 hours your account will be activated..
For more knowledge you can follow the video above..