Jio Payment Bank CSP Apply | Jio Payment Bank CSP Registration 2023

Jio Payment Bank CSP Apply. Jio is a telecom services provider company that is now working as a banking services company. Jio Payment Bank Customer Service Point is suitable for people who have a very low amount of money and want to get banking services. It fulfils all payments, banking, and financial needs of every citizen of the country.

As we mentioned earlier, Jio is a telecom services company but now it is emerging as a banking Services company. Under the Banking Regulation Act 1949, Reliance Industries got approval to establish Jio Payments Bank. After that, it partnered with the State Bank of India and started providing banking services in November 2016.

If there is no bank in small villages and towns, then you apply for Jio Payment Bank CSP and open your own Jio Payment Bank Kiosk. This payment works as other payment banks like Airtel, Aditya Birla, NSDL, Paytm, etc. You can access this bank from your smartphone. 

With the opening of the Jio Payment Bank BC Point, you can provide services like New Account Opening, Cash deposit, and withdrawal, Money transfer, and bill payments to customers.

Highlights of Jio Payment Bank CSP Apply

Article Name Jio Payment Bank CSP Apply 
Service Name Jio Payment Bank CSP 
Application Process Online 
Scheme Beneficiaries Any Indian Citizen of minimum age 18 years old
Service Objective Connect Rural areas to banking services 
Service Profit Provide Jio Payment Banking services and benefits to rural citizens

Jio Payment Bank CSP Apply Online

Jio Payment Bank Kiosk is a booth, counter, stall, or shop where customers can get every type of banking and digital service. Nowadays, a Bank is a very important thing for every person to save hard-earned money for the future. But, the problem is still some villages and towns still exist where no Bank is providing their services.

So, in rural areas, Reliance is establishing the Jio Payment Bank CSP to provide banking and digital services to every citizen. You can open your new savings account by visiting the Jio Payment Bank Kiosk. It also allows you to withdraw 500 to 10,000 rupees per day. You will get a passbook and a debit card to do money transactions easily.

Jio Payment Bank Kiosk Banking is a small Bank where customers can get any banking service without spending a lot of time. The establishment of the Jio Payment Bank BC Point was started by the RBI under the Digital India Mission to connect every Indian citizen to banks. 

With the help of Jio Payment Bank Customer Service Point, customers are opening their bank accounts and saving money.  So if you are educated and looking for business opportunities then you can apply for Jio Payment Bank CSP. 

Read More: India Post Payment Bank CSP Apply | Post Office CSP Registration

What is the Eligibility for Jio Payment Bank CSP?

You can open Jio Payment Bank Kiosk only after fulfilling the eligibility criteria for Customer Service Point.

  • Age of the applicant must be 18 years or old more
  • You should be the resident of the area where you want to open the Jio Payment Bank CSP
  • Applicants should have an educational qualification of a minimum 10th and 12th pass
  • Basic Knowledge of Computer
  • Interest in Banking services
  • Applicant should be able to manage cash
  • Any educated and interested person can apply for Jio Payment Bank CSP
  • If the applicant is a retired Government Employee, then he will easily open Jio Payment Bank BC Point
  • You should have a minimum office space of 100 to 150 sq. ft.

Documents Required for Jio Payment Bank CSP Apply

If you want to apply for Jio Payment Bank Customer Service Point, then you have to prepare some necessary documents. We have listed below the required documents which you will need for Jio Payment Bank CSP Registration

  • Aadhar Card
  • PAN Card
  • 4 passport-size photographs
  • Driving Licence
  • Residential Address Proof
  • IIBF Certificate
  • Police Verification Certificate
  • Electricity bill
  • Ration Card
  • Shop documents
  • Bank Statement

Read More: NSDL Payment Bank CSP Apply Online | NSDL Payment Bank CSP Registration

What is the Equipment necessary for Jio Payment Bank CSP Registration?

You must have the listed equipment to successfully register for Jio Payment Bank CSP.

  • Smartphone
  • A Laptop or Computer with Windows 7 OS Installed
  • SIM Card
  • Fingerprint Scanning device
  • Printer
  • Scanner
  • Web Camera
  • Good Internet WiFi Connection
  • Power Backup of a minimum of 8 hours
  • Safety drawers
  • Office space
  • A counter
  • Furniture for sitting of customers

Eligibility for Jio Payment Bank CSP Online Apply

You will need to complete the eligibility criteria to apply online for Jio Payment Bank CSP. If you will be in the category of eligibility, then you can quickly get Jio Payment Bank CSP.

  • Your age must be 18 years old or more for online application
  • Applicant should have a shop agreement of a minimum of 10 years
  • If you are an owner of the shop, then the application process will be easy 
  • You should have a minimum 12th pass if you want to apply for the Jio Payment Bank Customer Service Point. 

Read More: Fino Payment Bank CSP | How to Apply for Fino Payment Bank CSP?

What are the services provided by Jio Payment Bank CSP?

There are lots of financial and digital services that Jio Payment Bank CSP provides to customers. We have listed below all the amazing services of Jio Payment Bank

  • Cash deposit
  • Cash Withdrawal
  • New Saving account opening
  • Bank Statement
  • Money Transfer
  • International Money Transfer
  • Balance Enquiry
  • Aadhar Enabled Payment System
  • Bill Payment
  • Mobile and Dish recharge
  • Travel Ticket Bookings

How to apply for Jio Payment Bank CSP?

You can easily apply online for Jio Payment Bank CSP in just a few clicks. We have listed below the step-by-step process for Jio Payment Bank CSP Registration.

Apply Online for Jio Payment Bank CSP

If you want to open Jio Payment Bank BC Point, we have listed the registration steps below.

  1. First, visit the official website of Jio Payment Bank.
  2. After visiting, the home page of the website will open on your screen.
  3. You will get the Jio Payment Bank BC Agent Registration option, then click on it.
  4. A new page will open, now click on register.
  5. After clicking, registration will open on the screen.
  6. Enter your all details carefully in the form.
  7. After entering the details, click on the submit button.
  8. Now your Jio Payment Bank CSP Registration is completed and the Company will contact you shortly. 

Read More: Airtel Payment Bank CSP Registration | Airtel Payments Bank CSP Apply 

How Much Can You Earn in Jio Payment Bank CSP?

Jio Payment Bank BC Point doesn’t provide you with any kind of salary for the work or services you provide to the customers. But you know this is a business, so you will earn a commission on every single transaction of services you provide to the customers. 

The highest commission like 50 to 100 rupees you can get when opening a new savings account for the customer. On cash deposits and withdrawals, the commission is 0.2% to 0.5% of the transaction amount. So, by adding all commissions together, you can easily good income every month while working in Jio Payment Bank Kiosk.

Jio Payment Bank Customer Care Service

If you face any difficulty while applying for Jio Payment Bank CSP Registration, then you can contact the Customer Support team of Jio Payment Bank.

Jio payment bank customer care number:

1800 891 9999

Email: [email protected]

Conclusion

Now you know the process of Jio Payment Bank CSP Apply. There are lots of Payment banks available like Paytm, Aditya Birla, NSDL, Fino, and Jio Payment Bank. These payment banks are providing financial and digital services to customers.

Living is very tough for people in areas where no bank is situated. As we know, there are also uneducated people who visit the shops to recharge their mobile or dish TV connection. So, opening a Jio Payment Bank CSP in the areas where this kind of people exists can grow your business. 

I hope you enjoyed this post and got valuable information about Jio Payment Bank CSP Registration. If you have other queries, then ask us in the comment section.

jio payment bank account open

People Also Ask

What is the helpline number of Jio Payment Bank?

You can contact Jio Payment Bank by dialing the number 1800 891 9999.

How much do I need to invest for Jio Payment Bank CSP Registration?

The minimum investment for Jio Payment Bank CSP Registration is 2 lakh rupees.

Who can apply for the Jio Payment Bank outlet?

Indian Citizens of a minimum age of 18 years can apply for Jio Payment Bank outlet.

Can I deposit or withdraw money from Jio Payment Bank CSP?

Yes, you can do cash deposits, cash deposits, and money transfers on Jio Payment Bank CSP without filling out the form or carrying a passbook.

What are the benefits of Jio Payment Bank?

  • Zero Balance Account Opening
  • Paperless transactions
  • Quick money transfer
  • Recharge and bill payments

how do open a Jio payment bank?

To open a Jio Payment Bank account, follow these steps:

  1. Download the JioMoney app from the Google Play Store or the Apple App Store.
  2. Install the app on your smartphone and open it.
  3. Sign up using your mobile number and verify it using the OTP sent to your registered mobile number.
  4. Fill in your personal details such as name, date of birth, and address.
  5. Create a four-digit m-pin that you will use to access your account.
  6. Once you have completed the registration process, you will need to visit a Jio Payment Bank outlet or a Jio Retail store to complete your KYC (Know Your Customer) verification.
  7. Carry your original Aadhaar card or any other valid ID proof such as a PAN card, passport, or driving license for verification.
  8. After your verification is complete, your Jio Payment Bank account will be activated, and you can start using it.

how can I open an account in Jio Payment Bank?

To open a Jio Payment Bank account, you can follow these steps:

  1. Download the JioMoney app from the Google Play Store or the Apple App Store.
  2. Install the app on your smartphone and open it.
  3. Sign up using your mobile number and verify it using the OTP sent to your registered mobile number.
  4. Fill in your personal details such as name, date of birth, and address.
  5. Create a four-digit m-pin that you will use to access your account.
  6. Once you have completed the registration process, you will need to visit a Jio Payment Bank outlet or a Jio Retail store to complete your KYC (Know Your Customer) verification.
  7. Carry your original Aadhaar card or any other valid ID proof such as a PAN card, passport, or driving license for verification.
  8. After your verification is complete, your Jio Payment Bank account will be activated, and you can start using it.

how to create Jio payment bank?

Jio Payment Bank is already created and is a fully functional bank in India. As a user, you can create an account by following the steps mentioned in the previous answers. However, if you are looking to create a payment bank like Jio Payment Bank, it requires a lot of legal and regulatory requirements, infrastructure, and technology support. It is not something that an individual can do on their own.

To create a payment bank, you will need to follow the guidelines set by the Reserve Bank of India (RBI) and obtain the necessary licenses and approvals. The process involves the creation of a company, getting a board of directors in place, and getting the requisite infrastructure and technology in place. Additionally, you will need to have a strong understanding of the banking and financial sector, along with the necessary funding to set up the bank.

how do I open a Jio payment bank account?

To open a Jio Payment Bank account, you can follow these steps:

  1. Download the JioMoney app from the Google Play Store or the Apple App Store.
  2. Install the app on your smartphone and open it.
  3. Sign up using your mobile number and verify it using the OTP sent to your registered mobile number.
  4. Fill in your personal details such as name, date of birth, and address.
  5. Create a four-digit m-pin that you will use to access your account.
  6. Once you have completed the registration process, you will need to visit a Jio Payment Bank outlet or a Jio Retail store to complete your KYC (Know Your Customer) verification.
  7. Carry your original Aadhaar card or any other valid ID proof such as a PAN card, passport, or driving license for verification.
  8. After your verification is complete, your Jio Payment Bank account will be activated, and you can start using it.