*this image is generated using AI for illustrative purposes only.
Jio Financial Services Limited’s (JFSL) subsidiary, Jio Payments Bank Limited (JPBL), has announced a significant change in its digital presence. The bank has updated its official website domain name in compliance with guidelines issued by the Reserve Bank of India (RBI). This move underscores JPBL’s commitment to maintaining high standards of security and transparency in the digital banking sphere.
Key Changes
- New Domain: www.jiopayments.bank.in
- Previous Domain: www.jiobank.in
Customers and stakeholders are advised to use the new domain for all official communications and to access JPBL’s online banking services.
About Jio Payments Bank
JPBL, incorporated in November 2016, is positioned as a next-generation, digital-first bank aiming to revolutionize banking in India. The bank offers a comprehensive suite of services catering to diverse financial needs:
| Service | Description |
|---|---|
| Savings Accounts | Zero-balance accounts |
| Payments | UPI-enabled transactions |
| Fund Optimization | Innovative sweep accounts |
| Money Transfer | Domestic Money Transfer (DMT) |
| Inclusive Banking | Aadhaar-enabled Payment System (AePS) |
| Bill Payments | Bharat Bill Payment System (BBPS) |
Jio Financial Services Ecosystem
JPBL is part of the larger Jio Financial Services Limited ecosystem, which includes:
- Jio Credit Limited
- Jio Insurance Broking Limited
- Jio Payment Solutions Limited
- Jio Leasing Services Limited
- Jio Finance Platform and Service Limited
JFSL has also entered into strategic partnerships:
- A 50:50 joint venture with BlackRock for asset management, wealth management, and broking services.
- A 50:50 joint venture with the Allianz Group to offer reinsurance services, pending regulatory approvals.
Digital-First Approach
JFSL is committed to enhancing the financial well-being of Indian citizens through its digital-first model. The JioFinance app offers a wide range of solutions, including:
- Loans
- Savings accounts
- UPI transactions
- Bill payments and recharges
- Digital insurance
- Financial tracking and management tools
This domain change reflects JPBL’s ongoing efforts to align with regulatory guidelines while continuing to provide secure and innovative digital banking solutions to its customers.
