Archive · 22 Sep 2025
Jio Payments Bank Launches Savings Pro for HNIs
Jio Payments Bank has introduced a new savings account called Savings Pro, designed for people and businesses with lots of money.
It promises returns of up to 6.5% per year.
This account puts any extra money into overnight mutual funds.
These funds invest in safe, short-term investments.
It's like a regular savings account but with a chance to earn more money.
You can easily access your money whenever you need it, and there are no fees.
Jio Payments Bank launched the Savings Pro Account.
The account targets High Net Worth Individuals (HNIs) and businesses.
It offers potential returns of up to 6.5% annually.
Surplus funds are invested in overnight mutual funds.
The account integrates with the Jio Payments Bank app and features high liquidity.
- Who
- Jio Payments Bank
- What
- Launched the Savings Pro Account
- When
- Not specified
- Where
- Jio Payments Bank mobile app
- Why
- To offer a savings account with higher returns and growth potential for HNIs and businesses.
Benefit
Risk
Interest Rates
Benefit
Higher interest rates than a typical savings account
Risk
Market risk associated with mutual fund investments
- Company
- Jio Payments Bank
- Product
- Savings Pro Account
- Target Audience
- High Net Worth Individuals (HNIs) and Businesses
- Returns
- Up to 6.5% annually
- Investment
- Surplus funds in overnight mutual funds
- Features
- No Fees & Minimum Balance
- Liquidity
- High
