Jio Payments Bank Limited is an Indian payments bank, it started operating in 2018 and is currently a subsidiary of Jio Financial Services, which was initially owned by Reliance Industries but was listed separately on stock exchanges in 2023.

[1] On November 10, 2016, it registered as a public limited company to set up a payments bank.

On April 3, 2018, Jio Payments Bank became the sixth payment bank to commence operations in India.

[2] In March 2024, it was reported that they were working on releasing a soundbox product for merchants, which would allow them to be notified whenever a customer pays and scans the QR code on the box and then through UPI.

[3] In October 2020, the Reserve Bank of India imposed a penalty of ₹1 crore (US$115,541) on the bank for not applying for the re-appointment of Managing Director and CEO in time, under Section 35B of the Banking Regulation Act, 1949.