To provide simplified banking services to every Indian, NSDL the first and largest depository in India, step ahead and commenced NSDL Payments Bank operation, the wholly-owned subsidiary of National Securities Depository Ltd (NSDL) – a new way of DIGITAL BANKING.
NSDL Payments Bank offers different types of Savings Accounts with up trending features and benefits. Jiffy Savings Accounts are tailored to meet the need of managing money more conveniently.
NSDL Jiffy is the face of NSDL Payments Bank. It enables us to perform quick, smooth and secure transactions. This is accessible to everyone, from anywhere.
NSDL JIFFY goes through multi layered secured process, through MPIN & OTPs. It is a 100% paperless online Aadhaar based account opening. No manual KYC required. Experience a safe and quick banking, effortless transactions, automated bill payments, quick recharges, digital debit cards and many more all in a single app – NSDL Jiffy. It had also included NEFT Fund Transfer System with the NSDL IFSC Code.
Key Features:
• Instant Account Activation
Activate your account instantly with our fully digital safe and secure account activation process
• Zero Balance A/C
Get ZERO balance account for lifetime
• Free Virtual Debit Card
Get digital RuPay or Visa Debit Card instantly on opening your account and start making online purchases.
• Earn Interest Every Month
Earn an interest of 4% per annum paid quarterly on your saving balance account.
• Timely Bill Payments in a Jiffy
Never miss the due dates of your bills. Pay your bills on time using NSDL Jiffy App. Also, you can set-up auto pay for your monthly/regular bills
• Free Mobile Banking Service
Enjoy banking anytime, anywhere from your smartphone with NSDL Jiffy App., without going to the bank branch.
Install NSDL JIFFY app and open a bank account, within few minutes, in just few clicks.
Rejoice the experience of digital banking with NSDL Payments Bank. Manage your money in a prudent way than any other payments applications.
Follow the below process and open a bank account now.
1. Install NSDL JIFFY App
2. First enter your mobile no. (check if your aadhar card is linked with your mobile no.).If yes, then you will be able to open a bank account within few minutes through NSDL Jiffy App
3. Create Profile – Along with your mobile no.all the details will get displayed on the screen. Click to ‘NEXT’
4. Create MPIN
5. After creating MPIN, you got registered with NSDL Payments Bank. Click to ‘PROCEED’
6. Enter your Pan no. and set a display name in your virtual digital debit card.Click to ‘Proceed’.
7. Select OTP based EKYC.Accept the terms & condition and SUBMIT.
8. Give Adhaar no. and submit. An OTP will be send to your registered Adhaar mobile no.
9. Fill up the required fields as per RBI KYC Guidelines
10. Select a digital debit card – proceed & e-sign –
11. Finally give the OTP and your account will be opened successfully.
*Login to NSDL Jiffy with the MPIN and continue with your Digital Banking services.
If you have a question, share it in the comments below or DM us or call us – +91 9051052222. We’ll be happy to answer it.
– Satarupa Dutta
