Zero Balance Account: NSDL Payment Bank Account Opening Offer 20 June 2022 Lifetime 0 Balance Bank Account

Zero Balance Account: NSDL Payment Bank Account Opening Offer 20 June 2020 Lifetime 0 Balance Bank Account

BANKING MADE EASY – JUST IN A JIFFY. NSDL Jiffy makes your everyday banking life better with simple, smart and secure products from NSDL Payments Bank.

NSDL Payments Bank commenced its operations in October, 2018 to support the initiative of providing simplified banking services to every Indian

NSDL Payments Bank is a step ahead by your very own NSDL, the first and largest depository in India, that has been simplifying your financial and investment journey for more than 2 decades

You can become an Authorized Domestic Money Transfer Agent by a nominal investment. you can open unlimited bank account for your customers and earn good margins. Safe & Secure Transaction. Send Money Instantly. Instant Confirmation. |

Open a bank account – within a few minutes, in a few clicks. What’s more? Get a free digital debit card. Instantly link your new bank account to any UPI App.

Rejoice the experience of digital banking with NSDL Payments Bank. Manage your money in a prudent way than any other payments app.

NSDL Payments Bank, a 100% subsidiary of NSDL, is an RBI approved Payments Bank. NSDL Payments Bank provides Savings Accounts, Current Accounts, Payment Services, Prepaid Cards, Money Transfer services and more within India.

Experience safe and quick banking, effortless transactions, automated bill payments, quick recharges, digital debit cards and many more all in a single app –NSDL Jiffy.

Table of Contents

Features of NDSL Payment bank:

100% paperless online Aadhaar based account opening. No Manual KYC required.
Get digital RuPay or Visa Debit Card instantly on opening your account and start shopping online
Request for a physical debit card. And use it at ATMs, merchant PoS or for online shopping / payments
Pay through IMPS and NEFT payment methods to any bank account beneficiary in India
Setup your favourite beneficiaries for recurring payments
Links NSDL Payments Bank Savings Account with any UPI Payments App and do seamless UPI transactions
Make Bill Payments easily for your Postpaid mobile bill, water bills, electricity bills, gas bills, landline connections and data card
Setup Autopay for Bill Payments for reoccurring bills
Do quick recharges for your Prepaid Mobile, DTH and Data Card
Multi layered secured process, through MPIN and OTPs
Amazing offers for various categories like Online Shopping, Ordering Food, Lifestyle, Health & Beauty and more, all in your NSDL Jiffy mobile app

Payment categories NDSL Payment Bank:

Mobile Recharge
Airtel recharge, Vodafone recharge, Jio recharge, Idea recharge, BSNL recharge
DTH Recharge
Videocon DTH, Tata Sky DTH, Sun Direct DTH, Airtel DTH, Dish TV DTH
Gas Bill (In various States)
HP Gas (HPCL), (In various States)
Electricity Bill(In various States)

SOME RELATED QUERIES

Is NSDL payment Bank government or private?

Nsdl Payments Bank Limited is an Indian Non-Government Company. It’s a public company and is classified as a company limited by shares’. Company’s authorized capital stands at Rs 20000.0 lakhs and has 0.025% paid-up capital which is Rs 5.0 lakhs.

Is NSDL payment bank a zero balance account?

BSBDA is a zero-balance account offered under PMJDY (Pradhan Mantri Jan Dhan Yojana). This account can be opened only at the branches of NSDL Payments Bank.

Can I open account in NSDL?

Home : Joining NSDL : As a Investor

In order to avail of depository facilities, an investor has to open a beneficiary account with a depository participant of his choice. This is similar to opening a bank account to use the banking services.

Is NSDL payment bank approved by RBI?

NSDL Payments Bank (“NSDLPB/Bank”) received a license from RBI to carry out the business of Payments Bank in India on March 30, 2017. The bank commenced operations post approval from RBI on October 29,2018.

How do I close my NSDL account?

How to close Nsdl Payments Bank Account Savings Account? In order to close your bank account, the first step is to fill up an Account Closure Form. You can download it from bank’s website or alternatively, you can visit your home branch, get the account closure form and fill it up properly.

Which bank is promoting NSDL?

NSDL is promoted by IDBI, the National Stock Exchange (NSE), and the Specified Undertaking of the Unit Trust of India (SUUTI). The public sector lender has roped in ICICI Securities to advise and manage the process of divestment of its 12 million shares (30 per cent of NSDL’s paid-up capital)

Which broker opens account in NSDL?

In India, DP-cum-brokers like 5paisa facilitate NSDL Demat account opening.

Is NSDL a broker?

Home : Joining NSDL : As a Broker

Members of the stock exchanges are an important link between investors and the clearing house in the depository system. Securities bought or sold are routed through the clearing member account for settlement in the depository system.

CDSL’ is short for ‘Central Depository Securities Limited’ while ‘NSDL’ is short for ‘National Securities Depository Limited. ‘ Both CDSL and NSDL are depositories registered by the Indian government to hold multiple forms of securities like stocks, bonds, ETFs, and more as electronic copies. Function of NSDL and CDSL.

Is NSDL regulated by SEBI?

National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) are registered with SEBI.

How do I buy shares in NSDL?

What Is The Procedure For Selling Shares In An NSDL Demat Account

1. Open a Demat account at your bank branch or you can do it online at the finance institution’s portal.

2. You have to fill out an application form.

3. Upload your PAN and Aadhaar Cards as well as Form 16.

What is DP name in NSDL?

The DP name is the depository participant’s name. The name of the broker has to be entered in the box for DP name. Generally, the DP name is preceded by Depository, DP ID and DP account. In the depository section, you have to either choose NSDL or CDSL.