Jupiter Money – How to get Jupiter NeoBank Account – Jupiter Money Detailed Review – #JupiterMoney
Jupiter is a 100% digital banking app designed to make managing money super easy.
Open an account in 3 minutes. Earn 1% Rewards. Track all bank balances. Save for goals. Get help 24/7.
It’s a zero balance savings account, offered in partnership with Federal Bank.
Our community loves calling us India’s first neobank, which basically means a digital first & mobile banking experience.
Why Jupiter?
✔ Earn 1% Rewards on your Debit Card & select UPI payments
✔ Zero Balance Account, avoid hidden charges and maintenance fees
✔ Keep your money in an RBI-licensed bank (Federal Bank), with industry-grade security
✔ Control your VISA Debit Card from the app. Freeze or unfreeze with a tap
✔ Get lightning-fast Customer Support, 24/7. Get answers in-app, or connect to a human within minutes
✔ Upgrade to salary account and reap higher rewards
Open your account in 3 minutes
In 4 easy steps. No paperwork
→ Get an invite from an existing user, or sign up to our Waitlist to get access
→ Download the Jupiter neobank app
→ Enter your Aadhaar-linked mobile number
→ Complete your KYC online
1% Rewards on Debit Card & select UPI Payments
→ Collect 1% Rewards on domestic spends
→ Your rewards are credited instantly & never expire
→ Redeem with a tap
Saving for your Goals with Pots!
→ Create Pots for your financial goals
→ Put in as much money as you want, whenever you like
→ Withdraw anytime. This neobank comes with no restrictions
Check Balance & Credit Score and Track your Loan & Spends
→ Track balances across multiple bank accounts from a single screen
→ See the breakdown of all your spends on Jupiter Account
→ Track your mutual funds, loans, and credit score in one place
Use one UPI with multiple bank accounts
→ Link all your bank accounts to Jupiter in an instant
→ Use your Jupiter UPI ID to pay from them
→ Send or receive money in Jupiter easily
Your money is safe with us
→ We host your account in an RBI-licensed Bank
→ You get Bank-grade security that’s ISO and PCI compliant
→ Your money is insured up to ₹5,00,000
→ All of that, with the convenience of neobanking
Go ahead, switch to a better banking experience.
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FAQs
Who can use Jupiter?
Any Indian citizen above the age of 18 can open a Jupiter Savings Account.
How is a Jupiter Bank Account different from other Bank Accounts?
Jupiter offers 100% digital banking experience which is powered by Federal Bank. You can open your account online in minutes, without doing any paperwork. You get a sleek VISA Debit Card that can be controlled from the app. You can transfer money easily online via Bank transfers or UPI. You can even scan and pay at shops. Get rewarded for your spends, get insights on your purchases in real-time, and hit all your saving goals. Easily. It’s the smart new way to manage your money, without ever visiting a physical branch. Because why step out when you can do it all from your phone? 🙂
What’s the fee?
Say goodbye to hidden or unnecessary charges. Jupiter is a zero balance account that comes with ZERO fees for signing up, ZERO Forex Fee, getting your Debit Card, opening or maintaining your savings account, or not maintaining a balance. We do, however, charge transparent fees on ATM withdrawals and Demand Drafts.
Which bank accounts can I track?
HDFC Bank, Kotak Mahindra Bank, ICICI Bank, SBI, Axis Bank, Yes Bank, Bank of Baroda, PNB, Canara Bank, and CitiBank are supported. Add them on the app to track all balances on a single screen on Jupiter.
💙 Made with love by team Jupiter
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Got suggestions? Reach out to us at support@jupiter.money with ideas, feedback, love, or suggestions on how we can improve the user experience.
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We’ll soon be out with new features to make managing your money easier. Keep watching this space for advanced card controls, investments, bill payment, credit, and personalised advice.
Industry veteran Jitendra Gupta’s consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services.
Tiger Global, QED and Sequoia Capital India co-led the two-year-old startup’s Series C round, Gupta told TechCrunch in an interview. The new round values the startup at $711 million, up from about $300 million in its August Series B funding.
MUFG Bank, Japan’s largest bank, also invested in the new round, making its debut fintech backing in the South Asian market. Existing investors 3one4 Capital and Mirae Asset also participated in the round.
Launched in beta in June this year, Jupiter has established itself as a market-leading “100% digital bank” in India. The startup has amassed “just short of half a million users,” said Gupta. More than 65% of this user base actively transacts on the platform each month, he said.
“We are more than doubling transaction volume each month. We should end this month at over $60 million worth of transactions,” said Gupta, who previously co-founded CitrusPay, a fintech startup that was acquired by PayU.
Scores of startups in India are attempting to improve the banking experience in India today. Whether you are a teenager, or just out of college, or a working professional, or don’t have a credit score, there are firms that can get you a credit card and loan. But most of these services have a ceiling limit of some sort.
The fintech veteran is taking a broader approach to win customers by adding what he says is “delight” to the banking experience. And that bet appears to be working. Jupiter, which offers its customers a banking account as well as a debit card, is adding about 5,000 users each day and its burn is less than $1 million a month.
Reducing the friction customers face while engaging with their banks and an additional layer of offerings have helped neobanks make inroads in several markets in recent years. The top 20 neobanks globally have about 180 million customers, analysts at Jefferies wrote in a note earlier this month. This figure “may appear small overall, but the number is growing fast,” they wrote.
Gupta said the startup now has more than $145 million in its bank. It has yet to deploy any capital it raised from its previous round — which eventually ballooned to $50 million. Moreover, it has yet to tap nearly half of the $25 million fund it raised in its Series A round two years ago.
He said Jupiter, which employs about 300 people, is focusing on developing new services for its customers. By April, the startup plans to offer its customers a lending feature. Next year, it will also launch investment products.
“We have sufficient capital to use. We are confident to reach at least 2 million users by the end of next year,” he said.
