There is a big setback for customers. Reliance Jio alert to his customers, that the company is shutting down its one service. After February 27 Jio,s Jio Money Mobile Wallet will be closed.

Jio has provided this information to the customers through SMS. The company says that from February 27, mobile wallet will be banned from transferring money to the bank. This decision has been taken after the RBI guidelines.

In the information given by Jio Money, It has said that according to the Guideline of RBI, transfer of funds from mobile wallet to bank is being discontinued. This order will be applicable from February 27. However, Jio has said that if the customer transfers their money before this date then no charge will be taken from them. But, this transfer will be done only once. Customers can transfer money till 26th February.