Reliance Industries’ subsidiary, Jio Financial Services, launched the new Jio Finance app on Friday.
The app is now available for download on Google Play Store, Apple Play Store, and My Jio. The beta version of this app was first introduced on May 30, 2024.
New Services After Beta Launch
Based on customer feedback from the beta version, the company has added several new services.
The Jio Finance app now offers options like mutual fund loans, home loans (with balance transfer), and loans against property.
Features of Jio Finance App
The app provides various loan services under certain terms and conditions, helping customers save money.
According to the company’s statement, users can now open a savings account through Jio Payments Bank Limited in just 5 minutes. Currently, about 15 lakh people use this service for daily transactions.
Additional Services Offered
The app also supports UPI payments, mobile recharges, and credit card bill payments.
Users can also view their holdings from other banks and mutual fund investments directly in the app.
Insurance Plans and Investment Options
The Jio Finance app also allows users to purchase life, health, two-wheeler, and motor insurance.
In addition, the company is working on improved investment plans for customers in partnership with BlackRock.
Recently, SEBI gave approval for Jio Financial Services and BlackRock to start their mutual fund business.
