 "Jio Financial Services Limited")
The new app is currently available on Google Play Store, Apple App Store and MyJio and offers a wide range of attractive products. (Source: File photo)
Jio Financial Services on Friday announced the launch of the new and improved JioFinance app, which offers various services such as loans, savings accounts, UPI bill payments, recharges, digital insurance, and more.
The beta version of the JioFinance app was launched on May 30, 2024. Over 6 million users have experienced Jio Financial Services Ltd (JFSL)’s new-age digital platform and the valuable customer feedback received has helped us improve the user experience across the app.
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“Since the beta launch, we have added a wide range of financial products and services, including mutual fund loans, home loans (including balance transfers), and real estate loans. These loans are available on competitive terms. This represents significant savings for our customers,” JFSL said in a statement.
The new app is currently available on Google Play Store, Apple App Store and MyJio and offers a wide range of attractive products.
On the savings front, Jio Payments Bank Ltd (JPBL)’s digital savings account, which can be opened digitally in five minutes, offers a secure bank account with biometric authentication and a physical debit card.
Over 1.5 million customers use their JPBL account to manage their daily recurring expenses. It further said that features like seamless UPI payments, mobile recharge and credit card bill payment facility make it easy for customers to transact digitally.
The JioFinance app provides customers with an aggregated view of their holdings in various bank accounts and mutual funds, helping them better manage their finances.
Further, the JioFinance app said it offers as many as 24 insurance plans digitally spanning a comprehensive suite of life insurance, health insurance, two-wheeler insurance and auto insurance.
JFSL, along with its joint venture partner BlackRock, is also committed to providing world-class innovative investment solutions to its customers.
Hitesh Setia, Managing Director and CEO of JFSL, said, “We are on track to become a trusted financial partner for the people of India and are proud to offer our comprehensive range of financial products. With our suites, we are helping Indian people realize their aspirations.”
(Only the headline and photo in this report may have been reworked by Business Standard staff. The rest of the content is auto-generated from a syndicated feed.)
First published: October 11, 2024 | 1:44 PM IST
