Jio Financial Services News: Jio Financial Services Limited, the financial company of Reliance Industries, has launched a new JioFinance App. Users can download this app from Google Play Store, Apple App Store and MyJio. Jiofinance app has brought many attractive offers for the users. The company has given this information in its regulatory filing.
Before the market opens on Friday, October 11, 2024, Jio Financial Services has informed the stock exchanges in its regulatory filing that the company has launched a new and improved JioFinance app, the beta version of which was launched on May 30, 2024. The company said that 6 million users have experienced this new-age digital platform of Jio Financial Services Limited and after the feedback from the customers, the company has improved the app at the request of the users.
After the launch of the beta version, a variety of financial products and services have been added to the JioFinance app including loan against mutual funds, home loan including balance transfer and loan against property. The company said that these loans are very attractive and our customers will get huge savings.
The company said that on the savings front, a digital savings account can be opened on Jio Payment Bank Limited in just 5 minutes. The company is offering secure bank accounts through biometric authentication and physical debit cards. 1.5 million customers are managing their daily and recurring expenses on Jio Payment Bank Limited. Apart from this, UPI payment, mobile recharge, credit card bill can also be paid.
On the JioFinance app, users will be able to see all their mutual fund holdings along with their holdings in different banks, so that they can manage their finances in a better way. Apart from this, the company is offering life, health, two-wheeler and motor insurance digitally. The company said that Jio Financial in collaboration with BlackRock is working on world class innovative investment solutions.
After this news came out, the share of Jio Financial Services is trading at Rs 344 with a rise of 0.07 percent.
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