Jio Financial Services announced the launch of new JioFinance App which offers several services, including loans, savings accounts, UPI bill payments, recharges, and digital insurance.
Another Masterstroke by Mukesh Ambani: What can be seen as Reliance chief Mukesh Ambani’s next masterstroke is that Jio Financial Services announced the launch of the new and improved JioFinance App, which offers an array of services. These services include loans, savings accounts, UPI bill payments, recharges, and digital insurance. This app will be available on both the Google Play Store and the Apple App Store. People can also download it from MyJio.
Notably, the beta version of the JioFinance App was launched on May 30 this year. Over six million people have used Jio Financial Services Ltd’s (JFSL) new-age digital platform. The company has improved the app by taking feedback from customers.
The company has introduced several services for its customers including, house loans, loans against property, balance transfers for home loans, loans against mutual funds, to make the app more user friendly.
The business is gearing up to provide loans to customers at competitive rates in order to get traction in the financial sector.
“A wide array of financial products and services have been added since the Beta launch, including loans on mutual funds, home loans (including Balance Transfer), and loans against property. These loans are available at competitive terms and will offer substantial savings for our customers,” JFSL statement stated.