BUSINESS

Mukesh Ambani Takes Big Step: Reliance Launches JioFinance App with These features for customers, eyes massive boost in …

The company has said that Reliance has developed the new app based on the customer’s feedback. The new app will be available for download on Google Play Store, Apple App Store, and MyJio.

Reliance News: With an aim to enhance financial services, Jio Financial Services Limited (JFSL) has launched its fully developed JioFinance app. To recall, the beta version of the JioFinance app was launched around four months ago on May 30, 2024. Since then, over 6 million users have downloaded the app. The new app has been developed based on the customer’s feedback, the company said in its statement. The new app will be available for download on Google Play Store, Apple App Store, and MyJio.

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To make the app more user friendly, the company has added several new services to its financial product chain, including loans against mutual funds, loans against property, home loans, and home loan balance transfers. To establish a foothold in the financial market, the company is preparing to offer loans at competitive rates.

Approximately 1.5 million customers have opened savings accounts with Jio Payments Bank Limited (JPBL), according to the company. It is important to note that those who want to open a saving account, can do so in just 5 mins. Customers will receive a debit card with the account, and due to biometric authentication, the savings account will be more secure.

Additionally, services such as UPI payments, mobile recharges, and credit card bill payments will also be available to customers.

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Hitesh Sethia, Managing Director and CEO of JFSL, said, “At JFSL, our mission is to leverage technology to provide seamless and convenient financial services to people. The new JioFinance app is made in India, and with many new features coming soon, we are moving forward to become a trusted financial partner for the people of India.”

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