JioFinance App Now Available on Android and iOS, Featuring Exciting New Enhancements
Reliance’s Jio Financial Services Ltd has officially launched the JioFinance app for both Android and iOS platforms as of October 11, 2024. This launch follows a successful beta phase that began on May 30, 2024, during which over six million users provided valuable feedback to enhance the app’s offerings.
Reliance’s Jio Financial Services Ltd has officially launched the JioFinance app for both Android and iOS platforms as of October 11, 2024. This launch follows a successful beta phase that began on May 30, 2024, during which over six million users provided valuable feedback to enhance the app’s offerings.
New Products and Services
The updated JioFinance app now includes a range of new financial products and services designed to cater to various user needs. Key features added since the beta launch include:
- Loan on Mutual Funds: Users can now secure loans against their mutual fund investments.
- Home Loans: The app offers home loan options, including balance transfer facilities.
- Loan Against Property: Users can leverage their property assets for loans.
In addition to these loan services, the app allows users to open a digital savings account with biometric authentication and receive a physical debit card. Reliance claims that the digital account can be set up in under five minutes.
Comprehensive Financial Management
The JioFinance app also enables users to perform UPI payments, mobile recharges, and credit card bill payments seamlessly. Furthermore, it offers a consolidated view of users’ holdings across multiple bank accounts and mutual fund investments, providing a comprehensive financial overview.
In addition to personal finance management, the app features a selection of 24 insurance plans covering life, health, two-wheeler, and motor insurance, all available digitally.
Future Developments
Reliance is also collaborating with its joint venture partner, BlackRock, to introduce additional investment products in the near future. Hitesh Sethia, Managing Director and CEO of JFSL, expressed the company’s mission: “At JFSL, our mission is to democratise access to seamless and convenient financial services by leveraging technology. With the refreshed JioFinance app, which is truly Made in India, and with many more new features coming soon, we are well on our way towards becoming a trusted financial companion for the people of India, helping them fulfill their aspirations with our comprehensive suite of financial products.”
The JioFinance app is set to transform how users manage their finances, offering a range of services designed to enhance convenience and accessibility in the financial sector.
Conclusion
With the launch of the JioFinance app, Reliance aims to redefine financial services in India, catering to the diverse needs of users and making financial management more accessible than ever.
Sources By Agencies
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