Jio has said that it has added many services to JioFinance App, which make it different from other apps. Loan against mutual funds can be taken through Jio Finance app. Loan can be taken against property. This app is also offering the option of home loan and home loan balance transfer. The company says that to establish its foothold in the financial market, the company will provide loans at competitive rates.
Jio has said that about 15 lakh customers have opened their savings accounts in its Jio Payments Bank Limited (JPBL). This account can be opened digitally in just 5 minutes. The company is also giving a debit card along with the account. He says that due to biometric authentication, JPBL’s savings account will be more secure.
With the help of JioFinance App, users will also be able to make UPI payment, mobile recharge and credit card bill payment. All bank accounts of customers and their mutual fund holdings can also be linked in the JioFinance app. This app also provides many services in the field of life insurance, two wheelers and motor insurance.
What does the company say
Hitesh Sethia, Managing Director and CEO, JFSL, said, “Our mission at JFSL is to provide people with access to seamless and convenient financial services by leveraging technology. The new JioFinance app is made in India and with many new features coming soon, we are moving towards becoming a trusted financial partner for the people of India.