HIGHLIGHTS
- The JioFinance App is available for download.
- The app offers various loan options, including instant loans.
- Users can pay utility bills and manage other payments.
Jio Financial Services Limited (JFSL) has launched its new app, JioFinance. The app aims to make digital financial services in India safer and more accessible.
JioFinance app availability
The JioFinance app is available for download in India on MyJio, the App Store, and Google Play Store. Following its beta launch, several loan-related services have been added to the app.
JioFinance app features
JioFinance app now offers loans against mutual funds, home loans, and loans against property, all at low interest rates. Additionally, users can link the app to their bank accounts. After linking, they can make UPI payments by scanning QR codes at physical stores.
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Users can pay utility bills, recharge mobile phones, make FASTag payments, and pay credit card bills through the app. The company has also stated that a digital savings account with Jio Payments Bank Limited (JPBL) can be opened in just five minutes, though biometric verification will be required for this.