JioFinance app now available for Android, iPhones: UPI, insurance and list of services offered

Jio announced that it is ‘new and improved’ JioFinance The application is now available for download. Launched in beta version in May this year, the application aims to be “a unique destination” for financial services. The app is available on the Google Play Store for Android, Apple App Store for iPhones and MyJio with a wide range of offers.
According to Jio, more than six million users have tried it Jio Financial Services Ltd(JFSL), and the company improved the app’s overall user experience based on customer feedback.

List of services offered by the JioFinance app

The telecom giant also claims that the app now has a wide range of financial products and services added since the beta launch, including loans against mutual funds, home loans (including balance transfer) and loans against property.
These loans are available on competitive terms and will offer substantial savings to our customers, Jio claims.
When it comes to savings, Jio Payments Bank Ltd. (JPBL) Digital Savings Account, which can be opened digitally in less than 5 minutes, offers a secure bank account with biometric authentication and physical debit card.
According to the company, there are more than 1.5 million customers who manage their routine and recurring expenses through their JPBL account. Additional features of the app include UPI paymentscell phone recharge and possibility of paying credit card bills.
The JioFinance app also gives customers an insight into their holdings across different bank accounts and mutual funds, helping them manage their finances better.
Additionally, the JioFinance app brings up to 24 insurance plans covering a comprehensive suite of life, health, two-wheeler and auto insurance digitally.
JFSL, together with its joint venture partner Black Rock are also working to bring innovative, world-class investment solutions to clients.
Hitesh Sethia, managing director and CEO, JFSL, said the venture’s mission is to democratize access to convenient financial services by leveraging technology. He said that the JioFinance app is truly made in India and many more new features will be launched soon.