Jio Financial Services Ltd has announced that it will launch the JioFinance App in beta mode. This app will be updated to include home loans and loan solutions such as loans on mutual funds.
What will the JioFinance app do?
The JioFinance app will introduce innovative solutions to digital banking and daily finances. The app also has a user-friendly interface. According to a press release from the company, the JioFinance app will offer integration of digital banking services, including UPI transactions, bill payments and insurance advisory.
A company spokesperson, while talking about the app, said, “We’re excited to introduce the ‘JioFinance’ app to the market. A platform that shall aim to redefine the way individuals manage their finances today. Our end goal is to simplify everything related to finance in a single platform for any user across all demographics, with a comprehensive suite of offerings like lending, investment, insurance, payments and transactions and make financial services more transparent, affordable and intuitive.”
Key features of the JioFinance app
The JioFinance app will help the users to open digital accounts instantly and will also allow them to access banking services immediately. The “Jio Payments Bank Account” feature will provide streamline management of bank accounts within the app. Bill settlements and UPI transactions are made easy for everyday financial transactions with the help of this app. Additionally, the app offers insurance advisory. It can also provide expert guidance on insurance products so that comprehensive financial planning is ensured. While providing a variety of features this app also strongly emphasizes trust, relevance and transparency.
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