Reliance launches beta version of JioFinance app to offer UPI, digital banking, loans on mutual funds
Jio Financial Services on Wednesday unveiled the beta version of Jio Finance app to offer UPI, digital banking, loans on mutual funds.
Jio Finance app's key features include instant digital account opening and streamlined bank management with the «Jio payments bank account» feature.
«This app seamlessly integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings, all in one user-friendly interface,» said the company in a press release.
It said that future plans include expanding loan solutions, starting with Loans on mutual funds and progressing to home loans.
The app will cater to users of all levels of familiarity with financial technology, «ensuring effortless money management on finger-tips.»
The app shall aim to redefine the way individuals manage their finances today, said a company spokesperson.
«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,» the spokesperson added.
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