New Delhi: Billionaire businessman Mukesh Ambani Reliance Group's Jio Financial Services Limited (JFSL) has launched the stable version of its JioFinance app to provide better financial services than before. The beta version of the JioFinance app was launched about 4 months ago on May 30, 2024. Since then, it has been downloaded by 60 lakh users.

Jio Financial claims that the new app has been improved based on customer feedback. The new app can be downloaded from Google Play Store, Apple App Store and MyJio.

What is special in JioFinance App?

Jio has added many new services to its financial product chain. These include facilities like loan against mutual fund, loan against property, home loan and home loan balance transfer. Jio claims that it will also provide loans at competitive rates to gain a foothold in the financial market.

15 lakh customers associated with JPBL

According to the company, about 15 lakh customers have opened savings accounts in Jio Payments Bank Limited (JPBL). Savings account in the bank can be opened digitally in just 5 minutes. A debit card will also be provided with the account and due to biometric authentication, the savings account will be more secure. Apart from this, customers will also get services like UPI payment, mobile recharge and payment of credit card bill.

Facility to get insurance in the app

Customers can also link their various bank accounts and their mutual fund holdings in the JioFinance app. Apart from this, the JioFinance app also offers several services in the field of life insurance, two-wheeler and motor insurance. JFSL is also working with international fund BlackRock to bring world-class, innovative investment solutions to customers.

Status of Jio Financial shares

Shares of Jio Financial Services Limited have been sluggish for a long time. Even today, the company's shares are trading with a slight decline. By 11.30 am, Jio Financial's shares were down 0.36 percent at Rs 342.55. However, in the last one year, Jio Financial has given a bumper return of 52.13 percent.