- By Aditya Pratap Singh
- Fri, 11 Oct 2024 02:46 PM (IST)
- Source:JND
Jio Financial Services declared on Friday the launch of a refreshed and improved Jiofinance application that offers services including credits, financial savings accounts, UPI bill settlements, top-ups, and electronic insurance. A beta version of the GeoFinance application was launched on May 30, 2024.
More than 6 million users have tested Geo Financial Services Limited's (JFSL) new-age electronic platform, and the valuable client feedback obtained has improved the overall client experience of the application. It was useful. The new application is currently available on the Google Play Store, Apple App Store, and MyGeo and is said to have a lot of intriguing offers.
"A wide array of financial products and services have been added since the Beta launch, including loans on mutual funds, home loans (including Balance Transfer), and loans against property. These loans are available at competitive terms and will offer substantial savings for our customers," JFSL said in a statement.
On the financial savings front, Jio Payments Bank Limited's (JPBL) Electronic Financial Savings Account, which can be opened electronically in 5 minutes, is reportedly providing biometric confirmation and a protected bank account with a physical debit card.
More than 1.5 million clients utilize their JPBL accounts to manage their regular, recurring expenses. It additionally said that features like seamless UPI settlements, portable top-ups, and the capacity to settle credit card bills are empowering clients to carry out exchanges electronically with effortlessness.
The Geofinance application additionally gives clients an overall perspective of their mutual fund holdings and various bank accounts, helping them oversee their accounts all the more viably. Furthermore, it said the Geofinance application electronically offers 24 protection plans covering a far-reaching arrangement of life, well-being, two-wheeler, and motor protection.
JFSL is likewise working with its joint endeavour accomplice BlackRock towards bringing world-class and inventive speculation answers for clients.
"We are well on our way towards becoming a trusted financial companion for the people of India, helping them fulfil their aspirations with our comprehensive suite of financial products," JFSL Managing Director and CEO Hitesh Sethia said.
(With Agencies Input)
