Whenever Mukesh Ambani does something, he completely dominates the market. Last year, it listed Jio Financial Services separately on the stock market from Reliance Industries. Now this company has launched a new app, where customers will get all the services related to the bank. With the help of this app, customers can do everything from UPI payments to taking loans or investing in mutual funds.
Jio Financial Services has launched a new 'Jio Finance App' on Thursday. Now the beta version of this app has been launched. Currently this app has been launched on experimental basis. Once the flaws, bugs etc. are found in the app, it will be fully launched.
The Jio Finance app will actually be a mobile bank in the hands of people. Here customers will get almost all digital banking services. In which facilities like UPI payment service, transaction, bill payment, insurance application etc. will be available. People will also get saving option on this app.
According to a Jio Financial Services statement, the new app will in future provide services to customers ranging from lending to investing in mutual funds and home loans. The company says that the 'Jio Finance App' will be a kind of financial super app, which will provide all types of financial products on a single platform to people from all walks of life.
The biggest feature of the Jio Finance app is that customers will get the facility to open a digital account instantly. On this app, customers will be able to open 'Jio Payments Bank Account', which will be opened digitally only. This account will be similar to Paytm Payments Bank or Kotak Mahindra Bank's 811 account.
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