Reliance Industries has made the work of users in various sectors quite easy, now it is the turn of the banking sector. Reliance Industries' company Jio Financial Services has launched a new banking and payment app called JioFinance. The app is currently only in beta version, and offers bundled banking options ranging from digital banking to UPI payments, bill payments, insurance and savings accounts.
The new app gives users the option to easily access many different banking services by linking them to their Jio Payments Bank account. Through this app, users will be able to quickly open a digital account in a few minutes and they will also get the option to invest in digital banking, loans, insurance or mutual funds through UPI payment in the same app. The company says that all options from digital banking to bill payments to insurance will be easily available in this app.
These options are available in the Jio Finance app
Jio Payments Bank Account
Through this facility, users can open digital accounts instantly, and manage their bank accounts.
With the help of UPI, users can easily send and receive money.
bill payment
With this Jio app, users can do everything from electricity, gas bill payment to mobile phone recharge.
Advice on insurance policies
Users using this Jio app can get advice on which insurance policy is right for their needs.
Savings
Users can invest in different savings plans, and they will get different saving options.
The app will be updated after testing
Many other features are expected to be added to the Reliance JioFinance app in the coming days and the company plans to make it a single solution app. These services also include services like mutual funds, home loans, loans on credit cards. This new app will prove useful for those who want to get all financial services on a single platform.