Jio Financial Services Limited — Updates, 08-04-2025: Press Release

Jio Finance Limited has introduced a fully digital Loan Against Securities (LAS) product, enabling customers to secure loans of up to Rs. 1 crore in just 10 minutes via the JioFinance app. This offering is designed to allow customers to leverage investments in shares and mutual funds without selling them, providing loans at competitive rates starting from 9.99%. The loans are structured for a maximum tenure of three years with no foreclosure charges, catering to those seeking short-term capital while preserving long-term investment growth.

Kusal Roy, Managing Director and CEO of Jio Finance Limited, emphasized that this launch aligns with the company's digital strategy to enhance accessibility and efficiency in financial services. The JioFinance app aims to deliver a comprehensive suite of financial solutions, reflecting a customer-centric approach and illustrating JFL's ongoing commitment to innovative lending solutions within India’s growing financial landscape. Investors should watch closely for potential growth opportunities from this new offering.