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Loaning Out

Business Today India

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May 11, 2025

Jio Financial Services has launched instant digital loans against securities, allowing customers to avail loans of up to 1 crore through the JioFinance app

- BY TEENA JAIN KAUSHAL

Loaning Out

FINANCIAL SERVICES COMPANY

Jio Financial Services has launched digital loan against securities (LAS), allowing customers to avail loans of up to ₹1 crore through the JioFinance app. With interest rates starting at 9.99%, the process is digital and quick; loans are approved and disbursed in under just 10 minutes.

Kusal Roy, MD and CEO of Jio Finance, said, “The launch of Loan Against Securities is part of our broader digital strategy to transform how customers access financial services. Our focus is on making financial products more accessible, efficient, and customer-friendly.”

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