JioFinance launches membership programme and financial health tool

Jio Finance Platform and Service Limited (JFPSL) on Thursday launched two new features on its JioFinance app: JioFinance+ and JioFinance360, aimed at improving user financial health and transaction rewards.

JioFinance+, a membership programme, operates on a value-back model where a portion of the platform's commission from eligible marketplace transactions is returned to customers as direct benefits. Free for the first 365 days, the programme offers cash valuebacks of up to ₹5,000 on personal loans and up to ₹1,000 on credit cards, an extra 1 per cent JioGold on lump-sum gold purchases of ₹2,500 and above, and 25 per cent additional JioPoints on eligible transactions.

JioFinance360 functions as a consolidated financial health dashboard, aggregating data across bank accounts, investments, loans, insurance policies and recurring expenses into a single report. It assigns users a Financial Health Score between 0 and 100, assessed across five pillars: spending, borrowing, wealth, insurance, and tax. The feature uses large language models alongside a rule-based insight engine to generate personalised recommendations.

JFPSL CEO Surbhe S Sharma described the launch as part of the company's mission to democratise intelligent finance for Indians at scale.

JFPSL is a wholly-owned subsidiary of Jio Financial Services Limited, which is registered with the Reserve Bank of India as a Core Investment Company.

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