Jio Financial Services has launched a new feature on the JioFinance app that allows users to track and analyze their finances in one place. The feature enables users to link and view their bank accounts, mutual funds, and stock portfolios. This helps in consolidating financial information and provides a clearer understanding of cash flow, expenses, and investments. The update aims to simplify financial management for users.
New Feature on JioFinance App
Jio Financial Services has introduced a new feature on the JioFinance app designed to help users track and analyze their finances seamlessly. This update aims to provide a unified and secure platform for managing various aspects of financial life.
Key Benefits and Features
The new feature allows users to link their bank accounts, mutual funds, and stock portfolios to the JioFinance app. This integration offers several key benefits:
- Unified Financial Dashboard: Consolidates all financial relationships, providing a real-time view of a user’s finances.
- Comprehensive Asset Tracking: Enables users to track bank accounts, mutual funds, equities, and ETFs. Support for fixed and recurring deposits will be added soon.
- Smart, Data-Driven Guidance: Offers AI-powered insights and personalized recommendations to help users make informed financial decisions.
Statements from Leadership
Surbhe S Sharma, Chief Executive Officer, Jio Finance Platform and Service Limited, stated, “With this new feature on the JioFinance app, we are taking a significant step towards our mission of making finances simple, transparent, intuitive and accessible for every Indian. By bringing a person’s financial life together on a unified, secure and insightful platform, we are empowering users to understand and manage their money effortlessly.”
How to Access the New Feature
To use the new feature, users can download the JioFinance app, click on the ‘Track your Finances’ tab on the home screen, and follow the steps to set up their personalized financial dashboard. This allows for smarter money management through the app.
Source: BSE