Jio Payments Bank, a subsidiary of Jio Financial Services, has launched ‘Savings Pro’, a feature enabling customers to earn up to 6.5%* on surplus funds. This innovative feature allows automated investments in ‘Growth’ plans of Overnight Mutual Funds directly through the JioFinance app, providing higher returns on idle liquidity. Customers can start with a threshold of ₹5,000.
‘Savings Pro’ Unveiled
Jio Payments Bank Limited, a subsidiary of Jio Financial Services Limited, has introduced ‘Savings Pro’, an industry-first initiative designed to offer customers higher returns on their idle funds. The announcement was made on September 22, 2025, detailing how customers can now earn up to 6.5%* returns on their surplus funds through automated investments.
Automated Investments in Mutual Funds
‘Savings Pro’ enables Jio Payments Bank account holders to automatically invest surplus savings in the ‘Growth’ plans of Overnight Mutual Funds^. This feature allows customers to earn more from idle funds by investing through the JioFinance app.
Key Features and Benefits
Customers can upgrade to a Savings Pro account with just a few clicks, setting a threshold amount of their choice, starting at ₹5,000. Any surplus funds exceeding this threshold will be automatically invested into select overnight mutual funds, which carry low risk. Investments up to ₹1,50,000 per day are permitted, with redemptions processed according to regulatory guidelines.
Instant redemptions of up to 90% of investments are available, with a maximum limit of ₹50,000. Funds exceeding this amount can be redeemed within 1 to 2 working days. The entire process is seamless and fully digital via the JioFinance app.
With no entry or exit loads, hidden charges, or lock-in periods, customers can maximise their returns while maintaining full control over their money. They can easily view eligible mutual funds, set or modify thresholds, and track investment returns with complete transparency.
*Based on the range of annualised 2-year returns data across ‘Growth’ plans of Overnight Mutual Funds. Actual returns may vary. ^Mutual Funds are subject to market risks. Please read the offer document carefully before investing.
Leadership Perspective
Vinod Easwaran, Managing Director and Chief Executive Officer of Jio Payments Bank Limited, stated, “In an environment of softening interest rates, today’s financially aware customers are actively seeking smarter alternatives to grow their savings. Savings Pro empowers them to do just that by turning a passive bank balance into an earning opportunity. With no paperwork, no cost, and easy access, we are offering a future-ready product that aligns with how Indians want to manage money today — effortlessly, intelligently and digitally.”
Commitment to Financial Inclusion
Savings Pro marks a significant step in Jio Payments Bank’s commitment to simplifying financial decision-making and bringing investment-linked savings within the reach of every Indian. Designed to serve both experienced and first-time investors, the product supports long-term financial inclusion by offering a safe, liquid, and rewarding way to grow wealth.
Source: BSE