Jio Financial Share Price Gains Over 3.5% After Launching Digital Loan Against Securities

On April 8, 2025, Jio Finance Limited, a subsidiary of Jio Financial Services Limited (JFSL), announced the launch of its fully digital Loan Against Securities (LAS) offering. This strategic product rollout coincided with a noticeable uptick in its stock price, gaining over 3.5% by 2:05 PM on the NSE.

A Seamless Borrowing Experience via JioFinance App

With this new facility, customers can obtain loans of up to ₹1 crore in 10 minutes, using the JioFinance app. The LAS product allows borrowers to leverage their existing investments in shares and mutual funds as collateral, without liquidating them.

Interest rates start from 9.99%, customised according to individual risk profiles, and the loan tenure can extend up to 3 years with no foreclosure charges. The aim is to offer customers quick liquidity while preserving the long-term value of their investments.

Designed for Convenience and Speed

Available on the JioFinance app, LAS comprises:

• Loan Against Shares
  
• Loan Against Mutual Funds

The app is positioned as a one-stop platform for digital-first financial services, providing an intuitive user experience.

According to Kusal Roy, Managing Director and CEO of Jio Finance Limited, “The launch of Loan Against Securities is part of our comprehensive digital strategy aimed at transforming the way customers access and interact with financial services.”

Broader Financial Ecosystem by Jio Finance

This launch complements JFL’s broader portfolio of offerings, which include:

• Home loans
  
• Loans against property
  
• Corporate financing

The JioFinance app also offers a host of additional services like:

• UPI-based payments
  
• Money transfers
  
• Digital savings accounts
  
• Investment portfolio tracking
  
• Digital gold
  
• Insurance services

About Jio Financial Services Limited

Formerly known as Reliance Strategic Investments Limited, JFSL is a Core Investment Company (CIC) registered with the Reserve Bank of India. It has developed a strong digital-first ecosystem to cater to Indian citizens’ borrowing, transacting, saving, and investing needs.

JFSL also operates in partnership with global asset management leader BlackRock, aiming to offer investment and wealth management solutions in India.

Conclusion

Jio Finance Limited’s foray into the digital Loan Against Securities space underlines its commitment to innovation and customer convenience. By leveraging technology to offer instant access to secured loans, Jio is simplifying the borrowing process and enhancing financial flexibility for investors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.