Jio Financial Services Limited has been in focus on Wednesday. On April 9, 2025, Jio Financial Services share price (NSE: JIOFIN) opened at ₹224.00, almost the same as its previous close of ₹224.81. At 9:55 AM, the share price of Jio Financial Services was trading at ₹219.95, down by 2.16% on the NSE. It touched its day’s low so far at ₹218.75. Notably, the stock price hit its 52-week low recently on March 3, 2025, at ₹198.65.
Adding to investor interest, Jio Finance Limited (JFL), the non-banking financial company (NBFC) arm of Jio Financial Services, has announced the launch of its fully digital Loan Against Securities (LAS) offering. This product enables customers to leverage their existing investments in shares and mutual funds to avail loans in a seamless, paperless manner.
Available through the JioFinance app, this new LAS facility includes Loan Against Shares and Loan Against Mutual Funds, catering to short-term liquidity needs without forcing investors to sell their long-term holdings. Customers can avail loans of up to ₹1 crore, with interest rates starting at 9.99%, depending on the borrower’s risk profile. The maximum loan tenure is three years, and notably, there are no foreclosure charges.
The entire loan journey—from application to disbursement—can be completed in just 10 minutes, offering unmatched convenience. This initiative reflects Jio Financial’s commitment to creating a digital-first financial ecosystem, empowering customers with efficient and accessible financial tools.
Earlier this month, Jio Financial Services and BlackRock each subscribed to 6.3 crore equity shares of ₹10 face value in their 50:50 joint venture, Jio BlackRock Asset Management Pvt. Ltd., totaling ₹63 crore. The funds will be used to support the JV’s business operations, marking another step forward in strengthening their partnership in India’s asset management space.
Learn Which ITR Form Should Senior Citizens Use for FY 2024-25?
Jio Financial Services Limited (JFSL), registered with the Reserve Bank of India as a Core Investment Company (CIC), is a modern, full-stack financial services institution. It operates through a range of customer-facing subsidiaries, including Jio Finance Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited, Jio Leasing Services Limited, Jio Finance Platform and Service Limited, and Jio Payments Bank Limited.
The launch of LAS could help Jio Financial tap into a growing segment of tech-savvy retail investors seeking quick access to funds while preserving their market positions.
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.
Published on: Apr 9, 2025, 10:21 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
