Jio Financial Launches Instant Loans Up to INR 1 Crore Against Mutual Funds & Shares

Jio Financial Services (JFS), a rapidly growing arm of Reliance Industries, has made a bold entry into the digital lending space with the launch of an instant loan facility that enables users to borrow up to ₹1 crore against their existing mutual fund units or demat shares — all in just 10 minutes.

This tech-powered offering is a game-changer for retail investors looking for quick liquidity without having to sell off their investments. The entire process is designed to be paperless, transparent, and extremely user-friendly.

Lightning-Fast Loans at Your Fingertips

The new service is fully integrated into the JioFinance app, giving users access to loans with a seamless digital experience. By simply pledging mutual fund units or stocks held in demat accounts, customers can get loan approvals within minutes — no lengthy forms, no in-person visits.

This innovation reflects JFS’s ambition to transform how India experiences financial services, placing speed and simplicity at the center.

Flexible, Transparent, and Affordable

Key features of this offering include:

• Loan Amount: Up to ₹1 crore
• Approval Time: Within 10 minutes
• Interest Rate: Starting at 9.99% p.a.
• Tenure: Up to 36 months
• Foreclosure Charges: None

These flexible terms empower users to borrow on their own terms, whether it’s for emergency needs, business growth, or short-term liquidity.

How It Works

Investors can pledge their mutual fund holdings via CAMS and demat shares through NSDL or CDSL. The app provides real-time visibility into eligible loan amounts and applicable interest rates, enabling customers to make fully informed decisions before committing.

Strategic Leap into India’s Fintech Landscape

With this product, Jio Financial is strategically entering the secured lending segment, aiming to capture a rapidly growing base of digitally-savvy retail investors. The move aligns with the broader mission of expanding access to financial services and redefining lending in India through the power of technology.

It also marks another step toward building a comprehensive fintech ecosystem under the Jio umbrella, combining trust, innovation, and reach.

This instant loan offering positions Jio Financial Services as a serious contender in India’s digital finance revolution. By removing paperwork, delays, and complexity from the borrowing process, it’s giving millions of Indians fast, easy access to funds — while letting them hold onto their valuable investments.