ANKUR TYAGIMumbai, September 22, 2025: In a first-of-its-kind move, Jio Payments Bank, a subsidiary of Jio Financial Services Limited, has introduced ‘Savings Pro’, a feature that allows customers to earn up to 6.5% returns on surplus funds in their accounts.
Through this initiative, idle funds in Jio Payments Bank accounts are automatically invested in the ‘Growth’ plans of Overnight Mutual Funds, providing customers a low-risk avenue to maximize returns. The entire process is managed digitally via the JioFinance app.
How It Works
- Account holders can upgrade to a Savings Pro account by setting a threshold amount starting at ₹5,000.
- Any surplus exceeding this threshold is automatically invested in select overnight mutual funds.
- Customers can invest up to ₹1.5 lakh per day, with the flexibility to redeem up to 90% of their investments instantly. Amounts beyond ₹50,000 are redeemable within 1–2 working days.
Key Benefits
- Fully digital experience with no entry or exit loads, hidden charges, or lock-in periods.
- Complete control over investments, with the ability to view eligible mutual funds, adjust thresholds, and track returns.
- Seamless integration with the JioFinance app ensures transparency and ease of use for investors.
This move positions Jio Payments Bank as a pioneer in offering automated investment solutions to retail customers, helping them make their idle funds work harder in a secure and convenient manner.
Abhishek Sinha
