Jio Financial forays into digital loan against securities; share jumps 5%

Shares of Jio Financial Services rose over 5% in intraday trade on Tuesday after the company announced that it has forayed into digital loan against securities. The Reliance Group company has introduced fully digital loan against securities (LAS) feature for its customers, offering loans of up to ₹1 crore in just 10 minutes through the JioFinance App.

Boosted by the development, Jio Financial shares jumped 5.4% to hit an intraday high of ₹225, while its market capitalisation rose to ₹1.43 lakh crore.

Early today, the NBFC stock opened 1.6% higher at ₹216.90, after falling nearly 7% in the past two sessions. The shares of Jio Financial have rebounded over 13% from its 52-week low of ₹198.60 touched on March 3, 2025, while the stock is down 43% from its 52-week of ₹394.70 hit on April 23, 2024.

The counter has delivered a negative return of 39% in past 12 months, while it has lost 34% in six months. In the calendar year 2025, the JFSL shares dropped 26%, whereas it gained nearly 4% in the past one month.

Jio Financial enters digital LAS market

In an exchange filing today, Jio Financial (JFL) said that it has forayed into digital loan against securities (LAS) segment, allowing its customers to leverage their investments, such as shares and mutual funds, to avail loans at competitive interest rates. Customers can avail loans within just ten minutes through a completely digital process through the JioFinance App. The service is designed to meet the financial needs of customers, without requiring them to sell their securities, it said in a release.

As per the company, JFL customers can avail loans up to ₹1 crore with interest rates starting at 9.99%, tailored to their individual risk profile. “These loans are for a maximum tenure of up to three years, with no foreclosure charges. By choosing LAS on the JioFinance app, customers gain convenient access to short-term funds, while keeping their long-term investment growth on track,” the release noted.

“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. With a strong focus on innovation and user experience, this launch is a significant step in our mission to make financial services more accessible, efficient, and customer-centric,” said Kusal Roy, Managing Director and CEO, Jio Finance.

JFL provides diverse lending solutions, including home loans, loan against property, and corporate financing, all conveniently accessible via the JioFinance app.

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