<ul><li>Jio Financial Services, Mukesh Ambani-led Reliance Industries' financial arm, to launch digital loans against mutual funds and shares.</li><li>Customers can avail loans up to Rs 1 crore with interest rates starting at 9.99% for a maximum tenure of up to 3 years and no foreclosure charges.</li><li>The loans will be processed through a fully digital interface on the Jio Financial app, eliminating the need for lengthy paperwork or physical verification.</li><li>Jio Financial Services aims to tap into India’s growing retail investor base and establish its presence in the country’s competitive fintech landscape.</li></ul>

Billionaire Mukesh Ambani-led Jio Financial Services Launches 10-Minute Loans Against Securities, Up To Rs 1 Cr

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