JioFinance app adds unified tracking feature for bank accounts and investments

Jio Finance Platform and Service has introduced a new feature on the JioFinance app that allows users to link and track their bank accounts and investment holdings on a single dashboard.

The company said the tool enables users to view consolidated information from bank accounts, mutual funds, equities and ETFs in one place.

Support for fixed and recurring deposits is expected to be added later. The platform also provides real-time balances, spending insights and portfolio analytics.

The update comes at a time when individuals manage multiple accounts and apps across the financial ecosystem. The feature uses analytics to provide information on cash flow trends, expenses and investments, and offers data-driven suggestions based on user consent.

According to the company, the unified dashboard brings together financial relationships across JioFinance and linked external accounts. The feature is available under the ‘Track your Finances’ section of the app.

Jio Finance Platform and Service Limited, a wholly owned subsidiary of Jio Financial Services Limited, manages the JioFinance app. JFSL operates a range of financial services businesses, including credit, insurance broking, payment solutions, leasing, asset management through a joint venture with BlackRock, and reinsurance through a joint venture with Allianz, subject to regulatory approvals.

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