Jio Financial Services Limited (JFSL) has unveiled an attractive digital gold offer to celebrate Dhanteras and Diwali, showcasing the company's growing presence in the digital financial services sector. The offer, running from October 18 to 23, 2025, comes as JFSL reports strong financial performance for Q2 FY26.

Digital Gold Offer Details

• Customers purchasing digital gold worth ₹2,000 or more will receive an additional 2% gold credited to their wallet within 72 hours.
• Purchases of ₹20,000 or more qualify for a prize draw worth ₹10 lakh total, including smartphones, TVs, gold coins, and gift vouchers.
• Winners will be notified on October 27, 2025.
• Digital gold can be purchased starting from ₹10 through JioFinance or MyJio apps.

Key Financial Highlights (Q2 FY26)

Business Growth and Expansion

JFSL has reported significant growth across its various business segments:

The company has also expanded its physical presence, with the NBFC arm now covering 14 cities through 15 offices.

Strategic Developments

• JFSL has entered into a 50:50 joint venture with Allianz Group for reinsurance business in India, subject to regulatory approvals.
• The company has received shareholder approval for a preferential warrant issue of ₹15,825.00 crore to promoters, with the first tranche of ₹3,956.00 crore already received.

Hitesh Sethia, Managing Director and CEO of JFSL, commented on the company's performance: "The significant growth in business income is a direct result of the initiatives taken over the last few quarters towards scaling up profitably, by pursuing a risk-calibrated growth strategy. Our expanding user base is a validation of the enthusiasm with which our offerings have been met in the market."

The digital gold offer, coupled with JFSL's strong financial performance, underscores the company's commitment to enhancing financial inclusion and providing innovative digital financial solutions to Indian consumers.

Jio Financial Services Limited (JFSL) is making significant strides in its expansion strategy across lending, insurance, and asset management sectors, as revealed in its latest financial results for the quarter ended September 30, 2025.

Robust Financial Performance

JFSL reported a strong financial performance for Q2 FY26:

The company's net income from business operations now represents 52% of consolidated net total income (excluding dividend), up from 14% in Q2 FY25, indicating a significant shift towards core business activities.

Lending Business Expansion

Jio Credit Limited (JCL), the NBFC arm of JFSL, has shown remarkable growth:

• Assets Under Management (AUM) reached ₹14,712.00 crore, a 12-fold increase from ₹1,206.00 crore in Q2 FY25.
• Quarterly disbursements stood at ₹6,624.00 crore, reflecting strong market traction.
• JCL expanded its physical presence to 15 offices across 14 cities, up from 4 offices in Q2 FY25.

The company has introduced new products, including Loan against Exchange-Traded Funds (ETF), and is optimizing its cost of funding to support a quality asset book.

Insurance Sector Initiatives

Jio Insurance Broking Limited (JIBL) is making significant progress:

• Facilitated ₹347.00 crore in premiums during Q2 FY26.
• Issued 2.9 lakh policies across life, health, and general insurance.
• Expanded its digital Point of Sales Person (PoSP) channel to over 100 cities across six states.

JFSL has also incorporated "Allianz Jio Reinsurance Limited," a 50:50 joint venture with Allianz Group, to enter the reinsurance business in India, subject to regulatory approvals.

Asset Management Growth

Jio BlackRock Asset Management Private Limited, a joint venture between JFSL and BlackRock, has shown impressive growth since its launch:

• Accumulated Assets Under Management (AUM) of ₹15,980.00 crore across 9 funds in less than four months.
• The first active equity Flexi Cap New Fund Offer (NFO) raised nearly ₹1,500.00 crore.
• Attracted over 635,000 retail investors and 150+ institutional investors.

Payments and Digital Services

JFSL is also making strides in the payments sector:

• Jio Payment Solutions Limited (JPSL) reported a Transaction Processing Volume (TPV) of ₹13,566.00 crore, up 167% YoY.
• Jio Payments Bank Limited (JPBL) saw a 15x quarter-on-quarter increase in transaction throughput.
• Launched innovative products like Savings Pro, an account that auto-invests idle money in overnight mutual funds.

Technology and AI Integration

The company is leveraging advanced technology and AI to enhance its operations:

• Implemented data lakes across all group entities for real-time analytics and insights.
• Deploying Machine Learning models for precise customer targeting and product propensity understanding.
• Developing an intelligent, contextual architecture to deliver personalized financial products to customers.

Hitesh Sethia, Managing Director and CEO of JFSL, commented on the results: "The significant growth in business income is a direct result of the initiatives taken over the last few quarters towards scaling up profitably, by pursuing a risk-calibrated growth strategy. Our expanding user base is a validation of the enthusiasm with which our offerings have been met in the market."

As Jio Financial Services continues its expansion across multiple financial sectors, it aims to position itself as a comprehensive, digital-first financial services provider in India. The company's focus on leveraging technology, expanding its product portfolio, and forming strategic partnerships may well shape the future of India's financial services landscape.