Save and invest together

Savings Pro is an auto-investing savings account provided by Jio Payments Bank Limited. It is an industry-first savings-cum-investment account that automatically invests extra money in your bank account into overnight funds. This enables you to earn more interest on your savings compared to a regular savings account.

Download the JioFinance App and tap on the Bank tab. Select "Savings" and tap on "Upgrade" to upgrade to a Savings Pro account. If you don't already have a Savings account with Jio Payments Bank Limited, you'll have to create one. Follow the quick digital onboarding steps in the app to open a Savings account. Once you are onboarded, you can upgrade to Savings Pro.

Following are eligibility criteria for Savings Pro for new and existing customers:

New customers: They first need to open a Savings or Salary account with Jio Payments Bank Limited to upgrade to Savings Pro.
Existing customers: Savings account holders with Jio Payments Bank Limited who have completed full KYC are eligible to upgrade to Savings Pro.

Savings Pro auto-invests a part of your savings account balance into overnight debt mutual funds. This gives a higher interest earning power as compared to a regular savings account. Savings Pro offers returns up to 6.5%* per annum compared to 2-4% per annum offered by regular savings accounts.

Following are the benefits of Savings Pro:

Higher returns: Surplus funds in savings account are auto-invested into an overnight mutual fund. This offers higher returns, up to 6.5%* p.a.
Flexibility: You can redeem up to 90% or ₹ 50,000 of your invested money (whichever is lower) anytime.
Low risk: Investments in overnight funds ensures safety and stability.
Automation: Auto-investment ensures hassle-free fund management.
Convenience: Combines savings and investment features in a single account.