THEBUSINESSBYTES
BUREAU
MUMBAI,
SEPTEMBER 30, 2026
Jio Finance Platform
and Service Limited (JFPSL), which operates the JioFinance app, on Wednesday
launched JioSilver, a digital silver investment offering that allows users to
buy and sell 99.9 per cent pure, physical-backed silver with investments
starting at ₹10.
The new offering
enables users to purchase silver digitally at live market-linked rates, with
transactions ranging from ₹10
to ₹1 lakh per transaction. Sale proceeds are transferred directly to the
user's bank account, the company said.
JioSilver also allows
investors to set up recurring Silver Systematic Investment Plans (SIPs), with
weekly and monthly investment options.
Users can choose to
purchase physical silver coins directly or convert their accumulated digital
silver holdings into certified physical silver coins, providing an option to
take delivery of their investments.
The company said
users will be able to track live silver prices, their holdings and transaction
history through a dedicated JioSilver dashboard on the JioFinance app.
All physical silver
underlying the offering is tested for purity at facilities accredited by the
National Accreditation Board for Testing and Calibration Laboratories (NABL),
JFPSL said.
Eligible purchases
through JioSilver will also earn JioPoints, which can be redeemed on the
JioFinance app for brand vouchers, shopping discounts and partner offers.
"Precious metals
and commodities play a vital role in a well-diversified investment strategy,
helping investors build resilient portfolios. While silver has traditionally
been held physically, JioSilver transforms it into a transparent, safe, and
hassle-free digital asset that is effortless to own and sell without the
worries of storage," Surbhe S Sharma, Chief Executive Officer, Jio Finance
Platform and Service Limited, said.
"With this
launch, we are giving JioFinance app users yet another accessible and
convenient tool to invest and build wealth for the future," Sharma added.
JFPSL is a wholly owned subsidiary of Jio Financial Services Limited.
The launch of JioSilver expands the investment products available on the JioFinance app and complements its existing digital gold offering, the company said.
