**Jio Payments Bank Now Turns Your Idle Money into Returns**
*By Mudit Dube | Sep 22, 2025 | 01:33 PM*
Jio Payments Bank has introduced an innovative new feature called **‘Savings Pro’**, aimed at helping customers earn better returns on their idle bank balances. This industry-first initiative automatically invests account holders’ excess funds into overnight mutual funds, enabling them to earn up to **6.5% returns**.
### How ‘Savings Pro’ Works
The ‘Savings Pro’ feature allows customers to set a minimum balance threshold, starting at ₹5,000. Any amount exceeding this limit is automatically invested in the growth plans of overnight mutual funds. Customers can invest up to ₹1.5 lakh per day through this facility.
One of the key benefits is flexibility. Customers can instantly redeem up to 90% of their investments (up to ₹50,000) whenever needed. For larger amounts, withdrawals are processed within 1-2 working days without any entry or exit charges or lock-in periods.
### Market Response and Insights
Vinod Easwaran, MD & CEO of Jio Payments Bank Limited, shared that ‘Savings Pro’ was launched in response to increasing demand for smarter savings options. He stated, “In an environment of softening interest rates, today’s financially aware customers are actively seeking smarter alternatives to grow their savings.”
The returns offered through ‘Savings Pro’ are based on the annualized 2-year performance data of overnight mutual fund growth plans. However, it’s important to note that these returns are subject to market risks.
With this innovative solution, Jio Payments Bank aims to empower its customers to make the most of their idle money through seamless, automated investments.
https://www.newsbytesapp.com/news/business/jio-payments-bank-introduces-savings-pro-auto-investment-feature/story