Recharge now pay later: Jio launches ’emergency data loan’ facility

By: |
July 03, 2021 2:31 PM

Emergency data loan facility provides flexibility of 'Recharge Now and Pay Later' functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately.

Emergency data loan, Mukesh Ambani's Reliance Jio, instant-data on loan, Jio new scheme, 5 emergency data loan packs of 1 GB each , Jio data plansThe emergency data loan can be availed through MyJio App.

Billionaire Mukesh Ambani’s Reliance Jio has launched ‘Emergency Data Loan’ facility offering its phone users instant-data on loan, which they can pay later. Jio, India’s youngest but largest telecom operator, understands that not every user is in a position to instantly purchase a data top up due to various reasons, sources said.

Emergency data loan facility provides flexibility of ‘Recharge Now and Pay Later’ functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately. Under this, Jio will allow its prepaid users to borrow up to 5 emergency data loan packs of 1 GB each (valued Rs 11 per pack), they said. The emergency data loan can be availed through MyJio App.

Sources said the emergency data loan facility will offer a simple yet powerful solution to these users, ensuring continuity of seamless high speed data experience. Jio has been at the forefront of product innovation to deliver reimagined customer experience. It recently augmented its network to almost double its data capacity and speed.

“Jio users have already started experiencing better network connectivity and higher speeds. Many users are able to consume their daily data quota much faster and are left without high speed data for the rest of the day. Jio understands that not every user is in a position to instantly purchase a data top-up due to various reasons,” a source said

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1PLI for specialty steel: Govt expects robust response from large firms
2Bandhan Bank Q1 net falls 32% on higher provisioning
3Complaints against e-commerce players being looked into: Govt