Current Affairs · Banking Schemes
In September 2025, Jio Payments Bank Limited (JPBL) introduced a new account called 'Savings Pro', designed to offer customers higher returns. What distinctive feature sets the 'Savings Pro' account apart in the Indian banking sector?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It provides free life insurance coverage for all active account holders.
- 2It automatically invests idle balances in overnight mutual funds.✓
- 3It allows cash deposits above ₹2 lakh without KYC.
- 4It offers gold-linked interest rates.
Correct answer
It automatically invests idle balances in overnight mutual funds.
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