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Jio Financial Services
3.4
based on 18 Reviews
Company Overview
Company Locations
Working at Jio Financial Services
Company Summary
Overall Rating
3.4/5
based on 18 reviews

Highly rated for
Salary, Work-life balance

Critically rated for
Company culture, Promotions, Work satisfaction
Work Policy

Work from office
82% employees reported

Monday to Friday
80% employees reported

Flexible timing
50% employees reported

No travel
56% employees reported
View detailed work policy
About Jio Financial Services
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websitejfs.in
Primary Industry
--
Other Industries
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Jio Financial Services Ratings
based on 18 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
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7
4
4
3
2
2
1
1
4
Category Ratings
3.8
Salary
3.8
Work-life balance
3.6
Job security
3.4
Skill development
3.2
Work satisfaction
3.1
Promotions
3.0
Company culture
Jio Financial Services is rated 3.4 out of 5 stars on AmbitionBox, based on 18 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Jio Financial Services
based on 18 reviews
2.5
Rated by 3 Women
Rated 3.6 for Salary and 3.6 for Skill development
3.6
Rated by 15 Men
Rated 4.1 for Work-life balance and 3.8 for Salary
Work Policy at Jio Financial Services
based on 11 reviews in last 6 months
Work from office
82%
Hybrid
18%
Jio Financial Services Reviews
Compare Jio Financial Services with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.4/5 based on 18 reviews | 3.7/5 based on 90.6k reviews | 3.7/5 based on 53.5k reviews | 3.8/5 based on 57k reviews |
Highly Rated for | Work-life balance Salary | Job security Work-life balance | Job security | Job security Company culture |
Critically Rated for | Company culture Promotions Work satisfaction | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | Work from office 82% employees reported | Work from office 81% employees reported | Hybrid 62% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | 2.5 Poor rated by 3 women | 3.8 Good rated by 26.2k women | 3.8 Good rated by 15.3k women | 3.9 Good rated by 21.4k women |
Rating by Men Employees | 3.6 Good rated by 15 men | 3.6 Good rated by 59.2k men | 3.7 Good rated by 35.7k men | 3.8 Good rated by 33k men |
Job security | 3.6 Good | 4.5 Good | 3.8 Good | 3.8 Good |
View more
Jio Financial Services Salaries
Jio Financial Services salaries have received with an average score of 3.8 out of 5 by 18 employees.
Software Developer
(6 salaries)
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₹4.5 L/yr - ₹7 L/yr
Product Manager
(6 salaries)
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₹22 L/yr - ₹36 L/yr
Management Trainee
(5 salaries)
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₹17 L/yr - ₹25 L/yr
Deputy Manager
(4 salaries)
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₹11.6 L/yr - ₹13 L/yr
HR Manager
(4 salaries)
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₹11 L/yr - ₹20.4 L/yr
Senior Product Manager
(4 salaries)
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₹50 L/yr - ₹55.4 L/yr
Senior Data Science Manager
(3 salaries)
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₹52.3 L/yr - ₹57.8 L/yr
KYC Analyst
(2 salaries)
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₹4.6 L/yr - ₹5.8 L/yr
Data Scientist
(2 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Marketing Executive
(2 salaries)
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₹21.3 L/yr - ₹27.2 L/yr
Jio Financial Services News
View all
Buy, Sell Or Hold: RIL, CDSL, Wipro, SBI, IRFC, LIC Housing Finance — Ask Profit
- Analysts shared insights on the share prices of Bajaj Housing Finance, Wipro, MOIL, LIC Housing Finance, Indian Railway Finance Corp (IRFC), State Bank Of India (SBI), Reliance Industries (RIL), Central Depository Services (CDSL), Jio Financial Services.
- Reliance Industries (CMP: Rs 1,175.60) - Sharma: Hold. Stock has come down to crucial support levels. Expecting recovery with levels rising to Rs 1,320 in the next couple of weeks.
- Central Depository Services (CMP: Rs 1,139) - Chowdhury: Hold. CDSL's stock has been impacted by falling markets. Growing trends like return on equity and return on capital employed have been fantastic.
- MOIL (CMP: Rs 322.80) - Sharma: Buy. Stock is trading close to its support levels. See the stock heading towards Rs 375 and beyond in the near-term.
- Jio Financial Services (CMP: Rs 217.10) - Chowdhury: Hold. Sees numbers coming in from a one to two-year perspective. Does not see capital as an issue for Jio Financial Services in terms of expansion. May buy more shares at the current market price.
- Wipro (CMP: Rs 730.35) - Sharma: Buy. See stock outperforming its peers. Expect share price to rise up to Rs 400 by the end of the year.
- State Bank Of India (CMP: Rs 730.35) - Chowdhury: Buy. May expect returns of 20% to 25% per annum in the next two years. Trading at a good valuation with deep value in its subsidiaries.
- LIC Housing Finance (CMP: Rs 520.55) - Sharma: Hold. Sees the stock rising up to Rs 600 in the coming weeks. Chowdhury: Hold. Valuation of the stock is attractive. Housing finance companies are expected to benefit from the expected rate cuts.
- Bajaj Housing (CMP: Rs 112.24) - Chowdhury: Sell. Stock is on the expensive side for its price-to-book multiple. Better players in terms of valuation available in the housing space.
- Indian Railway Finance Corp (CMP: Rs 117.73) - Chowdhury: Sell. Valuation is on the expensive side, advisable to book profits. Earnings have consistently been flat, and the price to book ratio is trading at four times.
Bloomberg Quint | 6 Mar, 2025

Jio Financial to acquire SBI’s stake in payments bank joint venture
- Jio Financial Services Ltd has approved the acquisition of SBI's stake in their payments bank joint venture.
- The acquisition is for 7,90,80,000 equity shares and the value is approximately $12.5 million.
- The transaction is pending regulatory approval from the Reserve Bank of India and is expected to be completed within 45 days.
- Jio Financial Services aims to expand its presence in India's digital financial services market.
HinduBusinessLine | 4 Mar, 2025
Jio Financial Services To Buy SBI’s Stake In Jio Payments Bank For INR 105 Cr
- Jio Financial Services (JFS) is acquiring SBI's stake in Jio Payments Bank for INR 105 Cr.
- JFS, currently owning 82.17% of Jio Payments Bank, will buy SBI's stake.
- The acquisition is subject to regulatory approval from the Reserve Bank of India.
- JFS expects the acquisition to be completed within 45 days of RBI's approval.
Inc42 | 4 Mar, 2025

SBI To Exit Jio Payments Bank After Selling Stake To Jio Financial
- Jio Financial Services Ltd. has acquired 7.9 crore shares of Jio Payments Bank from State Bank of India for Rs 104 crore.
- After the acquisition, Jio Payments Bank will become a wholly-owned subsidiary of Jio Financial Services.
- SBI approved the divestment of its entire stake in Jio Payments Bank to Jio Financial Services.
- SBI's decision to exit Jio Payments Bank is due to conflict-of-interest issues.
Bloomberg Quint | 4 Mar, 2025

Nifty rejig: Let the benchmark run its course
- Zomato and Jio Financial Services will replace BPCL and Britannia Industries in the Nifty 50 index.
- The shift could inflate Nifty 50 P/E from 22.1x to 22.6x.
- The entry of Zomato and Jio Financial Services will have minimal impact on the movement of the benchmark.
- The inclusion and exclusion criteria for indices like Nifty50 may need to evolve according to market dynamics.
HinduBusinessLine | 28 Feb, 2025

Ambani's Jio Financial, Deepinder Goyal-led Zomato to enter Nifty50 by the end of March
- National Stock Exchange (NSE) will add Mukesh Ambani’s Jio Financial Services and Zomato to its Nifty50 index.
- Changes include replacing Bharat Petroleum Corporation and Britannia Industries in the Nifty50 index effective March 28, 2025.
- Additionally, Zomato and Jio Financial will be removed from the Nifty Next 50 index, while Swiggy makes its debut in the index.
- Other new-age tech firms like Ola Electric, Paytm, and PB Fintech will see different index placements as well.
ISN | 22 Feb, 2025

Jio financial services share price target 2025 TO 2030
- Jio Financial Services Limited, formerly known as Reliance Strategic Investments, is a leading NBFC in India with the second-highest market capitalization in the industry.
- Investors in JIOFIN can expect strong returns due to the rapid growth of the fintech sector.
- The article discusses the factors influencing Jio Financial Share Price Targets for 2025 and beyond.
- In 2025, Jio Financial's share price is projected to range from a maximum of ₹565.11 to a minimum of ₹291.00 by December.
- The share price targets for 2026 to 2030 indicate a maximum of ₹1,410.22 and a minimum of ₹370.19 by 2030.
- Jio Financial's competitors include Bajaj Finserv, Shriram Finance, Cholaman Invt, and HDFC AMC.
- Despite being listed for just over a year, Jio Financial Services has provided a 50% return to investors and has potential for further gains.
- With the government increasing the foreign investment cap to 49%, more investment may flow into this Reliance Industries subsidiary.
- The share price of Jio Financial Services will be influenced by factors such as ratings from financial advisory firms.
- The predicted share price targets for 2026 to 2030 suggest potential growth for investors in Jio Financial Services.
VIE Stories | 22 Feb, 2025

Jio Financial, Zomato to enter Nifty 50 from March 28
- Jio Financial Services Ltd and Zomato Ltd to enter Nifty 50 index from March 28.
- Bharat Petroleum Corporation Ltd (BPCL) and Britannia Industries Ltd will be excluded from the index.
- The changes are part of the Nifty 50 index's semi-annual review to reflect market trends and maintain investor relevance.
- Zomato and Jio Financial's market capitalisation meets the criteria for inclusion, while BPCL and Britannia are being removed.
Yourstory | 22 Feb, 2025

Nifty Rejig: Jio Financial, Zomato Join Benchmark Index As BPCL And Britannia Exit
- Jio Financial Services Ltd. and Zomato Ltd. have been added to NSE Nifty 50 index.
- Bharat Petroleum Corp. and Britannia Industries have been excluded from the index.
- Other companies added to Nifty indices include Bajaj Housing Finance, Swiggy, Indian Hotels, Hyundai Motor India, and CG Power and Industrial Solutions.
- Exclusions from Nifty indices include Bharat Heavy Electricals, Indian Railway Catering and Tourism Corporation, Adani Total Gas, NHPC, and Union Bank of India.
Bloomberg Quint | 21 Feb, 2025

Zomato, Jio Financial Services Included In Nifty 50
- Zomato and Jio Financial Services have been included in the Nifty 50 index, replacing Bharat Petroleum Corporation and Britannia.
- The changes will be effective from March 28, 2025.
- Swiggy, Zomato's rival, has been included in the Nifty Next 50 index.
- Other tech companies such as Ola Electric, Delhivery, and Paytm have also seen changes in their inclusion in various Nifty indices.
Inc42 | 21 Feb, 2025

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Jio Financial Services FAQs
Does Jio Financial Services have good work-life balance?
Jio Financial Services has a Work-Life Balance Rating of 3.8 out of 5 based on 10+ employee reviews on AmbitionBox. 61% employees rated Jio Financial Services 4 or above, while 39% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Jio Financial Services reviews for more details
Is Jio Financial Services good for career growth?
Career growth at Jio Financial Services is rated as moderate, with a promotions and appraisal rating of 3.1. 39% employees rated Jio Financial Services 3 or below, while 61% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Jio Financial Services reviews for more detailed insights.
What are the pros and cons of working in Jio Financial Services?
Working at Jio Financial Services comes with several advantages and disadvantages. It is highly rated for salary & benefits and work life balance. However, it is poorly rated for company culture, promotions / appraisal and work satisfaction, based on 10+ employee reviews on AmbitionBox.
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