| Lending & Leasing | Home loans, loan against property/shares/mutual funds, supply chain finance, business loans, device and vehicle leasing solutions. | Strong digital platform, group ecosystem integration, risk management capabilities. | Retail consumers, small and corporate businesses (B2C and B2B). | Secured lending products and supply chain finance. | 800 | 40 | Interest income and fees from loan disbursements and leasing services. | Interest-based with service fees; digital onboarding and direct disbursal. | Digital lending adoption, expansion into Tier-1 cities, AI-based credit assessment. | Jio Credit Limited, Jio Leasing Services Limited |
| Payments | Payment gateway, aggregator services, digital bank accounts, debit cards, UPI, wallets, remittances. | Omnichannel presence, extensive BC network, innovative AI-powered compliance. | Retail users, merchants, small businesses (B2C and B2B). | Payment gateway services and business correspondent network. | 600 | 30 | Transaction fees, commissions, and interest on deposits. | Fee per transaction, account maintenance fees waived to support growth. | Growing merchant base, expanded BC network, digital payments adoption. | Jio Payment Solutions Limited, Jio Payments Bank Limited |
| Insurance Broking | Brokerage for life, non-life, health insurance; digital and physical distribution. | Extensive insurer partnerships and integrated ecosystem distribution. | Retail and corporate customers, institutional clients (B2C and B2B). | Digital direct-to-customer insurance sales. | 150 | 7 | Commission from insurance policies sold. | Commission-based; direct-to-customer and embedded insurance models. | Partnerships with 34 insurers and digital self-service platforms. | Jio Insurance Broking Limited |
| Asset Management & Wealth Management | Mutual funds, wealth advisory, broking services. | Global investment expertise via BlackRock JV with strong digital scale. | Retail investors, institutional clients (B2C and B2B). | Mutual fund management and advisory fees. | 350 | 17 | Management fees and commissions on assets under management. | AUM-based fees; product launch fees. | Joint venture with BlackRock, new product launches, retail investor expansion. | Jio BlackRock Asset Management, Jio BlackRock Investment Advisers |
