Paytm and SBI Mutual Fund Collaborate to Introduce the JanNivesh ₹250 SIP

News Desk, News Nation 360 : Millions of Indians can now invest in their future more easily thanks to Paytm's wholly owned subsidiary, Paytm Services Private Limited (PSPL), an AMFI-registered mutual fund distributor. Paytm is India's top distributor of financial services and payments and the creator of QR codes, Soundbox, and mobile payments. By facilitating financial inclusion and enabling citizens to invest in their future, Paytm has introduced the JanNivesh ₹250 SIP in collaboration with SBI Mutual Fund, the biggest asset management organisation in India. This initiative aligns with the Government of India's aim for a Viksit Bharat. Launched by SBI Chairman C S Shetty and SEBI Chairperson Madhabi Puri Buch, this initiative makes financial progress accessible to everyone by allowing customers to start their investment journey with just ₹250. JanNivesh SIP program is focused on empowering the people to take part in the financial development of India by providing a convenient and inexpensive method to create wealth with small, recurring investments of as little as ₹250. It offers versatile daily, weekly, or monthly SIP plans to suit various financial needs, facilitating financial literacy and inclusion and backing the Viksit Bharat mission. Paytm is also offering this opportunity to its merchant partners, allowing them to invest for the first time and create long-term wealth for their businesses, adding to financial stability, inclusion, and economic empowerment. Paytm reiterates its focus on merchant growth and reinforcing its financial base. D.P Singh, DMD & Joint CEO, SBI Mutual Fund stated that the JanNivesh ₹250 SIP is a significant effort that advances their objective of advancing financial inclusion. They are providing millions of Indians with a simple and adaptable way to start investing in their future through their collaboration with Paytm and other Fintech companies. In their common vision of a Viksit Bharat, where all citizens have access to possibilities for wealth accumulation, this is a significant step.

Pic - Courtesy