Investing in digital gold has become increasingly popular, especially in countries like India. It offers a convenient and affordable way to own gold without the hassles of storage and security. With numerous mobile applications available, getting started with your digital gold investment journey is easier than ever. Here’s a look at the top 10 apps to consider:
1. eBullion
Looking to expand your investment portfolio to include precious metals? Look no further than eBullion. Our revolutionary platform offers a new and innovative way to invest in not only gold and silver, but also platinum and palladium.
- Features:
- Invest in gold, silver, platinum, and palladium.
- Own precious metals for as little as ₹100.
- Fully insured metals held in third-party vaults.
- Pooled ownership model with the ability to get physical metal.
- Instant execution with timely and secure bank settlements.
- SIP investment starting at Rs. 100 per week or month.
2. PhonePe
A widely used digital payment platform in India, PhonePe also allows users to invest in 24K digital gold with minimum amounts as low as INR 1. They source their gold from reputed refiners like MMTC-PAMP and SafeGold, ensuring assured quality and transparent pricing. You can invest using rupees or grams and even set up SIPs for automated regular investments.
3. Google Pay
Similar to PhonePe, Google Pay is another prominent digital payments app that facilitates digital gold investments. You can purchase 99.99% pure gold starting from INR 1 and leverage features like SIPs for rupee-cost averaging and disciplined investing.
4. Paytm
A longstanding player in the Indian digital payments domain, Paytm offers digital gold investments with a minimum purchase amount of INR 100. They collaborate with reputable refiners like MMTC-PAMP and Augmont Gold for assured security. You can invest in 24K gold, set up SIPs, and even get the gold delivered to your doorstep in physical form if desired.
5. Amazon Pay
Not just for online shopping, Amazon Pay allows users to invest in digital gold as well. Partnering with SafeGold, they offer 24K gold with a minimum investment of INR 50. You can set up SIPs for automated investments and choose to have the gold physically delivered upon request.
6. Augmont Gold
A dedicated app by Augmont Gold Ltd., a leading manufacturer and refiner of gold in India, this platform allows you to directly invest in digital gold. Their minimum investment starts at INR 1 and they offer 24K gold secured in insured vaults. You can set up SIPs and redeem your holdings in physical gold coins or bars.
7. SafeGold
Another dedicated app by SafeGold, a notable gold refiner, this platform allows you to invest in digital gold assured by their secure and insured vaults. Their minimum investment is INR 1 and they offer 24K gold. You can set up SIPs, redeem your holdings in physical gold, or even get them delivered to your doorstep.
8. Shree Ganesh Muthoot Capital Ltd
A subsidiary of The Muthoot Group, this app allows you to invest in digital gold with a minimum amount of INR 100. They offer 24K gold secured in insured vaults and provide the option to convert your digital holdings to physical gold coins.
9. HDFC Bank Mobile Banking App
HDFC Bank, a leading Indian bank, offers digital gold investment through their mobile banking app. Their minimum investment starts at INR 100 and they source their gold from reputed refiners. You can manage your investments and set up SIPs conveniently through the app.
10. ICICI Bank Mobile Banking App
ICICI Bank also provides digital gold investment facilities within their mobile banking app. Their minimum investment is INR 100 and the gold is sourced from reliable refiners. You can set up SIPs and redeem your holdings in physical gold coins of varying denominations.
Conclusion
These are just a few of the many apps available for investing in digital gold. Before choosing an app, consider factors like minimum investment amount, security features, reputation of the refinery or partner, available features like SIPs, and the option to convert digital gold to physical form if desired. Remember, digital gold investments are subject to market fluctuations, so conduct your research and invest wisely.
Ready to start your journey? Buy digital gold with eBullion today and diversify your investment portfolio with ease and confidence!
