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Digital Gold Investment App In India

Updated: Feb 5

Gold has been a popular investment option in India for centuries. It is seen as a safe haven asset and a hedge against inflation. However, buying and storing physical gold can be cumbersome and expensive. Digital gold investment apps offer a convenient and affordable way to invest in gold, without the need to worry about storage or security.

Digital Gold Investment App In India
Digital Gold Investment App In India

What is a digital gold investment app?

A digital gold investment app is a mobile app that allows you to buy and sell gold online. You can invest in gold as little as Rs. 1, and the gold is stored in a secure vault on your behalf. You can also redeem your digital gold for physical gold, if you wish.


Benefits of using a digital gold investment app

There are many benefits to using a digital gold investment app, including:

  • Convenience: You can buy and sell gold from your smartphone, 24/7.

  • Affordability: You can invest in gold as little as Rs. 1.

  • Security: The gold is stored in a secure vault on your behalf.

  • Transparency: You can track the price of gold in real time and see the value of your investment anytime.

  • Flexibility: You can redeem your digital gold for physical gold, if you wish.

How to use a digital gold investment app

To use a digital gold investment app, you will need to create an account and provide your KYC details. Once your account is verified, you can start investing in gold.


To buy gold, simply select the amount of gold you want to buy and pay for it using your preferred payment method. The gold will be credited to your account immediately.


To sell gold, simply select the amount of gold you want to sell and redeem it for cash or physical gold.


Popular digital gold investment apps in India

There are many digital gold investment apps available in India, including:


1. Gullak

Gullak is one of the most popular digital gold investment apps in India. It allows users to invest in 24K 999 purity gold in small denominations, starting from Rs. 10. Gullak also offers a unique feature called Gold+, which allows users to lease their digital gold and earn an extra 5% gold returns every year. This means that users can potentially earn up to 16% returns on their gold investments on Gullak.


Gullak - Digital Gold Investment App In India
Gullak - Digital Gold Investment App In India

Here are some of the key features of Gullak:

  • Easy to use: Gullak has a user-friendly interface that makes it easy for anyone to invest in gold, even if they are new to investing.

  • Flexible investment options: Gullak offers a variety of investment options, including daily savings, save on every spend, and top-up. This allows users to invest in gold in a way that suits their needs and budget.

  • Secure: Gullak is a secure platform that uses the latest security technologies to protect users' investments.

  • Affordable: Gullak does not charge any commission or fees on gold investments. This means that users can get the full value of their investments.

How to invest in digital gold on Gullak:

  1. Download the Gullak app from the Google Play Store or Apple App Store.

  2. Create an account and verify your PAN card.

  3. Select the investment option that suits you best.

  4. Add money to your Gullak wallet using UPI, Paytm, or other payment methods.

  5. Start investing in gold!

Benefits of investing in digital gold on Gullak:

  • Liquidity: Digital gold on Gullak is highly liquid. Users can sell their gold anytime they want, at the current market price.

  • Convenience: Digital gold is convenient to buy, sell, and store. Users do not have to worry about the hassle of buying and storing physical gold.

  • Affordability: Digital gold can be purchased in small denominations, starting from Rs. 10. This makes it an affordable investment option for everyone.

  • Transparency: Gullak is a transparent platform that provides users with real-time information about the price of gold and their investment value.

Overall, Gullak is a good option for those looking to invest in digital gold in India. It offers a variety of features and benefits that make it easy and affordable to invest in gold.



2. Jar

Jar is one of the leading digital gold investment apps in India. It allows users to invest in 24K digital gold from as little as ₹10. Jar also offers a unique feature called "round-up," which automatically invests the spare change from daily transactions into digital gold. This makes it a great way to save money and invest in gold without even having to think about it.


Jar - Digital Gold Investment App In India
Jar - Digital Gold Investment App In India

Here are some of the benefits of using Jar to invest in digital gold:

  • Convenience: Jar is a very convenient way to invest in gold. You can create an account and start investing in minutes, all from the comfort of your own home.

  • Affordability: Jar allows you to invest in gold from as little as ₹10. This makes it a great option for people of all income levels.

  • Flexibility: Jar offers a variety of investment options to choose from. You can invest daily, weekly, or monthly. You can also set a recurring investment amount or invest manually whenever you want.

  • Security: Jar is a trusted and secure platform for investing in gold. Your gold is stored in insured vaults and you can withdraw it anytime you want.

Jar is a great option for anyone looking to invest in digital gold in India. It is convenient, affordable, flexible, and secure. If you are looking for a way to save money and invest in gold, Jar is definitely worth considering.



3. MMTC-PAMP

MMTC-PAMP is a joint venture between Switzerland-based bullion brand PAMP SA and MMTC Ltd, a Government of India Undertaking. It is one of the most trusted and reliable digital gold investment apps in India.


MMTC-PAMP - Digital Gold Investment App In India
MMTC-PAMP - Digital Gold Investment App In India

Features of MMTC-PAMP Digital Gold Investment App

  • Flexibility: You can buy and sell gold in fractions, starting from INR 1. You can also redeem your gold in the form of gold coins or minted products.

  • Easy buyback: You can sell back your gold holdings to MMTC-PAMP at any time during the open sale back window. The money will be credited to your bank account.

  • Purity: MMTC-PAMP sells 24K, 99.99% pure gold.

  • Highest accreditation: MMTC-PAMP is accredited by the London Bullion Market Association (LBMA).

  • 100% secure: MMTC-PAMP stores your gold in insured vaults.

  • Doorstep delivery: You can get your gold delivered to your doorstep.

How to use MMTC-PAMP Digital Gold Investment App

To use the MMTC-PAMP digital gold investment app, you need to create an account and link your bank account. Once your account is verified, you can start buying and selling gold.

To buy gold, simply enter the amount of gold you want to buy and the payment method. The gold will be credited to your account immediately.


To sell gold, simply enter the amount of gold you want to sell and the bank account where you want the money to be credited. The money will be credited to your bank account within 3-5 business days.


To redeem gold:

  1. Select the quantity and denomination of the gold you wish to redeem from the available options of coins on the Partner Platform.

  2. Request for all or part of your gold holding between 1 gram and multiples thereof.

  3. Confirm the transaction by paying the additional making and delivery charges.

  4. Your gold product will be delivered at your notified address by a logistics provider.

Why invest in gold using MMTC-PAMP Digital Gold Investment App?

There are a number of benefits to investing in gold using the MMTC-PAMP digital gold investment app:

  • Convenience: You can buy, sell, and redeem gold from the comfort of your home.

  • Affordability: You can invest in gold in small denominations, starting from INR 1.

  • Security: Your gold is stored in insured vaults.

  • Transparency: You can track the live price of gold and your investment holdings in real time.

  • Reliability: MMTC-PAMP is a trusted and reliable brand.

Overall, the MMTC-PAMP digital gold investment app is a convenient, affordable, secure, and transparent way to invest in gold.


4. Google Pay

Google Pay is a popular mobile wallet app that has partnered with MMTC-PAMP to sell digital gold. This means that you can buy, sell, and exchange digital gold directly from your Google Pay app.



Google Pay offers a number of advantages, including:

  • A simple and convenient way to buy and sell digital gold

  • The ability to use your existing Google Pay balance to buy digital gold

  • A secure and trusted platform

5. Paytm

Paytm is another popular mobile wallet app that offers digital gold investment. It has partnered with MMTC-PAMP to sell digital gold on its platform.


Paytm - Digital Gold Investment App In India
Paytm - Digital Gold Investment App In India

Paytm offers a number of features, including:

  • The ability to buy, sell, gift, or get delivery of your digital gold anytime you want

  • A secure and insured storage for your gold

  • Live gold price tracking

  • A user-friendly app and website

6. PhonePe

PhonePe is a popular mobile payment app that has partnered with MMTC-PAMP and SafeGold to offer digital gold investment. This means that you can buy, sell, and convert your digital gold within minutes through your PhonePe app.


PhonePe offers a number of advantages, including:

  • A convenient and easy-to-use way to buy and sell digital gold

  • The ability to use your existing PhonePe balance to buy digital gold

  • A secure and trusted platform

7. 5Paisa

5Paisa is a popular stock market trading app that also offers digital gold investment. It has partnered with Augmont Gold to provide digital gold to its customers.


5Paisa offers a number of features, including:

  • The ability to buy, sell, and redeem digital gold

  • A secure and insured storage for your gold

  • Live gold price tracking

  • A user-friendly app and website

8. Groww

Groww is a popular direct mutual fund and stock investing app that also offers digital gold investment. It has partnered with Augmont Gold to provide digital gold to its customers.


Groww offers a number of features, including:

  • The ability to buy, sell, and redeem digital gold

  • A secure and insured storage for your gold

  • Live gold price tracking

  • A user-friendly app and website

9. Amazon Pay

Amazon Pay is a popular payment app that has partnered with SafeGold to sell digital gold. This means that you can buy, sell, and gift digital gold through your Amazon Pay app.


Amazon Pay offers a number of advantages, including:

  • A convenient and easy-to-use way to buy and sell digital gold

  • The ability to use your existing Amazon Pay balance to buy digital gold

  • A secure and trusted platform

10. Airtel Payment Bank

Airtel Payment Bank is a mobile banking app that also offers digital gold investment. It has partnered with SafeGold to sell digital gold on its platform.


Airtel Payment Bank offers a number of advantages, including:

  • The ability to buy, sell, and deliver digital gold

  • A secure and insured storage for your gold

  • Live gold price tracking

  • A user-friendly app and website

11. DigiGold

DigiGold is a popular digital gold investment app that is known for its security and reliability. It sells gold and silver of 24K and 99.9% purity.


DigiGold offers a number of features, including:

  • The ability to buy, sell, and convert digital gold

  • A secure and insured storage for your gold

  • Live gold price tracking

  • A user-friendly app and website


When choosing a digital gold investment app, it is important to consider factors such as fees, investment options, and security. It is also important to read the terms and conditions carefully before investing.


FAQs on Digital Gold Investment App


Q: What is a digital gold investment app and how does it work?

A: A digital gold investment app is a mobile app that allows you to buy and sell gold online. You can invest in gold for as little as Rs. 1, and the gold is stored in a secure vault on your behalf. You can also redeem your digital gold for physical gold, if you wish.


Q: What are the benefits of using a digital gold investment app?

A: Some of the benefits of using a digital gold investment app include convenience, affordability, security, transparency, and flexibility. You can buy and sell gold from your smartphone, invest in gold for as little as Rs. 1, and track the price of gold in real-time.


Q: How do I use a digital gold investment app?

A: To use a digital gold investment app, you will need to create an account and provide your KYC details. Once your account is verified, you can start investing in gold. Simply select the amount of gold you want to buy and pay for it using your preferred payment method. The gold will be credited to your account immediately.


Q: What are the differences between digital gold and physical gold?

A: Digital gold and physical gold have some key differences. Digital gold is a convenient and affordable way to invest in gold without the need to worry about storage or security. It can be bought and sold online, and its value is tracked in real-time. On the other hand, physical gold is a tangible asset that you can physically hold and store. It requires storage and security measures, and its value may fluctuate based on factors such as demand and supply.


Q: Is digital gold investment a good or bad option?

A: Digital gold investment can be a good option for those looking to invest in gold without the hassle of buying and storing physical gold. It offers convenience, affordability, security, transparency, and flexibility. However, as with any investment, it is important to do thorough research, understand the risks involved, and make informed decisions based on your financial goals and risk tolerance.



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