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Advantages of digital gold

GoldLoanFromHome

By FinanceMasterPublished about a year ago 3 min read
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Have you heard about Digital Gold and wondered what it is? Here’s a simple guide on Digital Gold and why you should start investing in it. Buying physical gold is one of the most preferred means of investment in India, however, it has a few drawbacks like the guarantee of purity, safety and storage of gold and is a large one-time investment.

Digital Gold is the digital form of the precious metal. You can start investing in Digital Gold for as little as Re.1 and an equivalent amount of physical gold is kept in an insured vault. You can purchase 99.99% pure gold virtually through the ONE Muthoot App. Click here to start your investment journey.

Our app enables you to buy, store and/or invest in gold, digitally, and that too within a few minutes. Here are some of the advantages of investing in Digital Gold:

Free and secure storage

One of the biggest advantages of Digital Gold is that you don’t have to worry about keeping your gold safe or pay banks to keep it in their lockers. We are a SBU of Muthoot FinCorp Ltd, that has a legacy of 135+ years, and we take care of storing your gold in secured vaults without any charges.

Instant Liquidity

Digital Gold is backed by physical gold, there is no difference between physical and Digital Gold. You can buy and sell Digital Gold through our app anytime and anywhere at live market values within seconds. You can start with a small quantity and grow your holdings over time or start a Digital Gold SIP, click here to read how you can start a SIP with us.

Purity

When you purchase Digital Gold, you get 24 Karat which is 99.99% pure gold. Unlike gold jewellery, there are no making charges so you can have a complete return on your investments. Due to irregularities or fraudulent practices determining the purity of gold jewellery as a buyer is difficult which is not the case with Digital Gold.

Here are other advantages you get when you invest in Digital Gold with us through our app:

Invest with as low as Re. 1

You can start investing in Digital Gold for as low as Rs 1 from our app. You can head to the ONE Muthoot App to buy and sell gold digitally with an amount that you are comfortable with.

Start a SIP

Grow your investments by starting a Systematic Investment Plan (SIP) of your Digital Gold where you can choose to invest weekly or monthly from the app on a set date. The gold is automatically purchased on that date and added to your gold vault.

Digital Gold is 100% Insured

All Digital Gold that is bought from our app is automatically insured and is stored safely in vaults

Unlimited storage period

When you buy Digital Gold with us we will keep it safely in a vault for an unlimited period.

No upper limit for investment

You can invest in as much gold as you want. Once you complete KYC on the app there is no upper limit on your Digital Gold investments.

You can secure your future by starting and growing investments. Digital Gold is a great investment to look at since it is flexible, easy, pocket-friendly, and hassle-free. You can also start a SIP for continuous gold investments. When buying gold digitally you get the same value of physical gold kept in a safe vault under your name making it a much more secure and safe investment. Head to the ONE Muthoot app now to start investing in Digital Gold.

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