Sign Up / Login

Why Start with ₹10?

Digital gold is an innovative investment method where you can buy and sell gold online. Each unit of digital gold you purchase is backed by actual physical gold stored securely in vaults. This ensures that your investment is safe, and you have the flexibility to sell or convert it into physical gold whenever you choose.

Why Start with ₹10?

Starting with a small amount like ₹10 allows you to:

  • Test the Waters: Understand how digital gold investments work without committing a large sum.
  • Build a Habit: Regular small investments can accumulate into a significant amount over time.
  • Accessibility: It democratizes gold investment, making it accessible to everyone, regardless of their financial background.

Steps to Invest in Digital Gold

  1. Choose a Platform: Select a reputable platform that offers digital gold services. Some popular options include:
    • Paytm: Offers digital gold in partnership with MMTC-PAMP.
    • PhonePe: Provides digital gold services through SafeGold.
    • Google Pay: Allows users to buy digital gold via MMTC-PAMP.
    • Jar App: Enables users to invest spare change into digital gold.
  2. Create an Account: Sign up on the chosen platform using your mobile number and complete the necessary KYC (Know Your Customer) procedures.
  3. Start Investing: Enter the amount you wish to invest (as low as ₹10) and complete the payment using available options like UPI, debit card, or net banking.
  4. Monitor Your Investment: Track your digital gold holdings through the platform’s dashboard. You can view real-time prices and decide when to buy more or sell.

Benefits of Digital Gold

  • Purity Assurance: Most platforms offer 24K 99.9% pure gold.
  • Secure Storage: Your gold is stored in insured vaults, eliminating storage concerns.
  • Liquidity: Sell your digital gold anytime and receive funds directly into your bank account.
  • Flexibility: Convert your digital gold into physical gold (coins or bars) and have it delivered to your doorstep.

Things to Keep in Mind

  • GST Charges: A 3% Goods and Services Tax is applicable on digital gold purchases.
  • Storage Duration: Some platforms offer free storage for a limited period (e.g., 5 years), after which charges may apply.
  • Regulatory Oversight: Digital gold is not regulated by SEBI or RBI, so ensure you choose platforms that partner with trusted gold providers.

Example: Investing ₹10 Daily

If you invest ₹10 daily in digital gold:

  • Monthly Investment: ₹10 x 30 days = ₹300
  • Yearly Investment: ₹300 x 12 months = ₹3,600

Over time, this consistent investment can accumulate into a substantial gold reserve, providing financial security and potential appreciation.

 

Conclusion

Digital gold offers a convenient and flexible way to invest in one of the most trusted assets. Starting with just ₹10, you can embark on your investment journey, gradually building wealth and securing your financial future. Always research and choose reputable platforms to ensure the safety and authenticity of your investment.

Ready to go for gold? Start your digital gold journey today on InCred Money.

Sources:

Related Posts

RBI Slashes Repo Rate: What It Means for Your Money

In a surprise yet welcome move, the Reserve Bank of India (RBI)

Basics of Alternative Investment Funds (AIFs) in India

Basics of Alternative Investment Funds (AIFs) in India

Investing isn’t just about stocks and mutual funds. There are other options

IPOs to Watch in 2025

India’s stock market in 2025 is set for a wave of high-profile

Get In Touch

+91 8591871028 | +91 8928250817 connect@incredmoney.com
Click here for NRI Login

Social Media

Facebook-f Instagram Linkedin-in X-twitter

Download InCred Money App

Disclaimer

Fixed Deposits are offered by Banks/NBFCs and are regulated by the Reserve Bank of India. Alpha Fintech Private Limited, under the brand name of InCred Money, is acting in the capacity of Sub Agent/Referral Partner for distribution of Fixed Deposits of Banks and NBFCs. The funds transferred by the customer for the Fixed Deposits are directly credited to the regulated entity offering the Fixed Deposit product. Fixed Deposits are offered to Resident Indians above the age of 18 who have a PAN & an Aadhaar. Interest rates are subject to change. *T&C apply.
The information and data provided on the InCred Money platform concerning unlisted equities are solely for informational purposes and should not be interpreted as a recommendation or solicitation to invest. InCred Money and its representatives are not SEBI-registered research analysts or advisors. Any research, analysis, or information presented on this platform does not constitute investment advice or a recommendation by InCred Money or its affiliates. Investors are strongly encouraged to perform their own thorough research and due diligence before making any investment decisions. Any decision to invest or not to invest shall be at your own discretion. Unlisted equities carry a higher risk profile compared to listed securities, including but not limited to liquidity risk, regulatory risk, and market volatility. Potential investors should be aware of these risks and consider them carefully. It is highly recommended that investors consult with their own financial advisors to understand the suitability of such investments in the context of their personal financial situation, investment objectives, and risk tolerance. Additionally, investors should read and fully understand the detailed risk profile and disclosures attached to the unlisted equities before proceeding with any investment.
The information mentioned on the platform is based on publicly available data and to the best of our knowledge, does not constitute insider information.
Pre-IPO shares are unlisted securities, but this should not be interpreted as InCred Money guaranteeing or confirming that an IPO will take place for these shares. The decision to proceed with an IPO is entirely at the discretion of the issuing company, which may choose not to go public.
InCred Money is the brand name of Alpha Fintech Private Limited with its registered office at The Capital, Unit No 1203, 12th floor, B Wing, Plot No. C-70, G Block, Bandra Kurla Complex, Mumbai – 400 051.
Unless otherwise mentioned, Alpha Fintech Private Limited will be the counterparty (seller) while making your investment.
*Corporate Bonds transactions are executed on Biddeasy.com. Biddeasy is Online Bond platform provider and registered with BSE and NSE in the name of Oro Financial Consultants Pvt Ltd.
Oro Financial Consultants Pvt Ltd is the Stock broker entity operating in cash and debt segment with BSE and Debt segment with NSE having SEBI registration number: INZ000312534, Registered as an Online Bond Platform Provider in BSE Ltd.(Member Code: 6821) and National Stock Exchange of India Limited (Member Code: 90389)