For decades, gold coins and bars have been India’s most trusted investment instruments, and with good reason. Gold is a reliable and easy investment, and its value has skyrocketed in recent years, making it a more profitable alternative to keep and multiply.
However, there are certain disadvantages to having real gold kept for a long time, including unintentional loss, theft, decreased resale value owing to manufacturing charges added on at the time of purchase, and storage costs if you store it in a bank locker.
Digital gold, on the other hand, is held in secure vaults and insured on your behalf by the seller, and there are no making expenses, giving you an instant advantage over traditional gold coins and jewellery acquired simply for investment purposes.
What is Digital Gold?
Digital gold is a cutting-edge investing tool that allows you to buy 24 Karat pure gold and deposit it in secure vaults, that is under your control. If you want to keep your digital gold, you may exchange it for 24 Karat/999.9 pure gold coins as per your convenience. More so, you can buy digital gold online easily through Paytm, PhonePe, and Google Pay, among other trustworthy partners. You can also start your investment in digital gold with Home Credit starting with just INR 1. It doesn’t get more affordable than this!
What are the Advantages of Digital Gold?
- Easy Online Purchase, Redemption & Home Delivery
You can buy digital gold online in a few easy clicks & sell it anytime you want too. With Home Credit’s digital gold, you also get the option to redeem the gold you purchased digitally into physical gold and getting it delivered to your doorstep, completely hassle-free.
- Affordable
You can start your investment in digital gold by saving a small amount every month with Gold SIP option. Since there are no limitations on an investment amount, you can start with as low as ₹1 and go up to ₹2 Lakhs in a single day.
- Safe & Secure
Purchasing physical gold comes with a hassle of its safety and security which ends up costing you several additional charges. Digital gold on the other hand is 100% safe and secure with no risk of loss or theft. It is safely kept in insured vaults, without any extra charges, giving you complete peace of mind.
- 24K Gold with 999 Purity
The legitimacy and quality of gold is always a cause for caution while making a purchase. Buying digital gold from Home Credit assures you that you invest in certified 24K gold with 999 purity. Also, digital gold price is the same across India, therefore you can buy and sell gold online at the market-linked rate, anytime, anywhere.
- Instant Gold Gifting
You can gift your loved ones with Gold coins on special occasions just through a mobile number. It’s easy quick and convenient.
How Digital Gold Works?
Step 1: Enter an amount in INR or grams
You can buy gold of a fixed value or weight at live market rates, as per your needs and convenience.
Step 2: Pick your payment method
You can easily pay through various online payment options like UPI, debit/credit cards or net banking.
Step 3: Your gold is now safe & secure in an insured vault
Your digital gold account is updated instantly and can be accessed anytime, anywhere.
Step 4: Sell Anytime
You can sell your digital gold of a fixed amount or weight online whenever you desire.
Step 5: Get Digital Gold Home Delivered
You can get a fixed amount or weight of your digital gold investment delivered right to your doorstep in case you choose not to sell your gold.
Conclusion
There is very little to no doubt that digital gold should be a part of your investment portfolio. It’s an easy investment and with Home Credit India, you can start your investment worry and hassle-free. During Diwali, you can also be on the lookout for exclusive festive offers & deals and stand a chance to win SafeGold vouchers! So, there’s absolutely no excuse for you to not invest in gold now. Start today!