Gold has long been a favored method of saving among Indian families, often acquired during festivals and handed down through generations. Onam, one of the most celebrated and anticipated festivals in Kerala, is regarded as an auspicious occasion for purchasing gold, representing prosperity, abundance, and new beginnings. This Onam, families can embark on their digital gold investment journey with Paytm, starting with instant purchases as low as ₹51.
The gold is safely stored in insured and audited vaults, removing the necessity for physical storage or locker fees. As India’s most reliable payment application, Paytm Gold addresses prevalent concerns regarding purity, safety, and hidden fees associated with conventional gold purchases, while guaranteeing 24K gold purity is available for immediate purchase. To facilitate long-term savings, Paytm provides flexible investment options, including daily, weekly, and monthly contributions. Prices are based on live market rates, and every transaction is securely documented in a digital locker. Accumulated gold can be redeemed as physical coins or sold back through the platform. For redemptions, the platform ensures the delivery of hallmarked, BIS-certified gold that meets global quality standards.
How to Invest in Paytm Gold
Open the Paytm app and search for ‘Paytm Gold’ or ‘Daily Gold SIP’ using the search bar.
Tap on ‘Buy More’ and input the investment amount (starting from just ₹51).
Check the live gold price, which includes GST, and select between a one-time purchase or a recurring investment through Daily, Weekly, or Monthly SIP.
Choose a payment method (UPI, net banking, or debit card) to finalize the purchase.
Upon successful transactions, the gold is securely stored in insured vaults, and a confirmation is sent via SMS and email.
The Daily Gold SIP enables individuals to automate small, recurring investments, simplifying the process of building gold holdings over time. This systematic approach encourages disciplined saving and provides the advantage of price averaging without necessitating large upfront investments.