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3 Digital Gold Savings apps making investments rewarding in India

By Gloria Mathias

October 31, 2023

  • Asset Creation India
  • Asset Management
  • digital app
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India, Savings, Gold, Digital App, Fintech Platform, Digital Savings, Gold Saving, Wealth Creation, Asset Management, World Savings Day, India Savings, Gold, Investments, Gold India, Asset Creation India, Savings India, Personal Finance India, Fintech News Listicle,

Saving, securing, and collecting are basic human instincts, and if reciprocated with promising rewards, they empower individuals to invest better.

Similarly, your earnings comprise a major part of your income, and if diversified well, it protects you from market risks. Hence, your savings act as a shield, safeguarding you against the risk of the financial markets.

World Savings Day is a commemorative occasion for every individual who seeks to be financially aware, averse, and secure. Your savings are your backbone in times of uncertainty. Moreover, when you accumulate income, it is imperative to budget your money, save it, spend it, and invest it meticulously.

Well, with the heightened financial innovation, saving’s been a cakewalk, and what better than to digitally be in check of your finances!

Listed below are 3 FinTech platforms converting savings into gold in India:

GoldPe aims to revolutionise the way young Indians perceive saving by making it a rewarding experience. It offers an alternative to this cycle of debt by saving. In GoldPe’s app, users have the chance to win while also enjoying better economic value than they would with a traditional savings account. With GoldPe, saving money is seamless, efficient and convenient.

Gullak automates savings in a secure way. It helps users create wealth by automating savings using UPI AutoPay 2.0 and auto-investing that into digital gold using Augmont. Gullak Gold+ is an investment option through which you can earn an assured extra 5% of gold every year with annual gold returns of ~11%. This makes Gullak Gold+ a lucrative investment choice. It streamlines the process of saving and investing in wealth-creating assets like gold to meet long-term financial goals.

Jar is a habit-building micro-savings platform that helps users save fixed amounts from as little as ₹10, and the revolutionary round-off method effortlessly accumulates spare change from digital transactions and invests it in digital gold. With seamless ease of use, it provides users with the ability to withdraw their savings directly into their bank accounts as cash or receive physical gold. It empowers individuals with a flexible line of credit, starting at ₹1000, offering instant access to funds when needed.

Also read: Wealth Management & Private Banking Systems Report Q2 2024

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