Whether as a symbol of legacy or through the lens of investment, gold is considered the most preferred metal among Indians for ages. With its cultural, social and economic significance, gold has always been and will continue to be an inextricable part of the Indian investors’ portfolio. Since, the adoption of technology has turned everything into digital, so has happened with gold too. A relatively new way of investing in physical gold, Digital gold eliminates the hassle associated with ownership such as storage, purity of the purchased gold etc. It eventually satisfies the intrinsic craving for physical gold by providing the convenience of financial gold in terms of liquidity, effectiveness in tracking gold prices and ease of investment.
Senco Gold and Diamonds has made online investment in 24K digital gold of 995 purity easier, safer and more convenient by introducing Digi Gold that ensures safe digital gold purchase for the investors.
Start trading in Digital Gold with the following steps -
- The initial step required to start investing in digital gold is to go to the website or application of Senco digi gold i.e., mydigigold.
- Sign up with your mobile number and get the registration done.
- Once the registration is done you can decide the amount of gold or money you want to invest. You can invest in an amount as small as 0.05 gm and the maximum limit of purchase is 10 lacs per transaction.
- If digi gold price exceeds 2,00,000; you need to get your KYC done.
- Once the KYC and payment are done, you will get the virtual possession of 24K digital gold which will be stored in a safe custody in your account with a bonafide custodian.
- You can check your statement by clicking on portfolio statement links as online statements will be available all time.
- Later if you wish to sell the gold you can do it on the website or application at the live market rate or you can redeem or get the physical possession of gold from the store of Senco as well.
Advent of digital gold has made buying and selling of gold easy and within everyone’s reach on platforms like mydigigold which offers the safest and quickest investment in gold without any hassle or loss. So enjoy the joy of making the most of the benefits of investing in digital gold on mydigigold.