Technology has transformed the way people store and manage money. The demand for gold purchased digitally has enhanced drastically in the last few years as it offers high liquidity. Investors can easily convert the accumulated gold into gold ornaments whenever they wish.

A hassle-free, smart, safe and easy way to accumulate 24K 99.5% pure gold in small amounts on a daily, weekly or monthly basis is through SPP. You can start investing with just Rs.10 per day by choosing myDigiGold for SIP gold investment.

Your Common Queries About SIP Gold Investment Have Been Answered

• What is SIP?

  Systematic Investment Plan (SIP), also known as Systematic Purchase Plan (SPP), allows one to systematically purchase gold on a digital platform in small quantities at fixed intervals. It is an affordable option for customers willing to buy 24K digital gold, yet not impacting substantially on their financial commitments.

• How does SIP work?

  Customers investing in a SIP or SPP plan can set a specific amount and frequency at which they want to buy gold digitally. The platform will deduct the specified amount from their bank account on a daily, weekly or monthly basis depending on their preferred choice. Money is deducted as per the regular ECS mandate norms. The digitally purchased gold is stored in a Custodian Vault on account of the customer. It can be redeemed as physical gold later.

• Is SIP safe?

  Buying gold digitally through SIP or SPP is considered safe as it eliminates the risk of storing physical gold. However, it is essential to choose a reliable and trustworthy digital platform that provides secure storage and transparent pricing like myDigiGold. We value the reputation earned by us over the years and provide 100% secure service to our customers.

• How can I start investing in SIP?

  Digital platforms like myDigiGold ensure a hassle-free registration process for SPP. You can open an account using your mobile number linked with your bank account and complete the necessary KYC (Know Your Customer) process. Once your account is set up, you can start buying gold digitally by setting up a desired amount and frequency of payment.

Since your common queries about SPP have been resolved, it’s time you visit myDigiGold and start your hassle-free SIP gold investment.