April 19, 2024

Erichoffer

Savvy business masters

Invest in Digi Gold with Airtel Payments Bank: A Safe and Smart Way to Grow Your Wealth

Airtel Payments Bank launches 'DigiGold' platform for customers to invest  in gold - The Economic Times

Investing in gold has long been considered a reliable strategy for wealth preservation and growth. And now as more and more investors are considering digital gold as the safest investment option, platforms like Airtel Payments Bank, the digital bank of India offer a seamless online banking platform for buying and selling digital gold. Today, Individuals can now conveniently invest in this precious metal without the need for physical storage or security concerns. In this article, we will explore the benefits of investing in Digi Gold through Airtel Payments Bank and provide a step-by-step guide on how to get started. 

Benefits of Investing in Digi Gold

1. Security: With Digi Gold, you eliminate the risk associated with storing physical gold. The digital format ensures that your investment is securely held in a vault, safeguarded by trusted custodians.

2. Convenience: Investing in Digi Gold through Airtel Payments Bank offers unparalleled convenience. You can buy and sell gold at any time, from anywhere, using your mobile phone. There are no geographical limitations or the need to visit a physical store.

3. Fractional Ownership: Digi Gold allows you to invest in fractional units, making it accessible to a wider range of investors. You can start with small amounts, gradually increasing your investment as per your financial capability.

4. Transparency: Airtel Payments Bank ensures transparency by providing real-time updates on the price of gold, allowing you to make informed investment decisions. You can track the value of your investment effortlessly within the app.

5. Liquidity: Selling your Digi Gold investment is hassle-free. With just a few clicks, you can convert your digital gold into cash and withdraw the funds directly to your linked bank account.

Steps to Buy Digi Gold on Airtel Payments Bank

Step 1: Visit the Airtel Payments Bank website. 

Begin by visiting the official website of the digital bank. 

Step 2: Link Your Bank Account and Set Up Airtel Payments Bank

To invest in Digi Gold, link your existing bank account to your Airtel Payments Bank account. This can be done within the app by following the instructions provided. If you don’t have an Airtel Payments Bank account, you can set one up using your mobile number and the required KYC documents.

Step 3: Access the ‘Gold’ Feature

Once your Airtel Payments Bank account is set up, on the website and navigate to the ‘ Digi Gold’ feature. This feature allows you to view and manage your Digi Gold investments.

Step 4: Choose the Gold Provider

Airtel Payments Bank partners with trusted gold providers to ensure the authenticity and quality of your investment. Select the preferred gold provider from the available options within the app. 

Step 5: Enter the Investment Amount

Specify the amount in rupees that you wish to invest in Digi Gold. The app will display the corresponding quantity of gold you will receive based on the current market price. 

Step 6: Review and Confirm the Purchase

Before finalizing your investment, review the details, including the investment amount, current gold price, and applicable charges. Once satisfied, confirm the purchase to initiate the transaction.

In conclusion, investing in Digi Gold through Airtel Payments Bank offers a safe and smart way to grow your wealth.