PhonePe: Indians adore gold. Therefore, it should come as no surprise that Indians purchase nearly 700 tonnes of gold annually in the shape of coins, jewellery, and bars! As a result, PhonePe gives its customers the chance to invest in 99.99% pure 24K Gold quickly and easily with just a few clicks. Users have the option of having the acquired Gold delivered straight to their door in the shape of coins and bars, or they can store it safely in lockers run by PhonePe’s partners, MMTC-PAMP and SafeGold.
PhonePe: Now Invest In Gold Easily With UPI SIP
PhonePe has already announced the introduction of UPI SIP for gold investment, making gold investing simple and methodical. Customers can now invest a monthly defined amount in the purest 24K gold available, and they can store their gold in protected bank-grade lockers.
The simplicity of UPI is a benefit of launching a Gold SIP on PhonePe. All the user needs to do is choose the Gold provider, specify the monthly investment amount, and authenticate using their UPI PIN to complete the process! Gold SIP setup is a simple, one-time transaction, and all ensuing investments are fully automatic. Investors in gold will have total control over their holdings; they can sell it whenever they want and receive a direct credit to their bank account.
PhonePe: Advantages of Investing in Gold With UPI SIP
PhonePe users can easily make an investment in Gold with UPI SIP and get the following benefits:
1. You can invest in 24 Carat gold with just Rs.100
Users can start investing in the purest 24K gold through the Gold SIP for as little as Rs 100 per month, and they can keep making small monthly investments to progressively increase their gold savings.
2. You can be rest assured about the price movement
Users can make investment decisions without constantly monitoring gold prices because Gold SIP is a periodic investment. Putting a set amount of money into Gold at predetermined intervals may eventually lower the user’s average cost of investing.
