Tag: SafeGold

Business World

Airtel Payments Bank launches DigiGold – a digital platform for customers to make investments in gold

May 14, 2021 by Neel Achary 0 Comments #Airtel Payments Bank, #Chief Operating Officer, #Ganesh Ananthanarayanan, #Gaurav Mathur, #MD, #SafeGold

Hyderabad, May 14, 2021: As part of its growing bouquet of digital services, Airtel Payments Bank today launched DigiGold in partnership with SafeGold – the leading provider of digital gold.

With DigiGold, Airtel Payments Bank’s savings account customers can invest in 24K gold using the Airtel Thanks app. Customers can also gift DigiGold to their family and friends, who have a savings account with Airtel Payments Bank.

The gold purchased by customers is stored securely by SafeGold at no additional cost and can be sold through the Airtel Thanks app at any time in a matter of few clicks. There is no minimum investment value requirement and customers can start with as low as one rupee.

Ganesh Ananthanarayanan, Chief Operating Officer, Airtel Payments Bank, said, “DigiGold is the latest addition to our neo-banking proposition of simple, secure, and value-driven products. Our customers can now invest in gold through a seamless digital journey on our app. We also plan to introduce Systematic Investment Plans to enable customers to invest regularly.”

Gaurav Mathur, MD, SafeGold, said, “Gold is a part of almost every Indian’s investment portfolio, it is imperative for the ecosystem to devise avenues that empower every citizen to buy and sell gold digitally. Gold has seen a resurgence over the past year as the instrument of the savings of choice, and we are proud to have partnered with Airtel Payments Bank to offer customers a range of digital gold-related products in the manner and value of their choice.”

SafeGold, the leading provider of digital gold, offers customers 24K gold ascribing to international quality standards. It combines the convenience and speed of the internet with the safety of a SEBI registered Trustee and more security than traditional gold purchases.

Airtel Payments Bank recently increased its savings deposit limit to Rs 2 lakhs in line with RBI guidelines. It now offers an increased interest rate of 6% on deposits between Rs 1 – 2 lakhs.

Business World

Buy 24K gold on PhonePe and get a flat 5% assured cashback

Nov 7, 2020 by Gouri Achary 0 Comments #24K gold, #cashback, #MMTC, #PhonePe, #SafeGold

PhonePe, India’s leading digital payments platform today announced an exciting cashback offer for its customers. Customers buying 24 Karat physical gold using the PhonePe app between October 25 (Dussehra) and November 14 (the day after Dhanteras) will get a flat 5% assured cashback.

PhonePe has a sophisticated marketplace letting customers choose the purity of the Gold they prefer as well as the provider of their choice. Customers can buy certified 24K Gold, for as low as INR 1 at market-linked transparent prices from trusted partners like SafeGold and MMTC. All the customer needs to do is log in to the PhonePe app and start buying gold in a few clicks. The whole process is seamless and can be completed within 2 minutes. Customers can order doorstep delivery of gold as well in tamper-proof boxes. Every rupee collected from customers is used to purchase physical 24 Karat gold which is stored in a safe bank-grade insured locker.

Buying physical Gold using PhonePe is a very simple process. All the customer needs is the PhonePe app and a bank account linked to it post which he/she is just a few clicks away from buying gold.

Step 1: Log in to the PhonePe app and click on the My Money section

Step 2: Under Investments, click the Gold icon

Step 3: Choose a Provider of your choice

Step 4: Enter the amount (Rs) or weight (gms) for which you want to buy gold

Step 5: Make the payment using BHIM UPI/Credit Card/Debit Card

You are now the owner of a bank-grade insured digital locker where your gold is safely stored