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How to Invest in Digital Gold This Dhanteras with the JioFinance App

Celebrate Dhanteras by Investing in SmartGold Through JioFinance

Mwangi Enos

As Dhanteras approaches, a time celebrated for purchasing precious metals, JioFinance offers an innovative solution for gold investment through its SmartGold feature. This digital gold investment option enables users to buy gold starting from as little as Rs. 10, making it accessible to everyone. With SmartGold, investing in gold is not only easy but also secure and convenient, perfectly aligning with the festive spirit of Dhanteras.

SmartGold allows customers to engage in a completely digital process for purchasing gold. Users can choose to buy gold in various denominations, either in rupees or grams, catering to individual investment preferences. Furthermore, customers have the option to purchase gold coins directly through the digital platform, with the added benefit of doorstep delivery.

The process to invest in digital gold using the JioFinance app is straightforward:

1. Download the JioFinance App: Start by downloading the app on your smartphone from the respective app store.

2. Create an Account: Once downloaded, sign up for a JioFinance account to gain access to the SmartGold feature.

3. Buy Digital Gold: After setting up your account, select the desired amount of gold you wish to invest in and complete the payment process. The ability to invest in small increments makes this option appealing for new investors and seasoned buyers alike.

4. Track Your Investment: The app allows you to monitor your digital gold holdings in real-time, providing updates on price fluctuations so you can make informed decisions about your investment.

5. Redeem Your Gold: In the event that you have to pull your investment out, your digital gold can be converted into cash or real gold. This allows you to either liquidate your assets into cash or look for physical gold coins or ornaments if the situation arises. Carrying out physical gold delivery is feasible for the stake amounts of 0.5 grams and above with the stake amounts of 0.5, 1, 2, 5 and 10 grams denominations.

This Dhanteras, there has been a surge in the number of people investing in gold during these auspicious times digitally. What is made possible via the app is SmartGold and the team is delighted to offer such a service that boasts of not only ease of use but also security thus making it ideal for everyone wishing to mark their celebrations through the purchase of gold.

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