How to buy Gold worth 100 rupees using Digital Gold App

 How to Buy Gold Worth ₹100 Using a Digital Gold App


Gold has been a timeless symbol of wealth, security, and financial stability in Indian households. Traditionally, investing in gold meant buying jewelry, coins, or bars from a physical store. But today, the way we invest has changed dramatically.

Thanks to digital gold platforms, you can now buy gold anytime, anywhere, and with any amount—even as little as ₹100! This makes gold investment accessible to everyone, whether you're a student, a young professional, or someone just getting started with saving.

In this guide, we’ll walk you through everything you need to know about buying gold worth ₹100 using a digital gold app—step by step.

🧐 What is Digital Gold?

Digital gold is a modern, tech-driven way to invest in real, physical gold without having to deal with the logistics of buying, storing, or safeguarding it. Here's how it works:

  • You buy gold online through an app.

  • The same amount of 24K physical gold is purchased and stored securely in your name by a certified custodian.

  • You can sell it back anytime, get it delivered, or even use it to buy jewelry from partnered retailers.

This makes digital gold a safe, transparent, and flexible investment option for even the smallest investors.

📱 Step-by-Step Guide: How to Buy Gold Worth ₹100 Using a Digital Gold App

🟡 Step 1: Choose a Trusted App

First, choose a digital platform or app that allows you to buy and store digital gold. Some of the most popular apps in India include:

  • PhonePe

  • Paytm

  • Google Pay

  • MobiKwik

  • BharatPe

  • Tata Neu

  • MMTC-PAMP

  • SafeGold

These apps are either directly integrated with digital gold providers or act as resellers for trusted companies like MMTC-PAMP or SafeGold, both of which are BIS-certified and offer 24K 999.9 purity gold.

✅ Tip: Always choose apps that work with RBI-licensed or BIS-accredited providers for added safety.

🟡 Step 2: Register and Complete KYC

Most digital gold platforms require a quick and easy registration process. Depending on the amount you invest, you might or might not need full KYC right away.

  • For small investments like ₹100, basic details such as your mobile number and name may be enough.

  • For higher transactions or long-term holding, you might need to upload documents like:

    • PAN Card

    • Aadhaar Card

The process is secure and usually takes less than 5 minutes.

🟡 Step 3: Find the “Buy Gold” Section

Once you're inside the app:

  • Look for a section labeled “Gold”, “Digital Gold”, or “Gold Vault.”

  • Tap on it to view current gold prices and investment options.

  • These prices are updated live and reflect the real-time market value of 24K gold.

🟡 Step 4: Enter the Amount – ₹100

Now, you’re ready to invest. Here’s how:

  • Select Buy Gold by Amount.

  • Enter ₹100 in the box.

  • The app will instantly calculate how much gold you’ll receive for ₹100, based on the current price (usually displayed in ₹/gram).

For example, if gold is priced at ₹6,500 per gram:

  • ₹100 will fetch you about 0.0153 grams of 24K gold (after taxes and charges, which are usually minimal).

💡 Note: Some platforms may also offer the option to buy gold by weight (e.g., in grams), but for small amounts, entering by value is simpler.

🟡 Step 5: Review, Pay & Confirm

Before confirming, take a quick look at:

  • Live gold price

  • Amount of gold you'll receive

  • Any charges (GST is usually applicable)

  • Total amount to be paid

Once satisfied, choose your payment method:

  • UPI

  • Debit/Credit Card

  • Net Banking

  • Wallet balance (if applicable)

After the transaction is successful, the app will instantly credit the gold to your digital gold account or “vault.”

🟡 Step 6: Your Gold is Stored Safely

Congratulations! You now own real 24K gold worth ₹100.

  • This gold is physically stored in a 100% insured vault under your name.

  • You can view your balance anytime via the app in terms of grams and current value.

  • It’s as secure as having a locker—but digital!

🤔 What Can You Do with Your Digital Gold?

One of the biggest advantages of digital gold is flexibility. Here’s what you can do with it:

🔁 Sell It Anytime

You can sell your gold back to the provider at the live price. The money is usually credited to your wallet or bank account within minutes.

📦 Get Home Delivery

Convert your digital gold into coins or bars and get them delivered to your doorstep. Most apps offer this service for a small fee.

🎁 Gift It to Someone

Some apps allow you to gift gold digitally to your loved ones. It’s an easy and thoughtful way to celebrate occasions like birthdays, weddings, or festivals.

💍 Use It to Buy Jewelry

Select partners (like Tanishq, Kalyan Jewellers) allow you to redeem your digital gold directly while purchasing jewelry.

🧾 Is There Any Catch?

While digital gold is extremely convenient, here are a few things to keep in mind:

  • GST (3%) is applicable when buying.

  • Storage is usually free for up to 5 years, after which a nominal fee may apply.

  • Not all platforms offer delivery options—check this before you invest if that matters to you.

  • Prices may vary slightly between platforms due to provider differences.

🏁 Final Thoughts: Start Small, Dream Big

Investing in gold doesn’t have to be expensive or complicated. With as little as ₹100, you can start building your wealth in the most trusted asset class known to Indians for generations.

Digital gold apps give you security, transparency, flexibility, and the freedom to invest at your own pace. Whether you’re saving for a future goal, diversifying your investments, or simply experimenting—this is a great way to start.

So go ahead, open that app, and turn your ₹100 into gold today. ✨

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