Is digital gold better than physical gold in India?

Digital gold is generally the smarter investment for wealth building, as it eliminates making charges and storage risks while offering 24K purity and instant liquidity for as little as ₹10. Physical gold is better suited for immediate ornamental or traditional use, though many now prefer to accumulate gold digitally and convert it to physical jewelry later to save on costs.

What are the charges for buying digital gold on FatakPay?

Buying digital gold on FatakPay involves a mandatory 3% GST as per government regulations and a small buy-sell spread, typically between 2% to 3%, which covers secure vaulting, insurance, and trustee fees. There are no additional hidden costs, brokerage fees, or locker charges, ensuring your investment remains transparent and focused on the live market value of 24K pure gold.

Can I convert my digital gold to physical gold coins?

Yes, you can easily convert your digital gold into physical 24K gold coins or bars through the FatakPay app. Once you have accumulated a minimum required balance, you can select from various denominations and have the physical gold delivered securely to your doorstep in tamper-proof packaging. This allows you to transition from a digital investment to a tangible asset whenever you choose, with the assurance that the purity and weight are certified and guaranteed.

Digital Gold Investment – Buy 24K Digital Gold Online

Q: How is my gold stored and is it safe?

Your digital gold is securely stored in 100% insured and audited vaults by our trusted partner, Niwish. Every gram bought by you is backed by real, physical gold stored safely on your behalf.

Q: Can I sell my digital gold anytime?

Yes, you can sell your digital gold 24/7, 365 days a year. At FatakPay, you have the flexibility to liquidate your holdings instantly whenever the price is favourable. Once sold, the funds are credited to your account almost immediately, providing you with high liquidity compared to physical gold, which requires a visit to a jeweler for appraisal and sale.

Q: Is there a lock-in period for digital gold?

There is no long-term lock-in period. You are free to sell your digital gold or silver any time after a brief 48-hour cooling-off window from the moment of purchase. This small window ensures transaction security while still offering you near-instant liquidity at live market rates whenever you need it.

FatakPay Digital Gold & Silver

Timeless investments. Effortless solutions. Invest smart in digital gold and silver today, with FatakPay.

Gold/Silver SIPs

Small steps towards bigger goals!

•Weekly/Monthly SIPs to build your wealth
•Safe and secure holding in digital vaults
•Hassle-free investing experience

Gold/Silver Lumpsum

No making charges. No locker runs.

•Buy gold/silver anytime, anywhere
•Safe and secure holding in digital vaults
•Hassle-free investing experience

Gold Rate Calculator

Investment Amount: ₹16,210

₹10₹1,00,000

Gold You'll Get

1.000 grams

Current Gold Price

₹16,214/g

Invest in Digital Gold/Silver in 3 Simple Steps

Sign In & Verify

Select & Enter Amount

Select Digital Gold or Silver and enter your investment amount

Complete Payment

Your gold/silver is added to your digital vault instantly

Why choose FatakPay for investment in Digital Gold/Silver?

100% Purity, Guaranteed

No mixing, no worries! Own certified 24K gold and 999 purity silver in your digital vault.

Start Small

Begin your investment journey with an amount that suits you.

Sell Anytime, Anywhere

Sell at live market prices and get funds directly in your bank account.

No Storage Hassles

No lockers, no security concerns! Your gold and silver stay safe digitally.

Safe & Secure

Backed by real assets and stored with trusted partners for complete peace of mind.

Convert to Physical

Easily turn your digital gold and silver into certified coins or bars.

Made for Everyone

Simple, accessible investing designed for every goal and every budget.

Who Can Invest in Digital Gold/Silver?

Getting started is simple, with just a few basic requirements:

Nationality

You must be an indian resident to invest.

Age Criteria

You should be 18 years or above at the time of investment.

With a fully digital process, you can start investing in gold and silver instantly. Anytime, anywhere!

Documents Required to Invest in Digital Gold/Silver

Investing in digital Gold or Silver requires just basic KYC documents

Aadhaar Card

For identity verification

PAN Card

For tax compliance

Bank Details

For fund transfers

Smart Ways to Use Your Digital Gold/Silver Investment

The Power of Micro-Investing

Digital gold and silver investments as low as ₹10, enabling you to treat gold like a modern savings account. Align your purchases with specific life goals without needing a large lump sum upfront.

Hedging Against Inflation

Gold historically maintains its value when currencies lose purchasing power. By maintaining a portion of your wealth in digital gold and silver, you create a safety net for market volatility.

Industrial Potential of Silver

Silver is critical in solar panels, electric vehicles, and electronics. By investing in digital silver, you're investing in the green energy transition and industrial growth.

Instant Liquidity

Sell your grams with a single click and have the funds credited to your bank account almost instantly. This makes it an ideal emergency fund that stays productive.

Future Jewellery Planning

Use digital gold as a pre-payment strategy for future physical needs. Accumulate 24K gold digitally and lock in current market prices with assured purity.

Gifting as Financial Legacy

Transfer digital metal directly to family members. A gift that doesn't just celebrate a moment, but grows in value over the years as a lasting financial legacy.

Leveraging Assets

Many digital platforms allow you to pledge your digital metal as collateral for instant, low-interest loans without selling and losing future price appreciation.

Digital Gold vs Gold ETF vs Sovereign Gold Bonds

Understand the difference to make the right investment choice

Digital Gold

The go-to for those who want the flexibility to save in tiny increments with the unique option to eventually convert their balance into physical coins or jewelry. While it carries a 3% GST and lacks formal regulation, its 'buy-and-deliver' model makes it the most practical choice for long-term goal-based savings.

Gold ETFs

High-liquidity financial instruments tailored for investors with Demat accounts who want to trade gold like a stock. They offer high price transparency and zero GST, making them the most cost-effective way to gain market exposure without the intent of taking physical possession.

Sovereign Gold Bonds (SGBs)

Considered one of the most lucrative options for long-term wealth creation, offering 2.5% annual interest plus potential gold price appreciation. Backed by the Government of India with complete tax exemption on capital gains if held until maturity. However, they come with an 8-year lock-in period.

How are Digital Gold & Silver taxed in India?

Digital gold and silver in India are taxed similarly to physical commodities, featuring a 3% GST on purchases and capital gains tax on profits upon sale.

Initial Purchase (GST)

Every buy transaction attracts a 3% Goods and Services Tax (GST) on the total value. This tax is a cost of purchase and cannot be claimed as an input tax credit.

Short-Term (Under 24 Months)

Profits made within 24 months are classified as Short-Term Capital Gains (STCG) and taxed based on your applicable personal income tax slab (10%, 20%, or 30%).

Long-Term (Over 24 Months)

If held for more than 24 months, it qualifies for Long-Term Capital Gains (LTCG) taxed at a flat rate of 12.5%. Note that indexation benefits are no longer applicable.

Gifts and Inheritance

Gold received from immediate family remains tax-free. For non-relatives, if total value exceeds ₹50,000 in a year, it is taxed as 'Income from Other Sources.'

About Niwish – Our Trusted Gold Partner

Niwish is a secure digital platform for buying, selling, and storing 24K 99.9% pure gold and silver, starting at just ₹10. It offers insured, bank-grade vault storage and door-step delivery of physical coins/bars, making it a trusted partner for easy, liquid, and safe digital asset management with no hidden fees.

FAQs

How can I invest in digital gold or silver on FatakPay?

Investing in digital gold or silver on FatakPay is a straightforward, 100% digital process that allows you to build wealth by purchasing 24K gold or 99.9% pure silver for as little as ₹10. After logging into the app and navigating to the investments section, you simply select your preferred metal, enter the desired amount or weight, and complete the transaction using your credit limit or other payment modes.

Your purchase is then instantly stored in a secure, fully insured digital vault at no extra cost, offering you the flexibility to track live market prices, sell your holdings 24/7 for immediate bank credit, or even request physical delivery of certified coins and bars directly to your doorstep.

What is the minimum amount to invest in digital gold?

You can start investing in digital gold with FatakPay for as little as ₹10. This low entry barrier makes it incredibly easy for anyone to begin building a gold nest egg without needing a large lump-sum investment.

This helps you grow your wealth faster, and accumulate 24K pure gold at your own pace while benefiting from live market prices and secure, insured storage.

How is my gold stored and is it safe?

Your digital gold is securely stored in 100% insured and audited vaults by our trusted partner, Niwish. Every gram bought by you is backed by real, physical gold stored safely on your behalf.

Can I sell my digital gold anytime?

Yes, you can sell your digital gold 24/7, 365 days a year. At FatakPay, you have the flexibility to liquidate your holdings instantly whenever the price is favourable.

Once sold, the funds are credited to your account almost immediately, providing you with high liquidity compared to physical gold, which requires a visit to a jeweler for appraisal and sale.

Is there a lock-in period for digital gold?

There is no long-term lock-in period. You are free to sell your digital gold or silver any time after a brief 48-hour cooling-off window from the moment of purchase.

This small window ensures transaction security while still offering you near-instant liquidity at live market rates whenever you need it.

Buy Digital Gold Online Invest in 24K Pure Gold from ₹10