Can I set up recurring payments for my Digital Gold plan?
- Posted:24th February, 2025
- Updated:24th February, 2025
Yes, Digital Gold platforms offer the flexibility to set up Systematic Investment Plans (SIPs) for gold investments. This automated recurring payment feature allows periodic purchases of fixed amounts without additional effort.
SIP plans allow you to invest consistent small amounts like ₹500-₹1000 per month or quarter towards gold. This accumulates over time through the power of compounding and prevents the need to arrange funds for lump-sum investments each time.
You can select your preferred frequency of weekly, monthly, or quarterly payments through your saved cards, bank accounts, or other online payment channels. The payments occur automatically, and the added gold is reflected in your account.
The process is paperless, and scheduled reminders allow you to track your SIP contributions easily.
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