How to Buy Digital Gold via UPI Apps in 2025? Step-by-Step Guide to Safe Investment

 What is Digital Gold?

Digital Gold is an innovative investment method where you can buy and hold gold online without worrying about storage. Backed by real physical gold stored in secure vaults, this mode of investment has gained massive popularity among young investors in India.

With as little as ₹1, you can start buying digital gold through UPI-based apps like Google Pay, PhonePe, Paytm, and others.

 Why Buy Digital Gold via UPI Apps?

UPI apps have made gold investment simple, fast, and accessible. Here's why they’re popular:

•  Secure Transactions
•  Easy to Use Interface
•  Multiple Payment Options
•  Instant Purchase and Sale
•  24K Gold Backed with Invoice
• Buy/Sell Anytime

 Top UPI Apps that Support Digital Gold Purchase

1.    PhonePe

2.    Google Pay

3.    Paytm

4.    BharatPe

5.    Mobikwik

Each of these platforms partners with gold providers like SafeGold, MMTC-PAMP, and Augmont.

 Step-by-Step Guide to Buying Digital Gold via UPI Apps

Let’s understand the step-by-step process on major apps.

 1. PhonePe

Step 1: Open the PhonePe app and log in
Step 2: Tap on “Wealth” or search “Gold”
Step 3: Select “Buy Gold”
Step 4: Enter the amount or weight (in grams)
Step 5: Choose UPI/Wallet as payment method
Step 6: Confirm and complete the payment
Step 7: You’ll get a receipt and gold will reflect in your account

 2. Google Pay

Step 1: Open GPay and scroll to “Business & Services”
Step 2: Tap on “Gold Locker”
Step 3: Select “Buy Gold”
Step 4: Enter amount (min ₹1)
Step 5: Proceed with UPI payment
Step 6: Done! You’ll get a digital locker entry for gold stored with MMTC-PAMP

 3. Paytm

Step 1: Open Paytm and search “Gold” in the search bar
Step 2: Tap on “Buy Gold”
Step 3: Enter ₹ value or grams
Step 4: Choose UPI or Paytm wallet to pay
Step 5: Receive digital invoice and see gold in your Paytm Gold Locker

 What Happens After You Buy?

• Your gold is stored in insured vaults
• You can sell it anytime at market rates
• You can convert to physical gold (coins/bars) and have it delivered (with extra charge)

 Charges and GST

• A small spread between buy and sell prices (usually ₹1–₹2/gm)
• GST of 3% is applicable on purchase
• No annual storage charges for most apps (but verify)

 Tips for Safe Digital Gold Investment

1.    Invest in Small Amounts Initially

2.    Stick to Reputed UPI Apps & Providers

3.    Check for GST and Buy/Sell Price Difference

4.    Enable App Lock & OTP for Security

5.    Avoid Unverified Apps/Links

 Selling Digital Gold – How it Works?

• Go to your app’s gold section
• Tap “Sell Gold”
• Enter weight or value
• Get the money directly in your bank/wallet via UPI
• Prices are real-time and based on current gold rates

Redeeming Digital Gold as Physical Gold

If you want your investment in hand:

• Choose the Redeem/Delivery option
• Select product type (coin/bar)
• Enter your delivery address
• Pay delivery and making charges
• Receive gold at home

 Digital Gold vs. Physical Gold vs. Gold ETFs

 Tax Implication on Digital Gold

• Short-term capital gains (<3 years): Taxed as per income slab
• Long-term gains (>3 years): 20% with indexation
• No TDS on buying/selling via apps

Note: Always consult a financial advisor before investing.

Digital gold via UPI apps is an excellent way to start investing in precious metals. With easy accessibility, secure storage, and small investment options, it suits both beginners and seasoned investors.

Whether you're saving for the future or diversifying your portfolio, UPI-based digital gold offers convenience and confidence in just a few clicks.

 Disclaimer

This blog is intended for informational purposes only. Investment in digital gold carries market risk. Always use trusted apps and consult a certified financial advisor before making any decision.