In India, everyone likes Gold. Indians are looking for easy and simple way to accumulate Gold. This post to Buy Gold with One Rupee , Jar App. Jar App is like a digital Piggy Bank. It detects your expenses from the SMS folder in your mobile phone and Rounds it off to the nearest 10 to generate a spare change for each of your expenses. It makes saving money a fun habit by saving a small amount of money every time you spend online and buy that as gold.
Every time you spend, the spare amount will be invested as gold
For example if you have done a mobile recharge for 52 Rs online, Jar app will detect the recharge confirmation message in your SMS folder and rounds off to the nearest 10 i.e. 60Rs and take that spare change of 8 Rs(60-52) from your bank account and automatically invests in Digital Gold. Jar is the India’s first app to use UPI Autopay to automate savings and Investments for Millions of Indians.
Reads your SMS folder and get spare money from PayTM account for Gold investment.
You have to download the “Jar” app in google play store. Jar is available on both Android mobile devices. Simply type ‘Jar’ in the search bar to find & install the app in under two minutes. It is paperless process and no KYC is needed to start saving in Jar App.
Installing and creating account in Jar App takes 45 seconds.
You may choose between automatically rounding off your daily expenses to either the nearest 5 or nearest 10, depending on your needs. You can also change your mind and try the other option by updating your choice in the app’s Settings page.
You can do nearest 5 or nearest 10 rounding off
Digital gold is real gold that’s simply stored virtually to save space, provide safety in your account. You can withdraw your money anytime, anywhere. There is no minimum lock in period.
Any Indian citizen over the age of 18 with bank account may invest with Jar.
Any Indian citizen with a SEBI-recognized bank account can invest with Jar. Jar App has also digitized the age-old Pigmy Deposit Scheme, Which allows every Indian with a bank account to save a fixed amount daily starting with only 1 Re and Auto invest as Gold.
We can sell our gold and withdraw our money to bank account in single click. There is no minimum lock in period.
You can invest from as low as ₹1 and can opt-out anytime
Cheapest way to buy gold , How to invest in gold for beginners