In a move to empower Indians with a traditional and trusted savings option, fintech company
MobiKwik
has announced the launch of its
Daily Gold Savings Plan
. This new programme coincides with Akshaya Tritiya, a day considered auspicious for new beginnings and wealth accumulation.
The Daily Gold Savings Plan allows users to build a habit of saving small amounts every day, similar to the concept of "sachet saving." This caters to those who may not be able to invest larger sums at once.
Further encouraging commitment, MobiKwik will cover the cost of one SIP (Systematic Investment Plan) every quarter for users who invest more than Rs 51 daily.
To ensure user confidence, MobiKwik has partnered with the reliable
SAFEGold
for secure gold purchases. The plan offers the flexibility to sell or gift accumulated gold anytime, with the added convenience of free doorstep delivery.
Previously, gold savings plans were primarily available through offline retailers in larger cities. MobiKwik's Daily Gold Savings Plan aims to remove this barrier, making gold investment accessible to millions directly through the MobiKwik app.
How MobiKwik Daily Gold Savings Plan works
MobiKwik will cover one quarterly SIP Cost for users; users with daily SIP plan above Rs 51 will be rewarded. The plan enables users to save in small amounts daily, fostering financial discipline and wealth accumulation.
"Gold has always been a trusted way to save for the future," said
Bipin Preet Singh
, Co-founder & CEO of MobiKwik. "Our Daily Gold Savings Plan makes this tradition digital and accessible to everyone. This is a significant step towards promoting disciplined saving and building long-term wealth for our users across India, ultimately improving their financial well-being."