Gullak automates savings & invests these in 24K digital Gold. Using Gullak app, you can do a one time setup of the amount you wish to save on a daily/weekly/monthly basis & Gullak will auto-save that amount for you.
With the latest launch, Gullak goes one step ahead to give you innovative ways to create more wealth. You can now make more returns on top of your Gold investments with Gullak Gold+. Lease your digital Gold to verified jewellers & earn assured 5% extra returns.
# Gullak makes savings easy, automated & rewarding
- Highest returns on Gold only on Gullak Gold+
- Earn extra returns on top of your Gold investments
- India’s first and only app to launch Gold leasing
- Easy setup, in less than 30 seconds
- Get Free Digital Gold on your savings as a reward
- Pause or withdraw your savings instantly & anytime
- 100% safe & secure - Partnered with PayTM & built by the makers of BHIM
- 100% Pure Gold - 24K 999 hallmarked gold provided by Augmont
- Secure storage - Your gold is secured in Sequel Vaults monitored
- Doorstep delivery of 24K 999 Gold Coins
- No hidden charges or transaction fees charged by Gullak
# How to get started with your daily savings journey on Gullak in just 30 seconds?
1. Log-in to Gullak via your phone number
2. Customise your savings goals - select the amount & how long you want to invest
3. Automate your savings by setting up UPI autopay mandate via phonepe, paytm or BHIM
4. Sit back & watch Gullak invest your savings into wealth creating assets i.e Digital gold
# What are the multiple savings options available on Gullak?
Gullak currently has four savings options by which you can save in Digital Gold
Daily Savings: You can set up a recurring daily savings amount which will get invested in digital gold. You can start saving as low as Rs.10.
How does this work - Rs.10 is saved automatically from your bank account everyday for the duration you selected & is invested into digital gold
Save on every Spend: Everytime you make an online transaction, we round off the amount to the nearest 10 & invest this into digital gold.
Top-up: You can add a one time lump sum amount at any given day into one of your Gullaks.
Gold+: Our latest feature which enables every Indian to lease their digital Gold and earn extra 5% returns on top of 11% average historical returns of Gold making an effective over return of 16%.
# Why should you invest in digital gold via Gullak?
Good returns on Digital gold - In the last 5 years, gold has shown growth of 80% which is 16% annual returns and with the launch of Gold+, you can now earn assured 5% extra gold on your gold investments by the method of gold leasing.
Gullak provides best deals on digital gold investments and rewards your savings discipline.
# FAQ’s
Is KYC required to start my savings?
No, KYC is not required to start your savings with Gullak
Does withdrawal require KYC? How long does it take for the amount to reflect in my account?
No, it does not & there is no lock-in period. You can withdraw instantly at any time.
Which UPI platforms are supported on Gullak?
Gullak supports transactions by Phonepe, BHIM & Paytm
Are my savings secured on Gullak?
Yes, your savings are completely safe with Gullak. We are partnered with Paytm & Gullak is built by the makers of BHIM. We use UPI 2.0 which was introduced by the NPCI. We follow all RBI guidelines.
How do I participate in Gold+ and lease my gold?
Using Gold+ is very easy with few clicks.
1. Click on Gold+ on Gullak home screen.
2. Select grams to lease
3. Complete your PAN verification
4. Confirm the lease and you will be on your way to earn 16% pa on your gold investments.
# Contact us
We’d love your suggestions & feedback. You can reach out to us on support@gullak.money
