- MobiKwik will cover one quarterly SIP Cost for users; users with daily SIP plan above Rs 51 will be rewarded
- Enables users to save in small amounts daily, fostering financial discipline and wealth accumulation
- Partners with SAFEGold to ensure the utmost security and reliability
Gurugram, 14 May 2024: Gold is traditionally one of the most preferred means of savings, deeply rooted in Indian culture. ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik), a fintech company, announced the launch of Daily Gold Savings Plan. The newly introduced Daily Gold Savings Plan empowers users to save small amounts daily, fostering a culture of financial prudence and facilitating gradual wealth accumulation.
MobiKwik is encouraging its users to build disciplined savings habits, which yield rewards in the long-run. While users can opt for either daily, monthly or one-time SIPs, the Daily SIP plan facilitates sachet saving. One of the key features of the Daily Gold Savings Plan is that users who make daily SIPs exceeding Rs 51 are eligible to have the costs of one SIP covered every quarter, helping them achieve their financial goals.
In order to ensure the highest standard of safety and security, MobiKwik has partnered with SAFEGold for its reliability of gold purchases. Additionally, the plan offers users the flexibility of selling or gifting their gold holdings anytime, with doorstep delivery at no extra charge.
Previously only accessible through offline retail stores in Tier I and II cities of India, the Gold Savings Plan democratises access to gold investment, bringing it directly into the hands of millions of users through the MobiKwik app.
Speaking on the occasion, Bipin Preet Singh, Co-founder & CEO, MobiKwik, said, “Gold has long been regarded as one of the safest mediums of savings, standing the test of time. Our Daily Gold Savings Plan aims to digitise and democratise this tradition, making it accessible to everyone. This represents a significant step towards encouraging disciplined saving and fostering cumulative wealth accumulation for users nationwide, enhancing their financial well being.”
