Jio Finance Smart Gold: Mukesh Ambani’s company Jio Finance has launched Smart Gold scheme for its customers on the occasion of Dhanteras, in which gold can be purchased for just Rs 10.
Today the festival of Dhanteras (Dhanteras 2024) is being celebrated in the country. On this occasion, there is a lot of enthusiasm in the jewelery market as well, despite the skyrocketing gold rates, its demand has increased significantly. Meanwhile, many companies are giving their customers the option to buy gold sitting at home and billionaire Mukesh Ambani’s company Jio Finance has also joined it, the special thing is that Jio Finance is giving the option of buying digital gold for just Rs 10.
Mukesh Ambani’s company brings new scheme
Reliance Industries Chairman Mukesh Ambani’s company Jio Finance has launched the SmartGold scheme and in this, customers can buy digital gold for just Rs 10. Ambani’s company has launched this scheme on the day of Dhanteras before Diwali. The investment made with the purchase of digital gold in the SmartGold scheme can also be redeemed.
The SmartGold unit received from this gold investment can be converted into cash, gold coins or jewellery at any time. What makes this scheme special is that it does not require an investment of thousands or lakhs of rupees, rather gold investment can be started with just Rs 10.
No chance of theft
If we understand easily how the SmartGold scheme works, then after the customer invests, 24-karat gold equivalent to that investment will be purchased in SmartGold and it will be kept in an insured vault. Being digital gold, there is no chance of it being lost or stolen and neither will you have to open any locker etc. for it. It will be absolutely safe and you will be able to sell it whenever you want by looking at the live market prices of gold on the Jio Finance app.
2 options for gold investment
The company has given two options to the customers for investing in gold in the SmartGold scheme on the Jio Finance App. The first of these is that he can decide the total amount of investment and the second is that he can invest in the weight of gold i.e. grams. Delivery of physical gold will be done only on holding of 0.5 grams and above. It will be available in denominations of 0.5 grams, 1 gram, 2 grams, 5 grams and 10 grams. If the customer wants, he can also avail the facility of home delivery by purchasing gold coins directly on the Jio Finance app.
There is a lot of gold buying on Dhanteras
Buying gold on Dhanteras is considered auspicious. Gold is considered to be the form of Goddess Lakshmi and this yellow metal is called her symbol. Goddess Lakshmi, the goddess of wealth, and Kuberji, the god of wealth, are worshipped on Dhanteras and it is believed that buying gold on this day will bring prosperity to your house throughout the year. Currently, buying gold is one of the most expensive deals. Talking about the price, the price of gold (Gold Rate) is running at Rs 78,536 per 10 grams on MCX, while in the domestic market, according to the website of IBJA, the gold price (24 carat 10 grams gold) is running at Rs 78,250.
