Now there is no need to go to jewelery shop or save huge amount to buy silver. JioSilver has been launched on JioFinance app, where customers will be able to buy 99.9 percent pure digital silver for just ₹10. Purchases ranging from ₹10 to ₹1 lakh can be made in a single transaction. According to the company, the real silver will be kept safe at par with the digital silver purchased on the app.
The live price of silver will be visible on the app. If you like the price, buy it and if needed, sell it. The sale proceeds will go directly into the bank account. For customers who want to make small regular investments, there is also the option of weekly and monthly silver SIP.
It is not necessary to keep digital silver only in the app. Customers will be able to convert their deposited silver into certified silver coins or directly purchase physical silver coins.