Gullak: Returns, how does it work & safety

Q: How is the Gullak app safe?

Investing in Gullak is 100% safe and flexible, with no lock-ins, you can withdraw anytime as cash, coins, or jewellery through partners like CaratLane and Kalyan Jewellers. All gold is 24K 999 pure Hallmark gold, sourced and stored by Augmont, one of India’s most trusted refineries, and kept secure in Sequel lockers. Payments are powered by NPCI, tax filing support comes via Cleartax, and over a million investors already trust Gullak for their gold savings.

By Team Gullak

Last updated : Aug 22, 2025

3 min read

What is Gullak?

Gullak is a Digital Gold app that allows you to systematically save in 24K 99.9% pure Digital Gold.

Here are some key features of Gullak:

Daily, weekly, monthly SIPs in Gold and one-time Investments
100% flexibility on Gold investments - You can increase or decrease amount anytime, pause anytime and withdraw whenever you want to
Flexibility in withdraw options - You can withdraw as Cash, Gold coins or even redeem Gold jewellery
Gullak is partnered with India's Top jewellers like Tanishq, Malbar, Kalyan etc for Gold jewellery redemption. Simply saccumulate digital gold on Gullak over time and redeem at the jeweller of your choice.
Goal-based saving approach - With Gullak you can save for any of your life's big goals like gold for wedding or gifting loved ones. Buying physical gold in a go(for big events such as this) burns a hole in the wallet. With Gullak, you can save systematically in Digital Gold over time and redeem when the occasion arrives.

How does Gullak work?

Here's how Gullak works:

You invest in Digital Gold on Gullak
Behind the scenes, a similar denomination of physical gold gets stored in a locker that is insured.
As the price of Gold increases, you benefit by Gold's stellar returns over time
When you want to withdraw, you can choose from multiple options like cash or order 24K 99.9% pure Hallmarked Gold coins from Gullak. Gullak has Gold coins of denominations as low as 0.1 gms and goes to as high as 100 gms. If you require gold jewellery, you can redeem from any of India's Top jewellers using your Gullak balance.

Is it safe to invest in Gullak?

Investing in Gullak is 100% safe. Here's how Gullak ensures 100% safety on your investments:

Gullak offers complete flexibility with no lock-in periods, allowing you to pause or withdraw your investments anytime, either as cash, gold coins, or through jewellery redemption with partners like CaratLane by Tanishq, Kalyan Jewellers etc
All the gold you purchase on Gullak is sourced, stored, and managed by Augmont, one of India’s biggest gold refineries. Augmont is NABL and BIS accredited and follows the India Good Delivery standard across platforms like NSE, BSE, and MCX.
All investments are made in 24K 999 pure Hallmark gold & you get certificates of authenticity on all gold purchases.
Gullak is partnered with NPCI for payment solutions.
The gold that is stored in lockers secured by Sequel.
Gullak also collaborates with Cleartax to assist with tax filing.
All investments are made in 24K 999 pure Hallmark gold.
Over 1 Million investors trust the Gullak app for their gold investments.

Should you buy Gold on Gullak?

Gullak is for anyone who wants flexibility on their Gold investments.

For a Gold investor - In Indian households, Gold is a necessity and many occasions like wedding require buying chunks of gold. With Gold ETFs and mutual funds, while you get the benefit of gold price increase you can't convert it to physical gold. A better approach is to accumulate gold over time on Gullak. Later, depending on the occasion, you choose whether you want it in physical or digital gold. Having this flexibility is better than taking loans or buying physical gold at a way higher price in the future.

For someone who wants physical Gold - Buying physical gold in a go is a pain - going to the jeweller's shop every year, overspending, saving in bank account for gold purchase are annoying and outdated today. Gold schemes are rigid - you can't miss your instalments, limited only to ~11 months and you can't switch jewellers if you don't like the designs. With Gullak, you get 100% flexibility in Gold saving, whether it is a long term goal or a short term goal.

Invest in Gold on India's #1 Gold App

Download Gullak

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