Tanishq Digital Gold: Review and Comparison

By Team Gullak

Nov 18, 2024

4 min read

Digital gold has emerged as one of the most popular ways of investing in gold. Digital gold provides you with all the benefits of gold like stable returns & low volatility while negating the cons of physical gold like hefty making & wastage charges, storage fee etc.

In this article, we’ll dive into Tanishq Digital Gold, one of the most popular gold providers, and compare it with other platforms to help you determine if it aligns with your investment goals.

About Tanishq Digital Gold

Tanishq digital gold is basically digital gold that can be bought from Tanishq’s online platform or from their offline stores. They sell 24Karat 99.5% pure gold starting from ₹100. There are no lock-in periods, you can withdraw anytime you want. The returns here will be equivalent to the rate at which gold price increases(~11%pa).

Tanishq Digital Gold Log-in

Follow the below steps to log in to Tanishq Digital Gold online:

Open Tanishq's home page
From the top navigation bar, select Digital Gold
On the Digital Gold page, select the 'Buy' option from the navigation bar.
You will be greeted by a pop-up. Enter your number & OTP to log in to your Tanishq Digital Gold account.

Tanishq Digital Gold- How to Buy?

Follow the below steps to invest in Tanishq Digital Gold:

On Tanishq's Digital Gold page, enter your number & trigger an OTP. Use this OTP to log in
Next, Enter your PAN number and pin-code to complete your KYC
Enter your amount in rupees or gold grams
Make the payment to mark your 1st investment in Tanishq Digital Gold.

Can Digital Gold earn you more?

On an average gold provides an average return of 11%pa. The same is applicable to Tanishq digital gold as well. However, there is one way with which on top of this gold price increase, you can also benefit from gold quantity increase. This is possible with a gold investment option called Gullak Gold+.

Gullak Gold+ is a revolutionary feature from the Gullak app where your gold quantity increases by 5% every year. Here’s how 100 gms invested in Gullak Gold+ would grow over the years:

Investment	Year 1	Year 2	Year 3	Year 8
100 gms	105 gms	110 gms	115 gms	148 gms

The extra 5% gold pa combined with annual price increase of ~11%pa will give you ~16%pa on your gold investments.

Grow your gold by 5%pa

Invest in Gullak Gold+

Comparison: Tanishq Digital Gold vs Gullak Gold+

In this section, we will compare the Tanishq digital gold against Gullak Gold+ across a variety of factors.

Table: Tanishq Digital Gold vs Gullak Gold+

Parameter	Tanishq Digital Gold	Gullak Gold+
Returns	Gold price increase	Gold price increase + Gold quantity increase
Minimum investment	₹100	₹150
Payment Modes	One-time investments	One-time investments or daily/weekly/monthly SIPs.
Withdraw options	Cash or redeem jewellery at stores like CaratLane	Cash/gold coins/redeem jewellery at Gullak’s partner stores like Kalyan and CaratLane

~16%pa on Gold, only on Gullak

Invest today

Concluding thoughts on Tanishq Digital Gold

Tanishq digital gold is a great way to invest in gold online. However, if you are looking for higher returns on your digital gold, Gullak Gold+ is definitely worth checking out. The extra 5% can massively boost your returns while providing you all the benefits of digital gold.

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