Gullak: Extra 5% Gold p.a. 2.5.3

Review of Gullak: A Leading Gold Investment Platform in India

Gullak presents itself as a significant player in the digital gold investment landscape, offering features that distinguish it from traditional gold investment avenues. One of the standout features is the Gullak Gold+, which promises an additional 5% return on gold investments annually, combined with the historical returns of approximately 11% per annum on gold, leading to potential overall returns of up to 16%.

• Investment Accessibility and Automation: Gullak facilitates an easy and automated approach to saving and investing in digital gold.
• Market Competitiveness: It claims to offer higher returns compared to other gold assets available in India.

The application emphasizes user-friendliness with a straightforward setup process that reportedly takes less than 30 seconds. Users have the option to pause or withdraw their savings at any time, and appreciably, they can receive doorstep delivery of 24K gold coins, all whilst avoiding hidden charges.

Investment Options:

• Gold+ Feature: This innovative option allows users to lease their digital gold, boosting returns significantly by partnering with verified jewellers.
• Daily Savings: Users can establish daily recurring investments starting from just ₹10.
• Save on Every Spend: This feature invests spare change from online transactions into digital gold automatically.
• Top-up Feature: Investors can add a lump sum amount at their convenience without complications.
• Silver Investments: In addition to gold, Gullak allows for investments in silver starting from as little as 1 gram, presenting a diversified investment opportunity.

Target Audience:

The platform appears uniquely suited for individuals looking to diversify their portfolios and invest in a growing asset class with the added benefit of year-on-year growth. It also caters to those planning future expenses such as weddings or jewellery purchases, by ensuring that their digital gold quantity increases consistently over time.

Security Measures:

The safety and security of investments are highlighted through collaborations with reputable partners like Augmont. Gullak employs rigorous vetting processes for jewellers and ensures full collateralization on investments, offering peace of mind to its users.

The efficient withdrawal process allows users to have instant access to their funds, enhancing user satisfaction and trust in the platform.

Contact Information:

For further inquiries or assistance, users can reach out via email at [email protected].