Jar App

How to use Jar App | Digital Gold in 2023

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An Automated Investment Jar App which invests your spare change from your online transactions into Digital Gold. This way you let your Money grow.

What is Jar App?

Jar is a automated investment app that lets you save and invest money into digital gold.

It invests spare change from your online transactions into digital gold, automatically.

Jar app is the first Made in India app to come up with an innovative solution to save money daily and invest in digital gold.

Jar is the simplest, and fastest way to save and invest.

With Jar, you can grow your wealth with 24K gold.

You can buy and sell digital gold, at the best gold rates, starting at just ₹1.

Create a habit of saving by auto investing small sums as investments in Digital gold, which can be redeemed or withdrawn whenever you want to your e-wallets. 

With Jar app you can save and invest in digital gold in 4 easy steps:

  1. Login with your phone number to create your Jar account.
  2. Setup UPI autopay from your PhonePe, GooglePay, or Paytm account.
  3. Now let Jar save money daily for you at the best gold rate.
  4. Click on the ‘Withdraw funds’ option to instantly sell gold accumulated in your Jar account, and get money directly to your e-wallet. Jar gives you the best gold rates to ensure hefty savings.

First Made in India App of its kind. Backed by NPCI and the best UPI service providers of India, we are the first in India  to come up with an innovative application to invest in gold. ‍

Jar app

You can spin the wheel and double your savings with Jar.‍

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You can develop a habit of saving money with every transaction on Jar. Every transaction wins you a spin on the Wheel of Savings on the Jar App. Get a chance to double your savings on Jar or a chance to win exciting cash-back by playing games. So spend more to save more, and win more money.‍

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What do you invest in with Jar?‍

You can do micro-savings on Jar with our premium Digital gold investment plans and offerings (at best gold rates).

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100% secure and liquid offerings allow you to automatically buy 24 karat gold with every transaction.

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With Jar, you have full control of your finances, you can pause, re-start or withdraw funds or gold easily with a click of a button.

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What is digital gold, you may ask?

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Digital gold is real gold that’s simply stored virtually to save space, provide safety, and can be converted to physical gold with a single click. Read more about digital gold: Benefits, risks & taxation.‍

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You can create a Jar for every financial goal you have for the future:‍

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With Jar, you can create custom ‘Jars’ to achieve your financial goals such as:

  1. Buy gold for your marriage.
  2. Save money to buy a gift for parent’s anniversary.
  3. Save for your next solo or family trip.
  4. Plan finances for your kid’s education.
  5. Plan finances for starting your business or to invest in your favourite stocks.
  6. Save money for better money control and financial control.
  7. Buy digital gold for a secure future.
  8. Plan finances for buying your dream car, home, phone or laptop.
  9. Plan finances for emergency money requirements.

Let Jar be your savings and gold investment expert!

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Types of savings in Jar App:

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1. Round-Off to Nearest 10 (Default): Jar will round off your transactions to the nearest 10.
For example:  If you make a transaction of Rs. 27, Jar will round it up to the nearest 10 i.e. Rs. 30 and the difference of Rs.3 would be automatically invested in digital gold.

2. Round-Off to Nearest 5: Jar will round off your transactions to the nearest 5.
For example:  If you make a transaction of Rs. 22, Jar will round it up to the nearest 5 i.e. Rs. 25 and the difference of Rs. 3 would be automatically invested in digital gold.

3. Fixed amount of savings starting at Re.1 up to Rs.500 daily: Jar will keep rounding off your transactions to the nearest 10 or 5 as pre-decided by you until it hits the Rs. 500 mark which is also the reason why Jar App requires permission of auto-pay upto Rs. 500.

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What is required to create my Jar account?

  1. A valid phone number.
  2. A UPI account with Phonepe, GooglePay, Paytm, or any other UPI service providers in India.

Is it mandatory to do KYC to invest in gold on Jar?

Jar App

Yes, it is mandatory to do KYC verification on Jar if:

  • You have bought gold for more than 30 grams or INR 1.5 Lakhs.
  • You want to sell gold and withdraw your money.
  • You want to transfer Jar Winnings to purchase gold.
  • You want to get gold delivered to your doorstep

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Who can invest in Digital Gold with Jar App?

Any Indian citizen over the age of 18 with a bank account may invest with Jar and save money daily.

When can I withdraw?

You can withdraw your money anytime, anywhere. There is no minimum lock-in period at Jar.

Also Read these articles :-

FAQs

Jar App

Jar App

Is Jar App safe to use?

Jar app is 100% safe and secure to use for your Daily Savings & Investments in Gold. It is powered by SafeGold and all payments happen over secure banking networks.

Can I Earn Money from the Jar app?

Refer & Earn allows you to earn money up to ₹500 in the form of Gold by Referring or Inviting Friends or family to start using the Jar App. You can find the ‘Refer & Earn’ option by tapping on the Hamburger menu at the top-left corner of the Jar App’s Home Screen. You can also grow your Money by Investing in Digital Gold. Buy Gold at the time of Shubh Muhurat to get awesome discounts. Once you have accumulated at least 0.5gm, you can Grow your Gold up to 14% yearly with GoldX Leasing Plan.

What does the Jar App do?

Jar is an Automated Investment app that lets you Save and Invest money into Digital Gold. It invests spare change from your online transactions into Digital Gold, automatically. Jar is the first Made in India app to come up with an Innovative Solution to Save Money Daily and Invest in Digital Gold.

How do I download the Jar App?

Jar App is available on iOS & Android mobile devices. Click on the above button to install the app and you can buy Digital Gold online.

Is KYC required to Start Investing in Digital Gold using Jar App?

KYC verification is not required to start saving with Jar. A one-step new user sign-in lets you start Investing in Digital Gold Immediately.

When can I Withdraw my Savings?

You can withdraw your money after 24 hours of investment. There is no minimum lock-in period.

Jar app

Digital Gold

What is Digital Gold?

Digital gold is Real gold that’s simply stored virtually to save space, provide safety, and buy or convert into physical gold conveniently with the click of a button. Check Digital Gold Price today and Start Investing.

Is digital gold Real gold?

Yes, Digital Gold is a real 24-karat Pure Gold and can be bought for as low as ₹10 using Jar App which means one doesn’t have to worry about storing it in a safe place. All you need is the Jar App on your smartphone, and you’re set for Gold Investment.

Where is my gold saved?

The gold you buy is stored securely at world-class Brinks Vaults. The services offered by the Jar app are offered by SafeGold as a provider.

How do I convert my savings to physical gold?

You can convert your digital gold to physical gold anytime in the form of Gold Coins or Gold Bars. To buy Gold Coins/Bars tap on the Hamburger Menu at the top-left corner of the Jar App’s Home Screen and tap “Gold Delivery”.

How do I check today’s Digital Gold price?

To check the current Digital Gold Price, Download the Jar App and go to the App’s Home Screen, where at the top-right side of the screen you’ll be able to check the current Gold Buy Price.

Is Digital Gold better than Physical Gold?

Compared with Physical gold, Digital Gold is better as it is stored securely at the World-Class Brinks Vaults and there are no making charges as it is just digitally allocated to your name. With Jar’s GoldX feature, you can also lease your saved Gold to Jewellers using Jar App in order to earn better interest.

What is GoldX in Jar App?

GoldX is a Gold Leasing Feature in the Jar App that allows you to Grow your Gold by up to 14% yearly. To avail of this feature, you should at least have 0.5 grams of Gold Saved in your Jar App Account.

Jar App
What is Digital Gold Leasing?

Digital Gold Leasing is a new Concept, where you can earn additional interest(up to 14%) from your Saved Gold In Jar App and grow your savings.

How to Buy Digital Gold?

You can buy 24k Digital Gold by creating an account in Jar App in just 45 Seconds. You can also get your Gold Delivered to your doorstep if you buy Gold Coins or Bars from Jar’s App.

How to Buy Gold Coins & Gold Bars?

You can download the Jar App and Create an Account in order to Buy & get Delivery of Gold Coins & Gold Bars.

withdrawal issues

How to Stop/Pause Daily Savings?

You can Stop/Pause Daily Savings in Jar App anytime you want. However, it is suggested to keep it enabled to see a better return on your Gold Investment. In a Year you can expect an 11% of return and a 68% return in 5 Years.

Steps: 

  • Open the Jar App and tap “Account” at the Bottom-Right of your Mobile Screen.
  • Then tap the “Settings” tab at the top.
  • Now you’ll see the Payment Methods you’ve enabled to Save Money.
  • Here you’ve three options:
  • Daily Savings
  • Round Off
  • Savings Plan

Select “Daily Savings” and tap on “Stop Daily Saving”. Now you have the choice to Pause/Disable Daily Savings.

Jar App
How to Stop/Pause Round-Offs?

You can Stop/Pause Round-Offs in Jar App anytime you want. However, it is suggested to keep it enabled to see a better return on your Automated Gold Investment from your Spare Changes. In a Year you can expect an 11% of return and a 68% return in 5 Years.

Steps: 

  • Open the Jar App and tap “Account” at the Bottom-Right of your Mobile Screen.
  • Then tap the “Settings” tab at the top.
  • Now you’ll see the Payment Methods you’ve enabled to Save Money.
  • Here you’ve three options:
  • Daily Savings
  • Round Off
  • Savings Plan

Select “Round Off” and tap on “Stop Round Off”. Now you have the choice to Pause/Disable Round-Off.

How to Stop/Pause Savings Plan?

You can Stop/Pause Savings Plan in Jar App anytime you want. However, it is suggested to keep it enabled to see a better return on your Systematic Gold Investment. In a Year you can expect an 11% of return and a 68% return in 5 Years.

Steps: 

  • Open the Jar App and tap “Account” at the Bottom-Right of your Mobile Screen.
  • Then tap the “Settings” tab at the top.
  • Now you’ll see the Payment Methods you’ve enabled to Save Money.
  • Here you’ve three options:
  • Daily Savings
  • Round Off
  • Savings Plan

Select “Savings Plan” and tap on “Disable Savings Plan” (Here you can also update your Savings Plan; in case you want to change the amount). Now you have the choice to Pause/Disable Savings Plan.

How to Buy Digital Gold?

You can Buy Gold anytime you want with the below simple steps.

  • Tap on the “Hamburger” menu at the top-left side of the screen.
  • Then, tap on “Save Manually”
  • Now, you’ll be able to see the “Live Buy Price”. Enter the amount in Rupees/Grams.
  • Now, tap on “Buy Now”.
How to Sell Digital Gold?

You can Sell Gold anytime you want with the below simple steps.

  • Tap on the “Hamburger” menu at the top-left side of the screen.
  • Then, tap on “Withdraw Saving”
  • Now, you’ll see how much Gold is available to Sell. Enter the amount for how much you want to Sell.
  • Now, tap on “Withdraw Savings”.
How to withdraw your Savings from Jar App?
Jar App

You can withdraw your money from Jar App anytime you want with the below simple steps.

  • Tap on the “Hamburger” menu at the top-left side of the screen.
  • Then, tap on “Withdraw Saving”
  • Now, you’ll see how much Money is available to withdraw. Enter the amount you want to withdraw.
  • Now, tap on “Withdraw Savings”.
My Money got deducted even after Uninstalling the Jar App?

Your money got deducted even after Uninstalling the Jar App you haven’t disabled the “Daily Savings”, “Round-Off” or “Savings Plan” feature from the App. Do not worry, it’s super easy to disable these features, check this Jar 101 Article for detailed instructions.

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