The Unit Systematic Plan is available online on the website and interested customers can register online and upload their KYC details. Customers can also register and apply for the plan through the agent and broker network of Bullion India .The customer can invest in systematic investment options ranging from a period of minimum 6 months to 36 months.
The minimum investment amount has been kept as low as Rs 1000/- in this Unit Systematic Plan of investment, to make Gold and Silver easily affordable. At the end of the tenure, customers can redeem their units into physical gold and silver coins through Bullion India's website with an option of doorstep delivery across India or at multiple delivery centres. There are no activation or registration charges and the customers can also sell back their gold and silver units on the online platform of Bullion India at the end of the tenure.
This is the first structured bullion investment model that allows you to accumulate silver on daily basis
The customers will be credited with gold and silver units on a daily basis into their account. These units are backed by physical gold and silver which is kept with the vaulting agencies and is controlled and monitored by an independent trustee, IDBI Trusteeship Services, thereby offering maximum security and safety of the customer's investments.
Commenting on the benefits of the plan, Mr. Sachin Kothari, Director, Bullion India said, "In India, investing in gold and silver is considered to be a prerogative of the rich. We at Bullion India wish that even a middle class Indian gets an opportunity to reap the benefits of making investment in gold and silver. Through our Unit Systematic Plan, we aim to provide a common man with an opportunity to own small quantities of gold and silver at the lowest costs of buying. This will allow one to meet up with ones investment, savings goals, and other objectives like daughter's wedding, etc. A daily holding statement will be available to customers on the Bullion India website. Customers will receive e-mail and SMS confirmation at the time of application, and on days of deposits."
Unit Systematic Plan provides numerable benefits to the customer. It allows customers to average their price on gold and silver over a period of time. More grams are credited to a customer's account when the price of gold and silver is low. Customers get receipts for every payment made, and they can also access their account online.
Bullion India commenced its operations in October 2012 and has more than 50000 registered customers who invest in Gold and Silver online. Bullion India is jointly promoted by RiddiSiddhi Bullions limited, India largest bullion trading company and Finkurve Financial Services Limited.
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