My Jar App

Jar App: Save 24K Digital Gold Online & Withdraw Profit

Jar App: Saving money is a habit that can help you achieve your financial goals and secure your future. However, saving money in a bank account or a fixed deposit may not give you the best returns, as inflation and taxes can erode your savings. That’s why many people prefer to save in gold, which is a valuable and stable asset that can appreciate over time.

But buying physical gold can be risky, costly, and inconvenient. You need to pay making charges, storage fees, and worry about theft or loss.

Moreover, you may not be able to buy gold in small amounts or sell it easily when you need cash. That’s where digital gold comes in. 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. You can buy and sell digital gold online, at the best gold rates, starting at just ₹10. One of the best apps to save and invest in digital gold is Jar.

About Jar App

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. Jar is the simplest, and fastest way to save and invest. With Jar, you can grow your wealth with 24K gold.

My Jar App
Jar App

You can create custom ‘Jars’ to achieve your financial goals, such as buying your dream car, home, phone, or laptop. You can withdraw your money anytime, anywhere. There is no minimum lock-in period at Jar. Jar is 100% secure and liquid, and backed by NPCI and the best UPI service providers of India.

Eligibility to create My Jar account

Any Indian citizen over the age of 18 with a bank account and a UPI account with Phonepe, GooglePay, Paytm, or any other UPI service providers in India can create a My Jar account to invest in gold.

Click here to Download JAR app

How to create account in My Jar?

Creating an account in My Jar is very easy and quick. You just need to follow these steps:

  • Download the My Jar app from the Google Play Store or the App Store. Use the above link to download and get extra Gold worth Rs 15 on your sign up.
  • Enter your mobile number and verify it with an OTP.
  • Enter your name and other required details.
  • Allow SMS permission for JarApp.
  • Choose your preferred UPI app and link it with My Jar.
  • Set up UPI autopay from your PhonePe, GooglePay, or Paytm account.
  • That’s it! You are ready to start saving and investing in digital gold.

Update KYC

To invest in digital gold, you need to update your KYC details in My Jar. This is a mandatory requirement as per the government regulations. Updating your KYC is simple and hassle-free. You just need to provide your PAN card and Aadhaar card details and upload their images. You can do this from the ‘Profile’ section of the app. Once your KYC is verified, you can start investing in digital gold.

How to invest money in digital gold via My Jar?

There are three ways to invest money in digital gold via My Jar:

  • Round offs: Save as you spend. Jar takes your spare change and turns it into gold. 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. You can choose to round off to the nearest 5 or 10 as per your preference.
  • Daily savings: Set a daily amount and turn autosave on. Jar will invest that amount in digital gold every day, automatically. For example, if you set Rs. 50 as your daily savings, Jar will invest Rs. 50 in digital gold every day. You can pause, resume, or change your daily savings anytime.
  • Manual savings: Got a bonus? Want to save a bigger amount? Jar makes it easy with different payment modes. You can manually invest any amount in digital gold, starting from Rs. 10. You can also buy gold coins and get them home delivered.

How to withdraw money from My Jar app?

You can withdraw your money from My Jar app anytime, anywhere.

Just need to click on the ‘Withdraw funds’ option and choose how much money or gold you want to withdraw.

You can either sell your gold and get money directly to your e-wallet or bank account, or you can redeem your gold and get physical gold coins delivered to your address. JarApp gives you the best gold rates to ensure hefty savings.

Coupons and Offers

Jar not only helps you save and invest, but also rewards you with coupons and offers. You can get discounts and cashbacks from various brands and merchants, such as Amazon, Flipkart, Myntra, Swiggy, Zomato, and more. You can also win exciting prizes by playing games on the app, such as Spin the Wheel, Scratch Card, and Lucky Draw. Also, you can earn referral bonuses by inviting your friends and family to join JarApp.

Referral Program

Jar also has a referral program that allows you to earn extra money by inviting your friends and family to join Jar. You can share your referral code or link with your contacts and get them to sign up on Jar. For every successful referral, you and your friend will get Rs. 15 each in your Jar account. You can refer as many people as you want and earn unlimited money.

Achieve financial goal using Gold Investments

JarApp helps you achieve your financial goals by allowing you to create custom ‘Jars’ for each of your goals. You can name your Jar, set a target amount, and choose a saving type. JarApp will then automatically invest money in digital gold for your Jar, and track your progress. You can also view your Jar’s performance, edit your Jar’s settings, or withdraw your Jar’s funds anytime. You can create multiple Jars for different goals, such as:

  • Plan finances for starting your business or to invest in your favourite stocks.
  • Plan finances for buying your dream car, home, phone, or laptop.
  • Plan finances for your education, travel, wedding, or retirement.
  • Plan finances for your emergency fund, health fund, or charity fund.

GoldX

Lease your gold to earn upto 14.5% yearly. According to the report by Jar app, you will earn  Rs 11,100 per annum if you invested Rs 10,000 in Gold. But you will earn Rs 11,450 per annum if you invested (leased) in GoldX. Check out the features here below:

  • Gold leased to trusted partners.
  • Guaranted Monthly earnings
  • Secured by bank guarantee
  • Lock-in as low as 292 days
  • Start leasing with just 0.1 gm

Trusted Partners are: Raj Jewellers (Orissa) Pvt. Ltd, Pothys Swarna Mahal Private Limited, Vasavi Thanga Maaligai, Ora Galore, Lord Krishna Jewellers, Ishan Gold.

Gold Rates Historical Data for India

The given table is contains the average annual price of 24 karat gold per 10 grams.

YearPrice (24 K / 10 grams)
1965Rs.71.75
1970Rs.184.00
1975Rs.540.00
1980Rs.1330.00
1985Rs.2130.00
1990Rs.3200.00
1995Rs.4680.00
1996Rs.5160.00
1997Rs.4725.00
1998Rs.4045.00
1999Rs.4234.00
2000Rs.4400.00
2001Rs.4300.00
2002Rs.4990.00
2003Rs.5600.00
2004Rs.5850.00
2005Rs.7000.00
2006Rs.9000.00
2007Rs.10800.00
2008Rs.12500.00
2009Rs.14500.00
2010Rs.18500.00
2011Rs.26400.00
2012Rs.31050.00
2013Rs.29600.00
2014Rs.28006.50
2015Rs.26343.50
2016Rs.28623.50
2017Rs.29667.50
2018Rs.31438.00
2019Rs.35220.00
2020Rs.48651.00
2021Rs.48720.00
2022Rs.52670.00
2023Rs.65330.00
2024Rs.64500.00

FAQ

1. What is the latest version of Jar App?

It is currently working in the version, 6.8.6 as of 30th January 2024.

2. How many downloaded this App so far?

There are more than 10 Million users using this app.

Conclusion

Jar is a smart and innovative app that helps you save and invest in digital gold, and grow your wealth. Jar is easy to use, secure, and rewarding. JarApp is the first Made in India app of its kind, and has over 2 crore users who trust Jar for their savings and investments. Jar is the best app to save and invest in digital gold, and achieve your financial goals. Download Jar today and start saving and investing in digital gold.

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