Latest news with #Wizely
Fashion Value Chain
4 days ago
- Business
- Fashion Value Chain
Cut In Repo Rate: Know Why Booking FD On Wizely App Now Can Be Smart
To manage inflation and maintain economic stability, the Reserve Bank of India (RBI) updates the repo rate periodically. This shift in monetary policy has significant implications for various financial instruments, particularly Fixed Deposits (FDs). For potential investors looking to secure their returns, this has a direct effect on long-term returns. Taking conducive macroeconomic growth into account, the RBI has lowered the repo rate by 50 basis points in frontloading. Many banks are still providing FDs at the previous rate. Hence, now is the right time to book your FD so that you can still enjoy higher returns. Understanding why booking Fixed Deposit on the Wizely App now could be a particularly smart decision. Understanding the Repo Rate and Its Impact The repo rate is the interest rate at which the RBI lends money to commercial banks. It is a crucial tool used by the central bank to control liquidity in the banking system, manage inflation, and stimulate economic growth. RBI has made two cuts this year, reducing the repo rate by 25 basis points each time. Before the February 2025 Monetary Policy Committee (MPC) meeting, the repo rate stood at 6.5%. With two subsequent rate cuts, the repo rate before this month's MPC meeting was 6%. With this reduction of 50 basis points, the repo rate now stands at 5.50%. However, analysts at Goldman Sachs also anticipate that the repo rate will fall to 5.5% by the end of this year, within in the current rate cycle. Consequently, any change in the repo rate directly affects the investment made in FD. Impact on Fixed Deposit Rates The correlation between the repo rate and FD rates is direct. With lower repo rates, banks can borrow funds more cheaply from the RBI. Consequently, banks tend to lower their lending rates for various loans (home loans, auto loans, etc.) to encourage borrowing and stimulate economic activity. While this is good news for borrowers, it also means that banks are no longer dependent on investors for funds. Therefore, banks typically reduce the interest rates they offer on fixed deposits. This comes as bad news for anyone planning to book an FD. Window of Opportunity: Why Act Now Banks and Non-Banking Financial Companies (NBFCs) tend to adjust their FD rates downwards after the repo rate cut. However, banks will still be offering relatively higher FD rates compared to what they may offer in the near future. By booking an FD now, investors can lock in these potentially higher rates before they decline further. Why Choose the Wizely App for Fixed Deposits To leverage better FD rates before the cuts, one needs to make a quick decision. This is where the Wizley App comes to the rescue. Here are some compelling reasons to book Fixed Deposit on the Wizely App: Wizely makes it easy for investors to explore, compare, and book FD from various RBI-licensed banks and NBFC partners The interest rate on the Wizely App starts at 9.10%, which can be significantly higher than some traditional bank offerings, especially in a declining interest rate scenario The app offers a seamless digital experience, allowing investors to browse, compare, and create FDs with a few taps Investors can book FD without the hassle of opening a new bank account for each FD Fixed deposits booked through Wizely are insured up to Rs. 5 lakhs by the Deposit Insurance and Credit Guarantee Corporation (DICGC) for each bank, providing a layer of security for all investment All banks and NBFCs partnered with Wizely are fully regulated by the RBI, ensuring the safety and security of investments The entire process is online, eliminating the need for physical paperwork. All one needs to do is link their account with Aadhaar or PAN to complete the digital KYC with DigiLocker The app interface is simple, allowing even first-time investors to start investing without much confusion If the need is, one can easily withdraw their funds from the app itself. It is a straightforward process that allows the investor to transfer funds directly to their bank account in a few taps Step-by-step Guide to Book an FD on the Wizely If one wants to enjoy a better FD interest rate with the current higher repo rate, one can book an FD on the Wizely App by following these steps. Download the Wizely app from the official Google Play Store or Apple App Store Register their profile with a phone number and email address Complete the KYC process using the PAN Card Select the issuer by comparing the interest rate Book an FD by entering the deposit amount, tenure, and payout option Complete the FD process by making the fund transfer Once done, the investor will get the confirmation through the communication. Furthermore, they can then use the Wizley App to overview the investment returns and keep track of its growth. This way, this digital app gives the investors complete control at their fingertips. With the evolving landscape of fixed deposit investment, Wizley starts toe-to-toe with the new technology. Adding seamless and convenient investment experience for all. In addition to the competitive returns and hassle-free withdrawals, one can enjoy a stress-free experience by choosing Fixed Deposit on the Wizely App. All they need to do is download the app and get started!
Fashion Value Chain
28-05-2025
- Business
- Fashion Value Chain
Wizely App: Bridging Tradition and Technology with Digital Gold
Gold has been a significant part of Indian tradition and is considered a prized investment with high liquidity. Today, one may find that investing in physical gold is no longer a convenient option with storage issues, risk of theft, and additional fees like making charges. Thats where digital gold steps in. Wizely, a digital gold app, simplifies buying and selling even further. A recent survey showed that 75% of the people under 35 years of age who are looking to invest in gold trust digital gold. The primary reason why millennials and tech-savvy investors prefer to buy digital gold is due to the flexibility and convenience it offers. Wizely's features have been built on the same two tenets, giving consumers the freedom and accessibility to invest in this precious metal anytime and from anywhere. Benefits of Choosing Digital Over Physical Gold Suitable for both experienced and new investors, here are some benefits of investing in digital gold: It is a comparatively reliable and secure investment during adverse market conditions. It offers a safe choice to preserve wealth when the economy is unstable. Digital gold is safely stored in insured vaults, depending on the service provider, with no need for consumers to worry about locker fees or insurance. This removes the hassles of physical storage and protection. While physical gold may involve fees or additional expenses, no such charges are involved in the purchase of digital gold. Digital gold allows investors to start investing without saving up to a huge amount. Fractional investing allows buyers to get started on their journey with ease. The purity of the gold is assured by the platform, which gives investors certifications to eliminate worries. Reputed platforms offer live gold prices and updates, giving investors a clear insight into their investments value over time. How Wizely Makes Gold Investments Simple, Secure, and Accessible Wizely allows both new and experienced consumers to invest in digital gold with ease. Key reasons to choose Wizely include the following:â Wizely allows users to start their investment journey with just â¹100, making it more inclusive. This low entry barrier makes it easy for investors to adopt regular saving habits, too. Investments through Wizely are made in 99.99% pure 24K digital gold certified by NABL. An equal amount of physical gold is secured in vaults controlled by specialised partners. Wizely offers instant updates on gold prices so that users can track their investments' value in real-time. The app also allows investors to buy digital gold in small or large amounts as per their choice, giving them complete control. Compared to other gold investments, users do not incur extra expenses like making charges or storage costs with Wizely. It ensures all money is invested in pure gold, maximising one's returns. It provides a hassle-free digital experience where the user can complete the entire process online without any physical paperwork or documentation. There is no need for a Demat account, allowing even an amateur investor to start the process of building wealth. Investors purchase gold from the trusted organisation SafeGold on Wizely, which is stored with high-security lockers by specialists such as Brinks and Vistra. All these features enable investors to save smartly and connect to the tradition of investing in gold while benefiting from technology. With over 1 million downloads and a 4-star rating on the Google Play Store, Wizely is fast gaining popularity. Getting Started with Digital Gold Investments on Wizely To get going with digital gold investments, users need to download the app from the Google Play Store or the Apple App Store. Then follow these steps: Enter the mobile number and email, followed by OTP verification Set a secure PIN for app access Enter the name as per the PAN card details Go to the home screen and select the 'Buy Gold' option Choose an investment amount, starting from Rs. 100, or the weight of gold in grams Complete the KYC process by providing the PAN number Finish the payment (with the gold rate locked for 7 minutes during the transaction) In a rapidly digitised world, putting your savings into gold has become easier, safer, and more accessible than ever. The Wizely digital gold app online unites the traditional sheen of gold with the convenience of technology. It provides potential investors with a smarter option to gradually accumulate wealth over time. With real-time pricing data, safe gold storage, and the flexibility to invest just Rs. 100, this app simplifies a timeless investment with tech-savvy benefits. To get started, one can download the Wizely App and take a step towards financial wellness.
Fashion Value Chain
22-05-2025
- Business
- Fashion Value Chain
Wizely: Empowering the New Era Of Digital Gold Investors
Gold has always occupied a special place in Indian homes, representing wealth and security. Initially, such investments required purchasing physical gold as jewellery or coins, which presented challenges such as verification of purity, storage, and the need for larger up-front payments. For todays digital generation, convenience and flexibility are key, especially when it comes to finances. It is no wonder then that in the past few years, more people have started to invest in digital gold as a secure and convenient option. Making this process simple, Wizely is a digital gold app that enables investors to buy 24K gold online without worrying about storage safety or submitting any physical documentation. Digital gold from Wizely suits fast-paced lifestyles. With it, even small savings can help consumers fulfil big goals. Understanding 24K Digital Gold 24K digital gold refers to the purest form of gold – 99.99% pure yellow gold – with certifications from trusted partners. When consumers purchase 24K digital gold online, the same amount of physical gold is stored safely in insured vaults under their name. So they do not have to worry about physical ownership. Digital gold may be sold online to other buyers at the prevailing market price. This makes it a liquid investment. This form of gold eliminates the hassle of checking purity, handling, or storing gold. Buyers can invest small amounts at any time using a phone and an internet connection. While some digital payment applications offer gold investments in India, Wizely is an app tailored for digital gold. It offers a smoother, more convenient experience for investors who want to benefit from the potential increase in the value of the yellow metal. Whether one wants to save for one's wedding or unexpected needs in the future, digital gold offers a secure and flexible option. Backed by physical gold, it offers a similar long-term value as traditional gold – without storage or liquidity issues. Why Choose Digital Gold for Investment With the convenience of mobile apps and insured vaults, digital gold is becoming a popular choice. Here are some reasons for the rise in its popularity: Users can easily convert their digital gold into cash at market rates through digital gold apps. This makes it a dependable financial safety net during emergencies. Based on the chosen platform, digital gold is stored in insured, high-security vaults managed by trusted partners. This removes the risk of theft, physical damage, or misplacement. Consumers need not save up a large amount thanks to the fractional ownership of digital gold. This makes it accessible to students, young earners, and first-time investors. Digital gold platforms offer live pricing updates. This ensures users always have full visibility of their gold's market value. Unlike some forms of physical gold, digital gold does not come with additional charges like making fees or handling costs. Investments are usually made in 24K 99.99% pure gold bought from trusted providers who certify the gold. So, users never have to worry about the authenticity or quality of their purchase. With just a few taps on a smartphone, users can invest in or withdraw their gold holdings anytime. Digital gold eliminates the need for bank lockers or safekeeping at home. It saves users from storage expenses and the stress of managing physical assets. Wizely: Redefining Gold Investment for New Generations Wizely is revolutionising gold investments with a secure, tech-savvy platform. Customers can begin investing in 24K digital gold with just Rs. 100, making it affordable and accessible. The app provides real-time price tracking, so users are always in the know, and stores gold in secure vaults via specialist partners who ensure safety. With instant liquidity, an easy interface, and no paperwork, Wizely offers consumers a hassle-free journey to invest in the precious yellow metal. Here's how one can begin investing in digital gold through Wizely: Enter one's mobile number and email ID and verify through an OTP Set a secure app PIN for account protection Provide the name exactly as mentioned on the PAN card Navigate to the home screen and select the ' Buy Gold ' option Pick an investment amount with options starting from Rs. 100 Select ' Complete KYC ' and enter the PAN number for verification Proceed to payment via UPI and other options In today's fast-paced world, the Wizely App brings convenience and ease to the digital generation. It lets users invest in digital gold, offering features such as live price tracking, secure vault storage, and instant liquidity. Users can save small amounts and invest in digital gold at regular intervals more flexibly than ever before. All they need to do is download the Wizely App from the Play Store or App Store to start their journey.
Fashion Value Chain
19-05-2025
- Business
- Fashion Value Chain
Small Savings, Big Future: How Wizely App Helps You Save Gold One Day at a Time
Gold has always been a popular method of saving and growing money for individuals in India. It is reliable, valuable, and considered a wise protection for the future. With digital gold, saving up to buy gold has become easier than ever. This is because it does not require one to worry about lockers, pay making charges that are added to jewellery purchases, or accumulate a large lump sum to get started. Now, anyone can begin small, invest at their convenience, and increase savings over time with the Wizely digital gold app. Many investors hold back from investing in gold due to concerns like security, lack of significant savings, or doubts about purity. Thats where the Wizely App steps in. It simplifies putting one's savings in gold by allowing investors to begin with as little as Rs. 100. With Wizely one can take small steps each day for a potentially golden future. Investors can monitor live gold rates and invest easily, knowing their gold is stored securely in reliable vaults. Understanding the Wizely App The Wizely App provides a hassle-free platform to invest in 99.99% pure digital gold from SafeGold certified by NABL. It offers real-time monitoring of gold prices and safe storage. Offering access to instant liquidity, Wizely enables users to sell or buy gold at any time directly from the app. Its user-friendly interface and transparency make digital gold investment easy. This app is ideal for users who wish to accumulate wealth securely online and benefit from the potentially high returns offered by the yellow metal. How Wizely Is Changing the Way Investors Buy Gold Wizely is revolutionising the landscape of digital gold investments in India by making it convenient and secure. With specialist partners like Brinks and Vistra, the company ensures one's gold is kept securely in vaults. Here are some additional features offered by this app: It allows users to start their gold savings journey with a fractional investment starting at just Rs. 100, making it more accessible to all Users can invest in 24K pure gold, ensuring high quality and trust The app offers live gold price updates, helping users make informed decisions Investors can buy or sell gold anytime to order to finance urgent needs or planned goals Wizely makes the process completely digital, removing the need for physical paperwork or verification How is Digital Gold Different from Physical Gold While physical gold offers a tangible asset that acts as a hedge against inflation, digital gold excels in aspects such as storage and liquidity. Here is a comparison of the differences between these two: Ownership Physical gold allows buyers to take control of the asset completely and directly. Digital gold remains in the control of a service provider, while its ownership is displayed electronically on the platform. Liquidity There may be a delay in selling physical gold, as it may take time to find a buyer and prove purity with paperwork or evaluations. Digital gold enables quicker sales on platforms, which makes it ideal for those who need quick access to funds without hassles. Storage and Security Physical gold requires individuals to plan storage such as in home safes, vaults, or bank lockers. These may come with expensive fees or be unsafe. On the other hand, digital gold is stored safely by the provider in insured vaults. Investment size Physical gold often demands a large upfront purchase amount. This may be difficult for many investors to accumulate. Digital gold allows investment in small, flexible amounts, starting at just Rs. 100. This makes it more accessible for all. Suitability Digital gold is ideal for individuals who want convenience, flexibility, and a tech-friendly investment option. On the other hand, physical gold is best for investors who prefer to have tangible assets and wish to handle them physically. Getting Started with Gold Investments on Wizely To start investing seamlessly with the Wizely digital gold app, here are some steps investors can follow: Download the Wizely App by visiting the Play Store or App Store Register using the mobile number and email address Click on 'Buy Gold' on the homepage Choose the investment amount or the weight one wants to invest in Complete the KYC process while the app locks in the current gold price Pay via a preferred mode including UPI After a one-time PAN verification, users can buy and sell digital gold on this app as often as they like. They can also exchange digital gold for physical gold at Wizely's partner stores. By taking small steps every day on this app, investors can take the next step in their financial journey. Download Wizely App now and begin smarter, easier savings in the gold today!
Fashion Value Chain
15-05-2025
- Business
- Fashion Value Chain
Drop in Gold Rate: Why This Is the Right Time to Invest Through Wizely
Investing in gold is a fuss-free way to grow an investment portfolio, and the golden opportunity is here right now. Gold prices have recently seen a noticeable dip after reaching an all-time high of Rs. 1 lakh on April 22. This opens a rare window for savvy investors. Designed to make investing in gold straightforward and accessible for all, the Wizely digital gold app simplifies investing in the yellow metal. With the current rates lower than usual, this may just be the perfect moment to start investing. With Wizely, one can do it seamlessly and safely with small amounts starting at just Rs. 100. Change in Gold Prices in May 2025 As of May 15, 2025, 24 Karat gold is trading in India at Rs. 91,520 per 10 grams, recording a drop of over 1% from the previous trading session. From its peak, the gold rates have now fallen by Rs. 8,750 or 8.75%, reaching their lowest levels in the last five weeks. Gold Price for 24 Karat and 18 Karat Gold Two of the most purchased types are 24 Karat and 18 Karat gold, each differing in purity, price, and purpose. Today's 24K gold price in Mumbai is Rs. 91,520 per 10 grams. On the other hand, today's price for 10 grams of 18 Karat gold is Rs. 68,640, which is down by Rs. 710 from the previous trading session. Check out the trend in 24K gold rates in the last 10 days below: Date 24 Karat Gold Price (Per 10 Grams) Change from the Previous Session May 14, 2025 Rs. 92,470 – Rs. 1,430 May 13, 2025 Rs. 93,900 + Rs. 850 May 13, 2025 Rs. 93,050 – Rs. 3,670 May 11, 2025 Rs. 96,720 + Rs. 10 May 10, 2025 Rs. 96,710 Rs. 0 May 9, 2025 Rs. 96,710 + Rs. 240 May 8, 2025 Rs. 96,470 – Rs. 740 May 7, 2025 Rs. 97,210 – Rs. 440 May 6, 2025 Rs. 97,650 Rs. 2,760 May 5, 2025 Rs. 94,890 Rs. 2,060 Gold prices are clearly on the move, and smart investors know that timing matters. With the Wizely digital gold app, one can enjoy a flexible and secure way to grow wealth. It eliminates the need to buy physical gold or time the market manually. Wizley Makes Digital Gold Investment Easy Wizely is redefining how Indians invest in digital gold. It makes the entire investment process simpler, more accessible, and highly secure. Backed by trusted partners like Safegold, the app ensures that one's gold is stored safely in professional-grade vaults, giving users complete peace of mind. The following are some of the benefits of investing in digital gold in Wizely: Start Small, Think Big: Begin the journey by investing as low as Rs. 100, which makes gold ownership possible for everyone. Stay Informed: Get real-time gold price updates right within the app and invest at the opportune moment. Invest in Purity: Buy 24K pure gold seamlessly, ensuring top-tier quality and trust. Fully Digital Experience: Bid farewell to managing a pile of paperwork, as Wizely makes the entire process seamless and paper-free. Whether consumers are planning for a secure future or simply diversifying their portfolio, Wizely makes gold investing easy, transparent, and tailored to one's needs. How to Invest in Digital Gold with Wizely Wizely streamlines the entire process of investing in gold, while offering instant liquidity, a user-friendly interface, and absolutely no paperwork. Here is how one can start the investment journey on the app: Sign Up & Verify: Enter mobile number and email ID, then complete the OTP verification Secure the Account: Set up a secure app PIN for safety Provide Details: Enter the name exactly as it appears on the PAN card Head to Buy Gold: Once on the home screen, tap the Buy Gold option Choose the Investment: Select the amount to invest, starting from as low as Rs. 100 Complete KYC: Tap Complete KYC and enter PAN number for quick verification Complete Payment: Proceed to payment using UPI With global and domestic factors aligning to bring gold prices down, there is no better time than now to consider adding gold to one's investment portfolio. As gold dips from record highs, the window for smart, cost-effective entry is wide open. Timing the market does not have to be stressful anymore. The Wizely digital loan app takes the guesswork out of gold investing. With its user-friendly interface, real-time price updates, and the flexibility to start with as little as Rs. 100, the app empowers everyday investors to build wealth confidently. Download the Wizely App now and get started on smart journey to save in gold today!
