How to Buy Demat Gold on ICICI?

How to Buy Demat Gold on ICICI?

Gold ETFs are commonly known as Demat Gold. They are also known as Paper Gold. The main advantage of buying a Demat Gold is that, no issue of purification, no Wealth tax and No risk of physical possession of gold.

Here is a step by step guide of buying a Demat Gold on ICICI Bank. But well, for this, you will need a Demat account with ICICIDirect.com

Step: 1 Go to ICICIDirect.com – Go to ICICIDirect website.

Step: 2 Log on with your user name and password.

Step: 3 Go to Mutual Funds Section & select the fund house and place the order.

You are done. Within 2 days, Units of Gold ETF will be allocated to you and reflected in your Demat Allocation.

Buying a Demat Gold with ICIC Bank is this much easy.