Srinagar: J&K Bank Financial Services Ltd. (JKBFS) has introduced a new facility allowing customers to store and invest in Gold and Silver Exchange Traded Funds (ETFs) directly through their Demat Accounts.
The initiative, launched under the campaign “Move Smart. Go Digital,” enables investors to buy Gold and Silver ETFs with a minimum investment starting from ₹1,000 per month. It marks a new step in encouraging safe, transparent, and hassle-free investments in precious metals without the need for physical storage, bank officials said.
According to JKB Financial Services, the product offers several benefits, including real-time tracking of gold and silver prices, no lock-in period, no entry or exit load, and long-term value retention. The ETFs are traded on recognized stock exchanges and stored securely in investors’ Demat accounts.
Speaking on the development, a JKBFS spokesperson said the new feature empowers investors to participate in precious metal markets digitally. “This initiative reflects our commitment to making investment simpler, safer, and smarter for our customers in Jammu and Kashmir and beyond,” the spokesperson stated.
The facility also aligns with the broader national push toward digital financial ecosystems and paperless investment solutions.
For further details, customers can visit their nearest J&K Bank or JKB Financial Services branch, call +91 194 248 3866, or visit www.jkbfs.com.
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