Paytm Introduces Silver for Everyday Savings, Starting at ₹20
Paytm has launched Paytm Silver, enabling savings in silver through the Paytm app and expanding access to trusted asset-based savings.
The company has witnessed strong adoption in Paytm Gold, with millions regularly saving in gold. Building on this momentum, the introduction of silver further strengthens Paytm’s savings offerings and provides another established asset for long term accumulation.
With this launch, silver, one of India’s most trusted traditional savings assets, becomes part of Paytm’s growing savings offerings. The silver is sourced from MMTC PAMP, one of India’s most trusted refiners, ensuring high purity standards, and the equivalent physical silver is securely stored in insured vaults of MMTC PAMP, with MMTC Limited being a Government of India undertaking. The silver can be sold instantly at prevailing market prices through the app. Paytm Silver offers transparent pricing with no making charges. The live silver price is displayed clearly, and applicable taxes appear separately before completing the transaction, ensuring full clarity at the time of payment.
Starting at ₹20, Paytm Silver enables disciplined savings in small amounts, supporting gradual accumulation over time while offering flexibility for festivals, milestones, and future financial needs.
Paytm Spokesperson said, “Silver has always been a trusted form of savings in India. The strong adoption of Digital Gold reflects the growing preference for disciplined savings in precious metals. With Paytm Silver, we are extending this approach to silver, starting at ₹20 and backed by physical silver sourced from MMTC PAMP. Our focus remains on making trusted savings options more accessible and easy to manage.”
How to save in Silver on the Paytm app
1. Open the Paytm app and search for Paytm Silver
2. Tap on Silver to begin
3. Enter the amount you wish to save, starting from ₹20
4. View the live silver price inclusive of applicable taxes and the equivalent silver quantity
5. Complete the payment using Paytm UPI, net banking, or debit card
6. After the transaction, the equivalent silver is securely stored in insured vaults. Confirmation is shared through SMS and email.
