By BrandsShouts Digital silver is like digital gold, you buy real silver that someone stores for you, but you don’t hold metal in your hand. In 2026, digital silver is one of the easiest, most flexible ways to invest in silver — you can start with tiny amounts, buy instantly, and sell quickly.
This is a complete walk-through: what digital silver is, how it works, how to buy it online, costs, safety, taxes, risks, and selling.
What exactly is digital silver?
Digital silver is a way to own real physical silver in a digital form.
When you buy digital silver:
- The silver is stored in secure, insured vaults
- You own a claim to that silver in your account
- Your balance grows or falls with global silver prices
- You can sell anytime or take delivery (sometimes, under conditions)
You do not get coins or bars mailed unless you request delivery.
Why invest in digital silver?
Digital silver became popular because:
- You can buy with small amounts (₹10 or ₹100)
- No storage worry — vaults take care of storage
- No purity doubts — reputable platforms guarantee it
- Instant buying and selling is possible
- Prices are visible real-time
It works well for regular savings and incremental accumulation.
How digital silver works (quick explanation)
Here’s the flow:
- You buy silver digitally on an app
- The app stores the equivalent silver in safe vaults
- Your digital account shows your owned silver (in grams)
- Silver price moves reflect in your balance
- You can sell or request physical delivery (if the platform allows)
Think of it like owning silver, but via app and digital balance.
Who can buy digital silver?
Any Indian resident with:
- A smartphone
- A bank account
- KYC documents (PAN + address proof)
No need for a demat account like with Gold ETFs.
Step-by-step: how to buy digital silver in India (2026)
Step 1 — Choose a reliable platform
Pick an app or financial platform that offers digital silver. Compare platforms based on:
- Security and reputation
- Transparency of pricing
- Insurance and vault details
- Fees and spreads
- Ease of buy/sell
- Whether they offer physical delivery
Never join an unknown app with only flashy promises.
Step 2 — Create and verify your account
Usually, you need to:
- Sign up with your mobile number
- Complete KYC verification
- Link your bank account or UPI
KYC is mandatory for financial transactions in India.
Once verified, you’re ready to buy.
Step 3 — Add money (fund your wallet)
After account setup:
- Go to “Add Money” or wallet section
- Choose your payment method:
- UPI
- Net banking
- Bank transfer
- Enter the amount you want to allocate for silver
Your wallet will show your rupee balance ready to shop digital silver.
Step 4 — Buy digital silver
Once your wallet has funds:
- Go to “Buy Silver”
- Enter amount (₹10, ₹100, ₹500, etc.)
- See how much silver you’ll get (in grams or fraction)
- Confirm purchase
Your digital silver balance updates instantly.
You now own silver that is digitally recorded.
How much silver you own
Your digital balance shows weight:
- g., ₹500 might give 0.25 grams
- g., ₹1,000 might give 0.50 grams
This depends on live silver price at the time of purchase.
Prices update in real time based on global markets.
Costs and fees you should check
Digital silver may involve:
- A small platform fee
- A slight price spread (buy slightly higher than sell)
- Delivery charges only if you take physical silver
- No storage charge on most platforms
Always check:
- Buy price
- Sell price
- Any minimum thresholds
Unlike physical silver, there are no making charges.
Selling digital silver
Selling digital silver online is usually simple:
- Go to the “Sell Silver” section
- Enter quantity you want to sell
- Confirm
- Money gets credited back to your bank
Selling is often instant or within a short time.
Most platforms show live sell price before you confirm.
Can you request physical delivery?
Some platforms let you request physical silver delivery.
Conditions vary:
- Minimum weight threshold (e.g., 10 grams)
- Delivery and making/assaying charges
- Insurance and handling fee
Physical delivery is optional — most people don’t use it unless needed.
Taxation you should know
Digital silver is treated similarly to physical silver for tax.
- Capital gains tax applies when you sell
- Holding < 24 months: short-term gains (taxed at slab rate)
- Holding > 24 months: long-term gains (lower rate)
- Keep records of:
- Buy price
- Sell price
- Dates
This ensures correct tax filing.
Risks you must understand
Digital silver is not risk-free:
- Silver price can fall
- Platforms may charge a spread
- Some platforms have low liquidity during sharp volatility
- Custody and insurance must be verified
- Beware of fake apps with vague storage claims
Always verify vault partner and insurance details.
Digital silver vs physical silver — quick comparison
Digital Silver
- Buy instantly with small amounts
- No storage worry
- Sell online anytime
- No making charges
- May have small fee/spread
Physical Silver
- You hold metal physically
- Storage and safety cost
- Jewellery making charges (if turned into jewellery)
- May be harder to sell quickly
Digital silver wins in convenience; physical silver wins in tactile ownership.
Tips for smart digital silver investing
- Buy regularly instead of lump sum
- Track price over time, but don’t time the market
- Compare platforms for fees
- Check how easy selling is on the app
- Keep good records for tax
Silver is part of a diversified portfolio, not a race to get rich fast.
Final thoughts
Buying digital silver in India in 2026 is one of the easiest ways to own silver. You own real metal, held securely, without physical hassles. Whether you’re saving small amounts monthly or building a larger position, digital silver gives you flexibility, liquidity, and transparency.