Gullak vs Pyllar — an honest comparison
Gullak is a solid digital gold savings app. Pyllar takes a different approach — SEBI-regulated gold & silver mutual funds, 0% GST, and a true daily SIP from ₹21/day. Here's how they actually compare.
Start Daily Gold SIP — ₹21/dayAbout Gullak
Gullak is an independent digital gold savings app, backed by Chiratae Ventures and others — it raised $7.5M in a Series A round in September 2025 and has around 300,000 active users. It is not affiliated with Jupiter or any neo-bank. This page compares Gullak's digital-gold model to Pyllar's SEBI-regulated mutual fund model — the real product differences, not a claim about either company's status. Pyllar Money publishes this comparison.
What Gullak users loved — and what Pyllar offers
Daily savings habit
Gullak made it simple to save small amounts in gold every day without thinking about it. Pyllar does the same — set a daily SIP from ₹21/day and it runs automatically. The daily habit is the core feature.
Better on costs — 0% GST
Gullak used digital gold, which attracts 3% GST on every purchase. Pyllar uses SEBI-regulated gold mutual funds — 0% GST by law. On ₹10,000 saved, that's ₹300 more in gold with Pyllar. Every day, every month, compounded over years.
Silver SIP too
Pyllar adds daily silver SIP alongside gold — one of the only apps in India to do so. Save in both metals simultaneously from ₹21/day each. Diversify between gold and silver in one place.
Focused, dedicated app
Like Gullak, Pyllar is a focused daily SIP app — not a bank, not a super-app. No distractions. The app is built for one thing: helping you build a daily gold and silver savings habit as simply as possible.
Gullak vs Pyllar — how they compared
| Feature | Gullak (original) | Pyllar |
|---|---|---|
| Minimum amount | ~₹100/day | ₹21/day |
| Daily gold saving | Yes | Yes — from ₹21/day |
| Daily silver saving | No | Yes — from ₹101/day |
| ⭐ GST on purchase | 3% GST (digital gold) | 0% GST (mutual fund) |
| Asset type | Digital gold | Gold & Silver mutual funds |
| SEBI mutual fund regulation | No (digital gold) | Yes — AMFI ARN 341847 |
| App availability | Android & iOS | Android & iOS |
Gullak details based on publicly available sources as of August 2026 (its own app store listings and reported Series A funding). Always verify current details independently — product terms change.
Frequently asked questions
Yes. Gullak is an independent, actively operating digital gold savings app — it raised $7.5 million in a Series A round in September 2025 led by Chiratae Ventures, and has around 300,000 active users. It is not affiliated with or acquired by Jupiter; that claim has circulated online but is incorrect. People still search for Gullak alternatives simply to compare gold-savings apps, which is what this page does.
Yes, in purpose — both let you save small amounts daily in gold. The key difference: Pyllar uses SEBI-regulated gold mutual funds (0% GST, AMFI ARN 341847), while Gullak used digital gold (3% GST). Pyllar also offers daily silver SIP. For users who liked Gullak's daily savings habit, Pyllar delivers the same core experience with better regulation and lower purchase costs.
The minimum daily SIP on Pyllar is ₹21/day for gold and ₹21/day for silver. You can invest in both simultaneously. There is no lock-in — you can pause, change, or stop your SIP at any time and redeem your accumulated savings whenever needed.
Pyllar uses SEBI-regulated gold and silver mutual funds — not digital gold. This means 0% GST on every investment. Your funds are held with licensed AMCs (Aditya Birla Sun Life, Nippon India) in your name, regulated under SEBI's mutual fund framework.
Build your daily gold savings habit
0% GST. SEBI-regulated. Gold + silver daily SIP. From ₹21/day. AMFI ARN 341847.
Download Pyllar — Free