Looking for a Gullak alternative? Try Pyllar.
Gullak was acquired by Jupiter. If you loved the idea of saving small amounts in gold every day, Pyllar carries that habit forward — with SEBI-regulated mutual funds, 0% GST, and daily silver SIP too.
Start Daily Gold SIP — ₹21/dayWhat happened to Gullak?
Gullak, the daily gold savings app, was acquired by Jupiter. The standalone Gullak experience is no longer available as a separate app for new users. Pyllar is an independent, dedicated daily gold and silver SIP app.
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.
Standalone, dedicated app
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 |
|---|---|---|
| Status | Acquired by Jupiter — standalone app no longer available | Active — independent app |
| Daily gold saving | Yes | Yes — from ₹21/day |
| Daily silver saving | No | Yes — from ₹21/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 | Standalone app discontinued | Android (Google Play) |
Gullak information based on publicly available reports. Always verify current status independently.
Frequently asked questions
Gullak, the daily gold savings app, was acquired by Jupiter — a neo-banking app. Following the acquisition, the standalone Gullak experience was integrated into Jupiter. Users looking for a dedicated, standalone daily gold savings app now search for Gullak alternatives.
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.
The daily gold savings habit, continued
0% GST. SEBI-regulated. Gold + silver daily SIP. From ₹21/day. AMFI ARN 341847.
Download Pyllar — Free