Axis Bank to Phase Out Digital Gold Services via SafeGold by Year-End 2025

Banking/Finance

Published on 20th November 2025, 5:13 PM

Author

Abhay Singh | Whalesbook News Team

Overview

Axis Bank is ending its digital gold purchase services through SafeGold by December 31, 2025. Purchases will stop on November 30, 2025, and all Systematic Investment Plans (SIPs) will also halt. Customers can continue using SafeGold directly or migrate holdings to a SafeGold Wallet. The bank cited streamlining product offerings, and the move follows SEBI advisories on unregulated digital gold products.