When it comes to investing in 24 karat Gold, quality, authenticity and safety are of utmost importance. People prefer visiting stores/goldsmiths, check the physical product and then decide to go ahead with the purchase. After all, it is your hard-earned money that’s in question! What if we tell you that you can purchase gold online without having to worry about quality, purity and safety? Moreover, you can buy gold in small amounts! Yes, you’ve heard that right! Bajaj Markets facilitates selling and delivery of physical gold – all at the click of a button.
What’s more, with digital gold price being the same across India, you can buy and sell pure gold at the market-linked rate, with each quantity of gold purchased backed by actual physical gold. As for storage, safety lockers are provided to digital gold investors without any additional charges!
Selling the 24 karat Gold that you’ve purchased online is easy. Once again, all it takes is 2-steps and you’re done! Here’s how you go about the process -
Apart from buying and selling gold, you can even choose to redeem it and have your purchase delivered to your doorstep. However, do keep in mind that you can only redeem gold in grams. To facilitate this process, here’s what you need to do –
Upon redeeming your gold, it is delivered to your registered address. Do keep in mind that the gold you purchase online at Bajaj Markets is insured until it is safely handed over to you.
In India, gold is considered auspicious for various occasions - from religious festivities to celebrations and weddings. Above all, gold as an investment is one of the best option. Digital gold is a convenient and secure way to invest in 24 karat gold with as low a denomination as Rs 100. With digital gold, interested investors can buy, sell and accumulate pure gold. Since the transactions are online, you are saved the expenses of making charges, sellers and storage fee that are levied in case you wish to buy gold the traditional way. Each portion of gold bought by you online is backed by physical gold, which can be easily sold back online at market-linked gold rate.
Selling the gold that you’ve purchased online is easy - you just have to enter the amount of gold you want to sell on the portal. To enable payment to be credited, you will need to provide your bank details.
If you wish to withdraw or redeem the gold that you have purchased, you can request for all or part of your gold holding, between 1 gm and multiples thereof. Thus, you can also get gold delivered to your doorstep by choosing to redeem your accumulated reserves as coins or bars.
Here is the information that you must provide to buy coins/bars online:
1. Your name
2. Your registered mobile number
3. Pin Code of the place where the purchase of digital gold is initiated.
The information mentioned above is necessary for cumulative transactions that cross INR 50,000. For single transactions that amount to INR 2 Lakh or more, you will be required to provide your PAN Card details.
IDBI Trusteeship Services Limited is the custodian for gold
*Assay-certified Gold
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