Gold as an Investment - 24K Digital Gold

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!

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How do I sell the Digital Gold I purchased on Bajaj Markets?

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 -

  1. Log in to our Customer portal using your mobile number.
  2. Enter the amount of gold you want to sell. This could be either in grams or INR. To enable payment to be credited, you will need to provide your bank details. That’s it!
  3. The amount will then get credited in your bank account in 24 business hours.

How do I redeem the Digital Gold purchased online at Bajaj Markets?

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 –

  1. Log in/Sign-up to the Customer Portal using your mobile number.
  2. Choose how you wish to redeem your 24 carat Gold. The options available include coins and bars. Moreover, you can add multiple gold coins basis how much you plan on redeeming. Once done, you just need to add this to your cart.
  3. View/Know the charges levied for the minting of coins. 
  4. Confirm your delivery address.
  5. Proceed to pay the coin minting and delivery charges.
  6. The amount of gold you have redeemed (weight in grams) will be deducted from the gold that you have stored in your safety locker. 

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.

Features of Digital Gold with Bajaj Markets

Selling Digital Gold

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.

Redeeming Gold

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.

Manage all your queries here

The price at which one sells gold, irrespective of the day, is always lower than the price at which one purchases this commodity. Several factors such as bank charges, processing fees and taxes are responsible for this. The price of gold when purchased in grams includes a host of taxes, customs duty, foreign exchange conversion and operational costs. However, making or manufacturing charges and delivery charges are not factored. Hence, the price is updated on a regular basis. You can check the pure gold rate on our website before making a decision.

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.

Yes, the minimum transaction amount for purchasing digital gold is Rs. 100

Digital gold taxation is the same as that of physical gold in terms of classification of gains. However, do keep in mind that this depends on the holding period. As for showing of losses when filing for taxes, yes this is allowed.

Yes, there is a price locking period of 5 minutes for buying/selling digital gold. Upon the crossing this time, the gold price is updated.

Post selling, based on your instructions, the money either credited to your bank account or payment wallet that is listed with us. You can then use the money for any transaction as you deem fit.

You can avail vault facility to store your digital gold for a period of 5 years. Post this, you must either redeem or sell gold.

We’re sorry. Once your online gold purchase order is accepted, you cannot cancel.

Gold price is linked to live market prices and not set any local gold association. Hence, the price of online digital gold is the same across the country. Check the 24k gold price today on our website.

 IDBI Trusteeship Services Limited is the custodian for gold

*Assay-certified Gold

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