Quick Answer: Is It Safe To Buy Gold On Paytm?

Is buying digital gold a good investment?

Benefits of Investing in Digital Gold: You can take physical delivery of the gold at your doorstep.

You can invest an amount as low as Re.

Digital Gold is genuine and the purity is 24K 99.5% for SafeGold and 999.9 in case of MMTC PAMP purchases.

Your purchase is stored safely and is also 100% insured..

How can I get 50 rupees in PayTm?

This is how it worksGo to Paytm.com or download the Paytm App.Sign up, then proceed to recharge/pay your bill.On the payment page, check the I have Promocode box, enter the Promo code Get50, click on Apply.Now proceed to pay for your order. … Your cashback will come into your account within an hour of your order.

What is Paytm Gold offer?

Paytm Gold Offer For New Users Extra 1 % extra gold on your 1st purchase. Use promo code “MONTHLYSAVE” to earn up to Rs. 1,500 worth Free Gold. The promo code is applicable on minimum gold purchase of Rs. … Once you earn cashback, the gold you purchased can be instantly sold to transfer the amount in the bank account.

How can I get 40 rupees in Paytm?

Get free 40 rs cashback only for new users for adding money in paytm wallet use code NEW40 and click on add money ….Works only for new account.Just enter amount as 40 rs.now enter promo code as NEW40.After entering coupon u will see 40 rs will be added as cashback , after that only click on ADD MONEY.

How can I sell my gold on Paytm?

Here are the steps to sell digital gold via Paytm: Step 1: Log into Paytm app and select the ‘Gold’ icon. Step 2: Select ‘Sell’ option appearing at the top of the page. Step 3: One can sell gold accumulated on Paytm in either rupees or gram.

Is Paytm gold expensive?

The precious metal processing facility MMTC-PAMP has partnered with the e-wallet company to allow consumers to buy gold for as low as Re 1, online. … Consumers can purchase 24K 999.9 purity gold online and store it in vaults of MMTC-PAMP for no extra cost.

How can I get free gold on Paytm?

How To Get ₹100 Paytm Gold Balance For FreeThis Is Account Specific Offer But Maximum Merchant Account Is Elizabel For ₹100 Gold Cashback.Open Paytm App > Goto Gold Options.Enter Amount ₹100 On Old Purchase Amount.Apply Promocode – GOLDFEB100.After Applying It Successful Complete The ₹0 Transaction.More items…

Can I convert Paytm gold to cash?

You can continue to transact and shop on Paytm and still receive cashback as equivalent “Digital Gold” of the same amount. … Sell your existing Paytm Gold at market prices and get the money credited directly to your Bank account.

Where is the cheapest place to buy gold?

Online Bullion Trader in India with thousands of variation is CoinBazaar. This is the only place where you can get lowest price as they are the only platform in India which works on LIVE bullion rates.

What is the benefit of Paytm gold?

About Paytm Gold Buy, gift, redeem, sell your gold or check your gold balance anytime anywhere using your Paytm app. No minimum amount or quantity needed to start saving in Gold. You can buy gold starting ₹1. Your Gold is kept safe in 100% insured lockers with MMTC-PAMP or Augmont Gold, at no extra charges.

What is the purity of Paytm gold?

99.99 percentPaytm gold offers gold of 24K and of 99.99 percent purity.

Is it good to buy gold from Paytm?

Paytm, India’s leading digital payments and financial services platform in collaboration with MMTC-PAMP provides a safe platform to buy, store and sell digital gold from the safety of your homes. … The customer can now buy 99.99 per cent pure gold with as low as Rs. 1 and store them at the insured vaults for free.