How To Buy Paytm Gold: Everything About Paytm Digital Gold

Want to buy gold and don’t want to step out from the home then you should try to buy the gold from Paytm. Yes, you can easily purchase gold from Paytm directly from your mobile. So if you are planning to buy gold for festivals, gifting, or any other purpose so you can give it a try by using Paytm.

Pro Tip: You can also read our step by step by step guide on How To Sell Paytm Gold and How To Gift Paytm Gold

Step By Step Guide To Purchase Digital Gold From Paytm

The best part of buying gold online is we can buy gold for any amount like we can buy the gold for as low as 1Rs. So when you have some money and wanted to invest then gold will be the best option.

Step 1: First of all launch your Paytm app and make sure you have logged in to your Paytm Wallet and tap on all services.

Paytm App Homepage
Paytm App Homepage

Step 2: Now select Gold under the Stocks & IPO section or simply search for gold in the search bar.

Paytm Gold Under Stocks and IPO
Paytm Gold Under Stocks and IPO

Step 3: Now you can see the live price of gold and enter the amount for which you want to buy.

Enter Amount Of Gold To Buy From Paytm
Enter Amount Of Gold To Buy From Paytm

Step 4: Select the suitable payment mode and complete the payment for your gold purchase.

Paytm Gold Successfully Purchase
Paytm Gold Successfully Purchase

Step 5: After Successful Payment, the respective amount of Gold will be Added To Your Gold Locker.

You can also download the invoice of gold that you have bought from Paytm by clicking on the download invoice button. You can also see the below image of the invoice how it looks.

Paytm Gold Invoice
Paytm Gold Invoice

Features Of Paytm Gold

  1. The live rate of Gold for buying and selling is valid for up to 5 minutes.
  2. One can buy gold worth Rs1.
  3. One can buy a gold maximum of 50 gm.
  4. Paytm provides two gold providers. One is MMTC-PAMP having 99.99% of purity while the other is AUGMONT gold having 99.90% of purity.
  5. Paytm provides 24 Karat Gold.
  6. You can sell the Gold after purchasing the gold.
  7. You can sell your gold from Paytm and get the amount in Your Bank Account.
  8. You can also deliver that gold to your address by providing some charges.

Pro Tip: You can also read our step by step by step guide on How To Pay Broadband Bill From Paytm and How To Recharge Metro Card From Paytm

Gold Legal or Not?

Buying Gold is absolutely legal in India. Whether it is online or offline. But Gold is not a legal tender in India. I know you are worried about whether buying gold online is secure to not. Is buying gold online is Secure or not. It comes to mind of most people is really secure to buy Gold online. Will, it is Scammy or not. Buying Gold online from any platform like Paytm, PhonePe, etc is absolutely secured. Before purchasing gold just make sure it must be from a trusted source. In India, Jewellery is the most important accessory for any woman. Only the Rupee Notes and Coins are legal tender in India.

From Where We Can Buy Gold Online

There are many websites and applications from where we can buy Gold online. Some of them are listed below.

Various Forms Of Gold

There are several forms of gold.

  1. Gold Coin
  2. Gold Jewellery
  3. Gold Biscuits

Things To Remember While Buying Gold

  1. Purity
  2. Hallmark Certification
  3. Return Policy
  4. Invoice

FAQ (Frequently Asked Questions)

How do I complete my Paytm KYC online?

No, you cannot Complete Paytm KYC online. Paytm has removed these features after the update. The only way to complete your Paytm KYC is to visit the nearest Paytm KYC center.  There are no charges for doing KYC. It is totally free of cost to complete the Paytm KYC.

How can I see my Paytm statement?

To download the Paytm wallet statement first understand the Paytm. Paytm is India’s largest digital payment platform that allows the user to do various transactions like Mobile RechargeSend Money (Wallet to Wallet And Wallet To Bank), Metro RechargeBroadband Bill Payment, Buy & Sell Gold, and many more. For this first, you need to Complete Paytm KYC. If you have completed your Paytm KYC then you can Download Paytm Statement.

Can we pay electricity bill online after due date?

Yes, you can pay your electricity bill payment after the due date. There is no problem with that. However, you will be charged some extra amount as Late Payment Surcharge (LPSC) on your next electricity bill according to your operator. You can use Paytm, PhonePeAmazonMobikwikFreechargeNikki services to pay your electricity bill online and get exclusive offers in the form of cashback.

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