NewKerala.com

Paytm Gold Expands to 12,000+ Pin Codes for Akshaya Tritiya Gold Delivery

Paytm has significantly expanded the reach of its Paytm Gold service, enabling doorstep delivery of physical gold across more than 12,000 pin codes in India. This expansion facilitates the easy conversion of digital gold balances into 24-karat gold coins, timed ahead of the auspicious Akshaya Tritiya festival. The service, offered in partnership with MMTC-PAMP, allows users to purchase digital gold starting from just Rs 51, with all holdings backed by physical gold stored in insured, secure vaults. Users can also opt for a Daily Gold SIP to build their savings steadily and later convert them into physical gold delivered to their doorstep.

Key Points: Paytm Gold Delivery Expands to 12,000+ Pin Codes

  • Extended delivery to 12,000+ pin codes
  • Easy digital-to-physical gold conversion
  • Partnership with MMTC-PAMP for secure vaulting
  • Offers Daily Gold SIPs for regular savings
3 min read

Paytm Gold extends delivery to 12,000+ pin codes ahead of Akshaya Tritiya, enables seamless conversion of digital gold to physical gold

Paytm Gold now offers doorstep delivery of physical gold across 12,000+ pin codes in India, enabling easy conversion from digital gold ahead of Akshaya Tritiya.

Paytm Gold extends delivery to 12,000+ pin codes ahead of Akshaya Tritiya, enables seamless conversion of digital gold to physical gold
"Gold has always been close to India's heart, especially during Akshaya Tritiya. With Paytm Gold, we are making it simple to convert digital gold into 24-karat physical gold and have it delivered at home across the country. - Paytm spokesperson"

New Delhi, April 17

Paytm, India's full stack merchant payments leader serving MSMEs and enterprises, and a leading financial services distribution company, and the pioneer of mobile payments, QR codes, and Soundbox, on Friday announced that its Paytm Gold offering has extended doorstep delivery of physical gold across more than 12,000 pin codes, enabling easy conversion of digital gold balance into 24-karat gold coins, making it easier to buy and receive gold across the country.

The company offers Paytm Gold in partnership with MMTC-PAMP, a joint venture of MMTC Ltd., a Government undertaking, and Switzerland-based MKS PAMP SA.

The offering allows digital gold balances to be redeemed into physical gold, giving greater flexibility and control over gold savings. Nominal making and delivery charges are applicable at the time of redemption of physical gold.

On the Paytm app, 24-karat digital gold can be seamlessly purchased starting at Rs 51, based on live market prices, making it easy to start saving in a trusted asset like gold, and avail options of doorstep delivery by converting it into physical gold. Every purchase is backed by equivalent physical gold stored in insured, high-security, bank-grade vaults managed by MMTC-PAMP, with no storage fees, ensuring a safe and reliable ownership experience. It also enables digital gold balance to be sold anytime at live market prices, ensuring liquidity and flexibility to exit when required.

Paytm spokesperson said, "Gold has always been close to India's heart, especially during Akshaya Tritiya. With Paytm Gold, we are making it simple to convert digital gold into 24-karat physical gold and have it delivered at home across the country. This gives people the freedom to save in gold in a way that fits their needs."

Physical delivery of Paytm Gold can be availed through the Paytm app in a few simple steps:

● Open the Paytm app and search for Paytm Gold

● Select 'Withdraw Gold' and choose the option for 'Physical Gold Delivery'

● Select the desired quantity in grams or value

● Review applicable making and delivery charges

● Enter and confirm the delivery address

● Proceed to confirm the request and complete authentication

● The physical gold coins is processed and delivered to the doorstep within the supported pin codes.

Paytm also offers Daily Gold SIPs, enabling small, regular investments that help build digital gold savings steadily over time. This supports disciplined savings while providing the flexibility to build gold holdings over time and convert them into physical gold as needed.

- IANS

Share this article:

Reader Comments

R
Rohit P
Good move by Paytm. The partnership with MMTC-PAMP (a govt JV) adds a layer of trust, which is crucial when dealing with gold. Hope the making charges are reasonable. Will check it out for a small purchase this festive season.
A
Aditya G
Very convenient, but a word of caution. Always read the fine print on "nominal making and delivery charges." Sometimes these charges can eat into your savings, especially for smaller quantities. Compare with local jewellers before converting a large digital balance.
S
Sarah B
As someone who recently moved to a tier-2 city, this is incredibly useful. Access to certified 24-karat gold without having to travel to a major city or worry about purity is a huge relief. The doorstep delivery is the cherry on top.
K
Karthik V
The Daily Gold SIP is the best feature for long-term wealth building. Instead of making one large purchase during Akshaya Tritiya, we can accumulate steadily. This aligns gold buying with modern financial planning. Bahut badhiya!
M
Meera T
Hope the delivery is as seamless as they claim. 12,000+ pin codes sounds impressive, but timely delivery before the auspicious day is key. Also, will the coins come with proper certification and tamper-proof packaging? That's essential.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50