How much time is taken for settlement in the account when I sell gold through 5paisa?
Proceeds of digital gold sold through 5paisa will be sent within 4 working days to your bank account after deducting any applicable transaction charges (which will be disclosed in advance).
If the sell transaction has been made on Friday/Saturday or Sunday, then you will receive your sales proceeds by Tuesday of the following week.
If the sales proceeds have not been received within 4 working days of the transaction, please email our customer service team firstname.lastname@example.org
with your related transaction details, and we shall resolve your issue.
How can I sell Digital Gold via 5paisa?
Selling your accumulated gold through 5paisa can be done in 3 simple steps: Visit https://digitalgold.5pinvest.com/ You can decide the number of grams or amount of gold you want to sell Review the Bank & click on Confirm button Proceeds will be ...
How is buying gold from 5paisa is better than buying gold from a jeweler?
Buying Digital Gold on 5paisa has certain advantages: Convenience: Buy gold for any Rupee value, starting @ ₹50 and accumulate your gold Pricing: Buying gold from jewellers involves making charges and markups above the market price of gold. Also, ...
How do I authorize my sell transaction?
A new process of “Sell Authorization” has been added to ensure the secure transfer of shares from your demat account whenever you sell them (Applicable only for Selling Delivery and not Intraday). Under this new process, you will have to provide a ...
FAQs on Quarterly Settlement Payout
What is Quarterly Settlement of funds and how is the recent SEBI circular dated 27th July 2022 affecting the process? As you are aware, settlement of running account refers to a SEBI mandated process whereby the funds of the clients lying in their ...
What is the benchmark for the Price of digital gold? Can MCX be taken as a benchmark?
MCX cannot be considered as a benchmark for the prices of digital gold. MCX gives the prices of a futures contract which doesn’t give the landed prices by factoring in cost of logistics, insurance, safekeeping, etc. MCX also does not include pan ...