When I Buy gold on 5paisa where is it stored?

When I Buy gold on 5paisa where is it stored?

The gold purchased on behalf of you shall be stored with a reputed custodian. An independent auditor/ trustee will confirm the balances with the custodian each quarter and reconcile the amounts with customer balances.

The Security Trustee is entitled to act on behalf of the customers and ensure that the interests of the customers are protected. The security Trustee will have a charge on the gold associated with accumulations held by the customers.


    • Related Articles

    • How can I Buy GOLD on 5paisa?

      To buy Digital Gold on 5paisa you need to visit Buy Gold on 5Paisa App or visit https://digitalgold.5pinvest.com/ Follow the below steps: You can see Live Gold Price (current buying price) per gram  You can decide the number of grams or amount of ...
    • What is digital gold?

      Digital gold is a virtual method of buying and investing in yellow metal without having to physically hold the gold. You can buy it online through 5Paisa App or website. To buy Digital Gold on 5paisa you need to visit Buy Gold on 5Paisa App or visit ...
    • What is the minimum amount needed to buy gold?

      The minimum amount of purchase is ₹50. There is no limit on the maximum amount of gold that can be purchased. However, KYC is to be done for digital gold purchases above ₹2 lakh.
    • How is digital gold investment better than other forms of gold investment?

      Investing in digital gold has the following perks then the other forms of gold investments- You can take physical delivery of the gold to your doorstep. You can invest an amount as low as ₹50 Digital Gold can be used as collateral for online loans. ...
    • 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, ...