2. Accumulate in the locker: Customers can choose to place an order for accumulating Gold in the locker provided by the partners by making a payment on the PhonePe platform. They can do that over a single transaction or continue accumulating over multiple transactions. Post accumulation of Gold, a customer has the following options:
a. Opt for delivery: Whenever a customer chooses, they can request for delivery of their Gold by paying a small minting and delivery charge
b. Sell without delivery: The customer can choose to sell the accumulated Gold digitally, without needing to have it delivered. Gold will be sold back to the partner at live sell rates and proceeds from the sale will be credited back to the customer’s bank account within 48 hours.
There are multiple reasons why we buy Gold. Some of us buy Gold to build our savings with small purchases worth Rs. 100, 1,000 or more, while others invest in it for achieving their financial goals, yet many others buy it to mark a family celebration. Whatever the reason, Gold is perhaps one of our oldest traditions, and now it’s available on everyone’s fingertips!