Skip to main content

How to buy Gold on Google Pay

How to Buy Gold on Google Pay: Step-by-Step Guide

buy gold on google pay

Google Pay is a digital payment app that allows you to pay, transfer, and receive money from friends and family.
    
When you buy or sell gold through Google Pay, you purchase 99.99% pure 24 K gold units from MMTC-PAMP. As you buy gold on Google Pay, it gets stored in a Gold Accumulation Plan (GAP) maintained by MMTC-PAMP where your gold is stored in the physical form till the time you own the gold. Gold purchased or received in your Google Pay account is shown in your Gold Locker. The Gold Locker is a digital representation of your GAP account balance. You can view all your transactions, buy gold or sell gold back to MMTC-PAMP. Gold purchases through MMTC-PAMP are 100% insured, ensuring your gold’s security.

Your Gold Locker is linked to your SIM and phone number. If you change your SIM or phone number, Google will need to verify your identity to restore access to your account.

How to buy gold on Google Pay?

These are the steps you need to know in order to buy gold on Google Pay:
  • Open Google Pay on your phone.
  • Tap on New.
  • Enter "Gold Locker" in search bar and search for that term.
  • Now tap on Gold Locker.
  • Tap on Buy. The current market buying price of gold (including tax) is displayed. The price that is displayed on your screen stays locked for 5 minutes after you begin the purchase, as the buying price changes throughout the day.
Note: Taxes may be different in different areas, based on your postal code.

  • Enter the amount of gold you want to buy, in INR.
  • Click on Checkmark Tick mark.
  • Select your choosen payment method in the window that appears.
  • Click Proceed to pay.
  • After the transaction is confirmed successfully, the gold purchased would appear in your Locker within a few minutes.
In the above post we have told you about how to buy gold on google pay.

Things to Note:

You can buy gold as much as you want there's no overall limit but there's a daily limit of Rs.50,000 that you can buy in a day.
The minimum purchase amount is Rupee 1 of gold. However, GAP accounts that total over ₹49,999 must follow Know Your Customer (KYC) norms before more purchases are allowed.

Recent Posts

Popular posts from this blog

Mohali Water Bill Payment Online, Pay Water Bill Online Mohali

Mohali Water Bill Payment Online, Pay Water Bill Online Mohali Today, the Water Supply and Sanitation Department Minister Tript Rajinder Singh Bajwa launched the service of e-payment of water bills in Mohali. He also launched a one-time settlement scheme by which one can pay the arrears of water bills by paying actual user charges, subject to maximum of Rs 2000. All penalty and late payment charges are waived off in this scheme. Mohali water bill payment online can be done by Consumers on the department’s website made with the hepl of Axis Bank, pbdwss.gov.in, via net banking, debit card, credit card, NEFT and RTGS. Bajwa also initiated another scheme by which illegal water connections can be regularised by paying Rs 1,000 as a one-time fee. Information relating to the water bills like the amount and the last date of payment would be sent through SMS to all consumers. After this scheme of payment of water bill in Mohali is successful, it will soon be introduced in other areas l

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow

Lucknow Jal Sansthan Online Payment, Online Water Bill Payment Lucknow Lucknow Jal Sansthan online Payment is now available from November 2016. To facilitate online payment of water and sewer taxes online, you can use the Lucknow Jal Sansthan's online portal from November. From this month, i.e November onwards, you can use the Lucknow Jal Sansthan online portal to facilitate people to pay their tax dues and arrears online and make e-payments faster without having to reach Jal Sansthan's zonal office for water tax payment. As per Jal Sansthan general manager S K Verma, "The portal facility would be launched initially from zone 8 to see the response and check the portal's performance. Soon, it will be launched across Lucknow." Zone 8 includes colonies on Rae Bareli Road and Sultanpur Road like Vrindavan Yojna, Telibagh, South City, and colonies near PGI, Ruchi, Rashmi and Rajni Khands, Eldeco Udyan II, etc. The Lucknow Jal Sansthan online portal is being ch

Nagarhole National Park Safari Booking Online

Nagarhole National Park Safari Booking Online There is good news for all wildlife enthusiasts and tourists who were appealing to the forest department to introduce online ticket booking system for safari in the Nagarahole national park. All wildlife enthusiasts and tourists wishing and requesting the forest department to begin online ticket booking system for safari in the Nagarahole national park would be happy to know that Nagarhole safari booking online is now active and fully operational. Nagarhole Safari Ticket Booking has been started to bring in more transparency as well as facilitating tourists to plan and book tickets for their safari in advance. It was a demand from the people at large, mostly from Bengaluru, Karnataka and neighbouring states like Kerala and Tamil Nadu who quite often visit the Nagarhole national park to start the online ticket booking system. Nagarhole National Park  Nagarahole (or Nagarhole) name is derived from a windy river named Nagara Ho