Terms & Conditions×
1. Gold booked in DigiGold24 is of 24K purity (99.9%)
2. Minimum order value is Rs 100 and Maximum value is Rs 50000 per transaction. However, your maximum holding per account is Rs 500000. No cap on the frequency of investment. However, when your holding exceeds Rs 200000, it is mandatory to upload your Pancard.
3. Gold amount collected digitally is in the form of \\\"Advance against Purchases\\\" which is settled at the time of redemption or within a period of 12 months.
4. This plan is valid for 11 months from the date of first order. On completion of the statutory period, you can redeem your accrued bookings against any purchase of Jewellery or Gold Coins either online or physically at our store. However, under no circumstances cash will be refunded.
5. Mohan Jewellery will hold the gold as an advance till a customer redeems against purchase as per the terms of the plan.
6. On completion of 11 months, if a customer fails to redeem, Mohan Jewellery will invoice for Gold Coins in the name of the customer on completion of 12 month period (1 month grace from 11th month) from the date of the first advance and the delivery can be taken by the customer as per their convenience.
7. All purchases made through these plans are entitled to 100% discount on Labour, Wastage and other Value Addition charges. However, the discount is applicable only to the extent of proportion of gold accumulated in the plan. In other words, at the time of redemption when a customer purchases jewellery in excess of the accumulated gold weight, the Labour, Wastage and other Value Addition charges are applicable to the excess weight.
8. Gold Jewellery/Coins purchased by redemption of DigiGold24 are subjected to GST.
9. In case of pre-closure within 6 months, discounts and other offers which are part of the scheme will not apply. However, any pre-closure after 6 months, 50% discount will be provided on Labour, Wastage and other Value Addition charges.
10. Any disputes regarding the scheme will be settled under Chennai jurisdiction.
WHAT IS DigiGold24 ?
Our DigiGold24, a newGEN SMART investment platform is the most easiest and customer-friendly way of purchasing 24K (99.9% Purity) Gold. It offers you a lot of freedom and flexibility to invest in gold at any time, any quantity and at any frequency of your choosing. DigiGold24 allows you to take advantage of investing when the gold prices are at its lowest. You could start investing in gold from as low as Rs 100. After completion of 11 months you can redeem the Accumulated Gold against Jewellery or Gold Coins either Online or Physically at our Store. All transactions are made through our trusted payment gateway partners like RazorPay and CashFree. To view your Holdings/Transactions/Balance log into your account.