What is Gold Pro ?
Gold Pro is a gold leasing scheme offered in partnership with Fello and Augmont (India's largest gold retailer). It allows users to securely lease their...
Fri, 6 Oct, 2023 at 5:00 PM
Who can invest in Gold Pro?
Any individual over 18 years with a valid PAN card and an active bank account can lease their digital gold on Gold Pro.
Fri, 6 Oct, 2023 at 5:00 PM
How much can you invest in Gold Pro?
The minimum quantity required for Gold Pro is 2 grams, while the maximum quantity that can be bought is 10 grams, in a single transaction.
Fri, 6 Oct, 2023 at 5:01 PM
Is there a lock-in period for Gold Pro investment?
Yes, there is a lock-in period of 7 days for Gold Pro investments.
Fri, 6 Oct, 2023 at 5:02 PM
Are there any tax implications for Gold Pro investment?
There are no tax implications, however, a GST of 3% will be applied when purchasing of gold, since gold is a taxable commodity
Fri, 6 Oct, 2023 at 5:03 PM
How can I unlease my gold from Gold Pro ?
Here are the steps to unlease your gold from Gold Pro: - Access the 'Digital Gold' section in the app. - Navigate to 'transactions' and sel...
Fri, 6 Oct, 2023 at 5:06 PM
Will I get returns of 4.5% if I unlease gold before maturity ?
If you choose to unlease your digital gold before maturity, the returns will not be 4.5%. Instead, your returns will be proportional to the number of days y...
Fri, 6 Oct, 2023 at 5:08 PM
What is the interest rate for Gold Pro ?
Gold Pro provides an interest rate of 2.75% (from the time you invest) plus an additional 1.75%  (after 6 months) on the leased gold. The interest is calcu...
Fri, 6 Oct, 2023 at 5:09 PM
How will I get updates on my Gold Pro investments ?
Kindly check for the below steps to know about your investment :  - Go to the 'digital gold' section in the app. - Check your total digital gold...
Fri, 6 Oct, 2023 at 5:12 PM