Jewellers in Chandigarh
digigold_navkkar

What Is Digital Gold?

Digital Gold is a simple and transparent gold savings option through which you can buy 24K vault stored physical gold through our website. Your gold is safely stored in a secure vault managed by “Brinks”. You can decide at any time to exchange your digital gold balance for your desired jewellery through Navkkar Jewellers outlet.

What Is Digital Gold?

Digital Gold is a simple and transparent gold savings option through which you can buy 24K vault stored physical gold through our website. Your gold is safely stored in a secure vault managed by “Brinks”. You can decide at any time to exchange your digital gold balance for your desired jewellery through Navkkar Jewellers outlet.

digigold_navkkar

How Digital Gold Works

Login

Create or Log into your account by clicking at buy digital gold. 

Enter Amount

Enter your amount in ₹ starting as low as ₹100 or gold in grams to buy.

Payment

Choose your payment method and select the Card or UPI you’d like to use.

Done

View your gold locker. Your account is updated instantly.

Login

Log into your account and check the current gold selling price.

Enter Amount

Choose to sell any amount of gold that you own, starting at ₹ 1.

Bank Details

Fill in the bank details.

Receive Payment

Your transaction charges will be disclosed in advance, and the rest of your proceeds will be sent to your bank account within 4 working days.

Login

Log into your account and check the current digital gold balance.

Enter Amount

Select physical product as per your choice from Navkkar Jewellers store.

Redeem Digital Gold

Get in touch with the store manager for store redemption

Get Jewellery

Visit our store to get your desired jewellery in exchange for the Digital Gold bought by you without any deductions or wastages.

Frequently Asked Questions

Please refer to below most commonly asked questions with respect to SafeGold

Navkkar Jewellers Digital Gold powered by SafeGold is a safe and transparent platform for buying/selling/exchanging “SafeGold” offered by Digital Gold India Private Limited (“DGIPL”) in compliance with all applicable laws and regulations. Navkkar Jewellers Digital Gold is neither financial product nor a deposit but a method of purchasing gold for your personal needs. Each time you purchase SafeGold from the Platform, Gold will be purchased on your behalf on the basis of clear funds being made available by you for the transaction. Gold in grams up to 4 decimal places shall be credited to your account.

SafeGold is a product of Digital Gold India Private Limited- an institutionally owned company, where the World Gold Council is a minority investor (through World Gold Council (India) Private Limited).

SafeGold offers 24 Karat Gold of 995 fineness (99.5% pure) or higher. SafeGold, sources LBMA or India “good delivery” bars from trusted sources for the digital gold offered to you.

SafeGold offers international grade bullion from institutional suppliers and sells this to consumers. When customers sell gold back to us, we sell it back to institutional participants in the wholesale bullion market, where the buyback rate is lower than the selling rate – this is referred to as the buy-sell spread. In addition to the buy-sell spread in the commercial bullion market, GST is added to the buy price, but it is not levied on any sell transactions. Further, there are charges incurred on the payment gateway, trustee, insurance and custodian fees which also contribute to the difference in buy and sell price.

There is no minimum lock in period- you can make a one-time purchase of SafeGold, without being obligated to make any fixed or periodic payments. You can choose to sell any amount of gold at the live sell price starting with minimum of Rs. 100/- to maximum of the amount of gold that you own.

No, you cannot cancel the purchase order of gold once it has been successfully placed on the platform.

SafeGold provides a live sell price quote. You can choose to sell any amount starting with a minimum of ₹10 to a maximum of the amount of gold that you own. The sell quote may be temporarily unavailable in the unlikely event of a disruption in the bullion market.

SafeGold will provide a live buy-sell quote for you, which will be derived from the wholesale bullion market plus a commission to cover operating costs. The actual purchase price paid by you will always be transparently published so that you have a chance to compare with all other sources before entering into a transaction.

No, you cannot cancel the order once it has been successfully placed on the platform.

In the event of your death, as per the process specifically allowed by DGIPL , and subject to the required due diligence, the title to your gold lying in the vault and your account shall transfer to your legal heir, subject to legal heirs providing valid documents to the satisfaction of DGIPL to prove their heirship.

The gold purchased on your behalf is stored with Brink's the leading safe keeper of precious metals across the world. The gold is insured, both for storage and transit when being delivered to you. Further, IDBI Trusteeship has a charge on all gold stored in the vault in your favour. This ensures that your gold is protected at all times regardless of any external events.

You can exchange your digital gold balance for jewellery offline by visiting your Navkkar Jewellers, and following the process below:

  • Log in to the SafeGold platform and navigate to the Exchange for Jewellery tab.
  • Choose the jewellery product, for which the Navkkar Jewellers will instruct you on the quantity of gold to be transferred (as per the Karat weight of gold in the jeweller product). Eg. You may be asked to transfer 3 gms of 18K gold for a chain.
  • Enter the weight and purity of gold to be transferred. SafeGold shall calculate the weight of Digital Gold Balance to be transferred in terms of 24K (99.5% purity) weight.
  • You will receive an OTP to confirm the transaction
    On verification of the OTP, your digital gold balance shall be transferred to the Navkkar Jewellers.
  • Once you have paid the making charges and completed the payment for the jewellery, your order shall be complete.

If you have purchased Digital Gold through the Navkkar Jewellers, you can only exchange it for jewellery at our store.

Please Call at +91-9814397026

Please raise a ticket or get in touch with SafeGold’s customer service centre, through [email protected] or by calling 8881000800.

SafeGold is neither a Collective Investment Scheme nor a Deposit. Thus, does not fall under the purview of SEBI or RBI, and there is no regulator for this product offering. To ensure that your interest is of foremost importance, a Security Trustee has been appointed for SafeGold. For any grievances specifically in relation to your gold purchase and related transactions, you can approach the Security Trustee.

Jewellers in Chandigarh
Today's 22kt Gold Price ₹4940/- per gm Today's 22kt Gold Price ₹ 4940/- per gm