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Safe Gold
Safe Gold
What will happen to the gold associated with accumulations in my account, in the unlikely event of the SafeGold going into liquidation?
The gold associated with the accumulations in your account is separate from the other assets of the SafeGold. IDBI Trusteeship Services Limited, an independent trustee, acts for and on your behalf. The gold purchased by the Company associated with the accumulations in your accoun...
Who is Digital Gold India Private Limited?
Digital Gold India Private Limited is institutionally owned by InVent Capital with the World Gold Council as a minority investor (through World Gold Council (India) Private Limited). SafeGold is a product of Digital Gold India Private Limited.
Can I have a joint account for this plan?
No, you cannot have a joint account for SafeGold.
How do I sell my gold?
Digital Gold India Private Limited (the "Company") provides a sell price quote on the Freecharge app. You can choose to sell any amount starting with a minimum of Re. 1 to a maximum of the amount of gold that you own. The sell quote may be temporarily unavailable in the unlikely...
Is there any lock-in period for this plan?
No, there is no lock-in period from the date of purchase. You can choose to sell any amount of gold at the live sell price starting with a minimum of Re. 1/- to the maximum of the amount of gold that you own,but for security reasons the gold can be sold only 72hrs after purchase.
What is the eligibility or criteria to purchase SafeGold?
Any Indian resident can enroll for SafeGold.
What is the Purity of Gold offered by SafeGold?
Safegold offers 24 Karat Gold of 995 fineness (99.5% pure).
What is the role of the Security Trustee?
SafeGold has entered into a relationship with IDBI Trusteeship Services Limited to act as a Security Trustee for all our customers. The Security Trustee is entitled to act on your behalf and ensure that your interests are protected. The Security Trustee will have a charge on the...
Is the gold associated with my accumulations kept in safe custody?
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 favo...
What is the minimum and maximum amount for this plan?
The minimum amount of purchase is Rs. 100 and for maximum purchase there is no limit set
