How NeoGold Works
Investing in digital gold with NeoGold is simple, secure, and convenient. Here's everything you need to know.
The Process
Investing in digital gold with NeoGold is a simple 4-step process. Here's how it works.
Create an Account
Sign up in under 2 minutes with a simple KYC verification process. All you need is your phone number, email, and basic identity information.
Buy Digital Gold
Purchase 24K digital gold with as little as ₹1. We offer transparent pricing, with live market rates and no hidden fees.
Secure Storage
Your gold is stored in secure, insured vaults and is backed 1:1 by physical gold. We provide 24/7 monitoring and complete transparency.
Sell or Redeem
Sell your gold at any time at current market rates, or request physical delivery in the form of coins or jewelry.
Detailed Guide
Let's break down each step of the process in more detail.
Creating Your Account
Getting started with NeoGold is simple. Our streamlined registration process takes less than 2 minutes.
- Enter your mobile number and verify via OTP
- Provide basic information like name, email, and date of birth
- Complete KYC by submitting your PAN card and Aadhaar details
- Set up your account with a secure password
Buying Digital Gold
Purchasing gold on NeoGold is flexible and transparent. You can buy based on either the amount you want to invest or the weight of gold you want to purchase.
- Enter the amount you wish to invest (minimum ₹1) or the weight of gold (in grams)
- View live market rates that are updated in real-time
- Make payment using UPI, net banking, credit/debit card, or other payment methods
- Receive instant confirmation once your purchase is complete
Secure Storage
Your digital gold is backed by physical 24K gold stored in secure, insured vaults. We take every measure to ensure its safety.
- All gold is 99.9% pure 24K gold with certification
- Stored in high-security vaults managed by trusted custodians
- Fully insured against theft, damage, or loss
- Regular audits and verification to ensure 1:1 backing
Selling or Redeeming
We offer flexible options for liquidating your gold investment or converting it to physical gold.
- Sell your gold at current market rates at any time
- Receive funds directly in your bank account within 24-48 hours
- Request physical delivery in the form of coins or jewelry (minimum 1 gram)
- Track your delivery and receive your physical gold safely at your doorstep
Frequently Asked Questions
Here are answers to some common questions about investing in digital gold with NeoGold.
Is digital gold the same as physical gold?
Digital gold represents ownership of physical gold stored in secure vaults. Each gram of digital gold you purchase is backed by an equivalent amount of 99.9% pure physical gold.
What are the advantages of digital gold over physical gold?
Digital gold offers several advantages: no storage concerns, 100% purity guarantee, no making charges, ability to buy in small amounts, easy liquidity, and transparent pricing.
Is there a minimum investment amount?
You can start investing with as little as ₹1, making gold investment accessible to everyone.
How is the price of gold determined?
The price of gold on NeoGold is based on the international market rate, converted to Indian Rupees, and updated in real-time.
Can I convert my digital gold to physical gold?
Yes, you can request physical delivery of your gold in the form of coins or jewelry. The minimum quantity for conversion is 1 gram.
Start Investing in Digital Gold Today
Join thousands of investors who trust NeoGold for their digital gold investments.