How to Check Gold Balance on Paytm: Step-by-Step Guide

byDilip PrasadLast Updated: May 21, 2025

If you've ever wondered how to check your gold balance on Paytm, this guide has all that you need. Your gold is conveniently accessible, secure, and visible at all times right from the app.

How to invest in digital gold with Paytm

Paytm facilitates investment in digital gold from as little as ₹9. As time goes by, as you keep adding investments, it’s wise to monitor your Paytm gold account balance. Whether you want to check your holdings for investment planning or simply to remain informed, this guide will walk you through the Paytm gold balance check steps with just a few taps.

What is Paytm Digital Gold?

Paytm’s digital gold product allows customers to purchase, sell, and hold gold online. The gold that you buy is held safely in your name in insured vaults. It’s a hassle-free, 100% digital substitute for buying physical gold, particularly ideal for micro-investments.

Paytm offers high-quality digital gold. The gold available on Paytm is BIS-certified with a purity of 24k, ensuring authenticity and trust. You can store your digital gold securely in insured vaults for up to 5 years. After the storage period, you will need to either sell your gold or withdraw it in physical form.

To invest in digital gold through the Paytm app, simply log in, select the amount of gold you want to purchase, and make the payment using UPI or net banking. Please note that once your gold purchase is confirmed, it cannot be cancelled or refunded.

How is the Gold Buying Price Determined on Paytm?

The gold buying price on Paytm is determined by the international bullion markets. The price is set based on various market factors, ensuring it reflects current global trends.

Please note, the buy price & the sell price usually may have some difference.

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Gold Balance Check on Paytm App

To invest your money wisely, it’s important to understand how to check your Paytm gold balance. Here are the steps you can do in a few easy taps:

Step 1: Open the Paytm App

Make sure you’re logged in with your registered mobile number.

Step 2: Scroll Down and Tap Save in Gold

  • Tap on ‘Save in Gold’ from the list of services. (If not visible, tap “search bar” and search for ‘Gold’.)

Step 3: View Balance

  • If you are already invested in gold, you will directly land on locker page where you can view your balance in Grams and Rupees. 

Step 4: Check Full Transaction History

  • Scroll further to see every gold transaction — including purchases, redemptions, and transfers.
  • Tap on any entry to view full details such as:
    • Date & time of transaction
    • Quantity bought/sold
    • Value in INR

Why Is Paytm Gold Balance Check Important?

Periodically checking your Paytm digital gold balance assists you in:

  • Monitoring your investment growth
  • Timing your gold buying and selling
  • Making informed choices during market volatility

Whether you are a new investor or a frequent buyer, being aware of your gold balance check process provides you with greater control over your digital assets.

What is the Maximum Storage Period for MMTC-PAMP Gold?

You can store your gold with MMTC-PAMP for up to 5 years from the date of purchase. During this period, your gold will be kept in secure custody. You can sell or withdraw your gold at any time within these five years.

When withdrawing, you can choose from a range of minted products. After the 5 years, you must either sell or take delivery of the gold. For multiple purchases, each transaction has a separate 5-year storage period. If you redeem your gold after the 5-year custody period, additional charges will apply.

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Key Features of Digital Gold on Paytm

  • Convenience: Users can easily buy gold using the Paytm app at any time, making it a flexible investment option. The process is easy: simply log into the app, select the ‘Gold’ option, choose the amount in rupees or grams, and complete the payment using various methods like UPI, net banking, or credit debit card
  • Secure Storage: Once purchased, the gold is stored in insured vaults managed by MMTC-PAMP, eliminating concerns about physical storage and security. There are no storage fees for up to five years, making it a cost-effective solution.
  • Real-Time Pricing: Paytm provides live updates on gold prices, allowing users to make informed decisions about when to buy or sell their gold holdings.
  • Selling Gold: If you wish to sell your digital gold, the process is equally simple. Users can log into the app, select the ‘Sell’ option, and choose to sell their gold for cash or in grams.

Digital Gold vs Physical Gold: Which Gold Investment Option is Right for You?

Gold has always been a trusted and valuable asset, serving as a safe haven for investors. Today, individuals can choose between two popular gold investment options: digital gold and physical gold. Understanding the key differences between digital gold and physical gold is essential for making smart investment decisions.

Physical gold includes traditional forms such as gold jewellery, coins, and bars. It’s a tangible asset that you can physically own, gift, or store at home. It’s widely accepted in the market and can be used for both personal and investment purposes. However, buying physical gold comes with challenges like storage safety, risk of theft, additional making charges (especially in jewellery), and less liquidity when you need to sell.

In contrast, digital gold offers a modern, secure, and convenient way to invest in 24K pure gold online. It allows investors to buy gold online starting from as little as ₹9, making it ideal for small, regular investments. Platforms like Paytm let users buy, sell, or convert digital gold into physical gold anytime. The gold is securely stored in insured vaults, removing the hassle of physical storage and safety concerns.

While digital gold is easy to manage and track, it is important to note that it is not yet regulated by SEBI or RBI. Still, it remains a popular option for tech-savvy and first-time investors due to its flexibility and transparency.

If you’re looking for ease, affordability, and safe storage, digital gold is an excellent choice. If you prefer physical possession or traditional investments, physical gold may be better suited. Ideally, diversifying your portfolio with both forms can offer the best of both worlds—security and growth.

FAQs

What is Paytm digital gold?

Paytm Digital Gold allows you to buy, store, and sell gold electronically without physical possession. The gold available on Paytm is BIS-certified with a purity of 24k, ensuring authenticity and trust, starting from just Rs 9.

What Is the maximum storage period for MMTC-PAMP gold?

You can store gold with MMTC-PAMP for up to 5 years from purchase. After this period, you must either sell or take delivery of your gold.

How is the price of digital gold determined?

The price of digital gold is based on the live market rates of 24K gold, which fluctuate daily depending on global gold prices.

Are there any taxes when I sell my Paytm digital gold?

When you buy gold, a 3% GST is charged. However, there is no tax or GST levied when you sell gold.

Can I get my Paytm gold delivered to my address?

Yes, you can have gold coins delivered to your address in denominations of 1g, 2g, 5g, or 10g. To place an order, ensure your gold holding meets the value of the coin you wish to receive. Additionally, you will need to complete KYC on Paytm Gold before requesting delivery.

Can I modify or cancel my gold delivery order?

Once your gold delivery order is placed, it cannot be modified or cancelled. Additionally, you cannot return or exchange the physical gold once delivered.

How does the price of digital gold compare to physical gold?

The price of digital gold is linked to the market price of physical gold. However, it may include additional charges like GST or platform fees. These are transparent, and users can review them before making any purchase.
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