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Buy Gold Coin Online HDFC: A Smart Way to Invest in Gold

Gold is one of the most popular and valuable assets in India. It is not only a symbol of wealth and prosperity, but also a hedge against inflation and currency fluctuations. However, buying physical gold comes with many challenges such as high making charges, purity issues, storage costs and security risks. That’s why many investors are opting for digital gold, which is a convenient and cost-effective way to invest in gold online.

Digital gold is a form of gold investment where you can buy, sell and store gold in digital form. You can buy gold coins or bars of any denomination and purity from the comfort of your home or office. You can also track the live price of gold and sell your gold anytime you want. The best part is that you don’t have to worry about the safety and quality of your gold as it is stored in secure vaults by reputed custodians.

One of the platforms that offer digital gold investment is HDFC Bank. HDFC Bank has partnered with MMTC-PAMP, India’s leader in digital gold, to provide you with a hassle-free and transparent way to buy gold online. MMTC-PAMP is a joint venture between MMTC Ltd., India’s largest public sector trading company, and PAMP SA, Switzerland’s leading bullion brand. MMTC-PAMP is accredited by the London Bullion Market Association (LBMA), which is the global standard for gold purity and quality.

When you buy gold coin online HDFC, you get the following benefits:

• You can buy 24K 999.9 purest gold coins or bars starting from as low as 1 gram.
• You can choose from a variety of designs such as Lotus, Ganesha, Lakshmi, Rose, King etc.
• You can pay through your HDFC Bank account or debit card or credit card or net banking.
• You can get your gold delivered to your doorstep or redeem it for physical gold at any MMTC-PAMP authorized outlet.
• You can access your gold account anytime through HDFC Bank NetBanking or MobileBanking app.
• You can enjoy competitive pricing and low transaction charges.

Buying gold coin online HDFC is a smart way to invest in gold as it gives you the flexibility, convenience and security that physical gold cannot offer. You can also diversify your portfolio and benefit from the long-term appreciation of gold. So, what are you waiting for? Start investing in digital gold today and change the way you buy gold.

How to Buy Gold Coin Online HDFC?

Buying gold coin online HDFC is very simple and easy. You just need to follow these steps:

1. Log in to your HDFC Bank NetBanking or MobileBanking app and select the option of ‘Buy Gold’.
2. Choose the amount of gold you want to buy in grams or rupees. You can also select the design of your gold coin or bar.
3. Review the details of your purchase and confirm the payment through your HDFC Bank account or debit card or credit card or net banking.
4. You will receive a confirmation message and an email with your gold account details.
5. You can view your gold balance and transactions anytime through your HDFC Bank NetBanking or MobileBanking app.

How to Sell or Redeem Gold Coin Online HDFC?

If you want to sell or redeem your gold coin online HDFC, you can do so anytime with these steps:

1. Log in to your HDFC Bank NetBanking or MobileBanking app and select the option of ‘Sell Gold’.
2. Choose the amount of gold you want to sell in grams or rupees. You can also select the mode of payment such as bank transfer or wallet transfer.
3. Review the details of your sale and confirm the transaction.
4. You will receive a confirmation message and an email with your updated gold account details.
5. If you want to redeem your gold for physical gold, you can visit any MMTC-PAMP authorized outlet and show your redemption code and identity proof. You can also request for home delivery of your gold by paying a nominal charge.

What are the Benefits of Digital Gold?

Digital gold has many benefits over physical gold, such as:

• Convenient and instant purchase/sale: You can buy or sell digital gold anytime and anywhere with just a few clicks. You don’t have to visit any jewellery store or gold dealer and deal with their timings and availability.
• Purchases in bite-sized quantities: You can start investing in digital gold with as low as one rupee. You don’t have to buy a minimum quantity of gold or worry about breaking a large coin or bar.
• No making charges: Unlike physical gold jewellery or coins/bars, digital gold does not involve any making charges. You only pay for the actual value of gold based on the live market price.
• No hassle of storing physical gold: Digital gold is stored in secure vaults by MMTC-PAMP on your behalf. You don’t have to bear the cost and risk of storing physical gold in lockers or at home.
• Assurance on the purity of the gold: Digital gold is 24K 999.9 purest gold certified by government-licensed agencies. You don’t have to worry about the quality or authenticity of your gold as it is backed by MMTC-PAMP’s reputation and accreditation by LBMA.
• Highly liquid: You can easily buy or sell digital gold anytime and anywhere. You can also redeem it for physical gold at any MMTC-PAMP authorized outlet or get it delivered to your doorstep.

Digital gold is a smart way to invest in gold as it gives you the flexibility, convenience and security that physical gold cannot offer. You can also diversify your portfolio and benefit from the long-term appreciation of gold. So, what are you waiting for? Start investing in digital gold today and change the way you buy gold.