Description
what is gold exchange?
Gold leasing is a method by which you can lease your gold
metal (held through digital platforms i.e. Gold Exchange), to
jewellers and ornament manufacturers (Lessee), who will
utilise the gold metal as part of their working capital. As per a
fixed term, the Lessee will return your metal along with a
lease rental payment. In concept, this is not very different
from you owning an asset like a house or a car and renting it
out to another user who pays a rental for using your asset.
All parts of the lease are denominated and carried out in
grams of physical gold.
How it works
Gold Exchange
Leasing Gold
Lease your gold to screened and verified jewellers via Gold Exchange.
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Yield accrues
Yield accrues every day, as the jeweller starts paying back the lease
Profit
Your leased gold is returned with capital and profit.
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DigiGold
All yield is credited to your DigiGold Or JAR account in the form of gold
ABOUT THE Gold Exchange
Gold Exchange is the largest digital gold platform in India,
enabling 20 million+ retail customers to accumulate savings in
gold. Our new product - Gains by Gold Farming - uses the
foundation of retail digital gold savings to provide a way for
individuals to lease their gold to jewellers and earn a yield.
Our aim will be to then extend this further, collecting idle
household gold, for which a customer would exchange for an
equivalent amount of digital gold, to be invested in this product.
Hurry to invest
What are the minimum and maximum amounts that can be committed?
The minimum commitment required is 1 gm and the maximum limit is 100 gms
Are there any tax deductions on my gold lease yields?
Yes, there is 5% tax deduction on your gold yields