One thing that sets digital gold apart from purely financial gold products is that you can actually convert it into something you can hold. Here's how redeeming your RamMudra™ digital gold for physical 24K gold coins works, from the minimum quantity to what it costs and how long it takes.
Can I convert digital gold into physical gold?
Yes. RamMudra™ allows you to redeem eligible digital gold holdings for physical 24K gold coins with 99.99% purity.
Can I redeem digital gold for gold coins?
Yes. You can redeem your digital gold for physical 24K gold coins in available denominations.
What purity are RamMudra™ gold coins?
RamMudra™ offers 24K gold coins with 999.9 fineness (99.99% purity).
How much digital gold do I need to redeem physical gold?
Physical gold redemption starts from 1 gram. If your digital balance is slightly below a denomination, you can pay the difference to make up the full amount, for example, if you own 0.4 grams of digital gold, you can pay for the remaining 0.6 grams and redeem the full 1 gram as a physical gold coin.
Are there charges for physical gold redemption?
Redemption involves making and delivery charges, based on the coin denomination you choose.
How long does physical gold delivery take?
Delivery timelines vary by location.
Can I redeem only part of my digital gold?
Yes. You can redeem eligible quantities through available coin denominations of 1 gram, 2 grams, 5 grams, 10 grams and 20 grams, you don't need to redeem your full holding at once.
Are RamMudra™ gold coins securely packaged?
Yes. RamMudra™'s physical gold coins are provided in tamper-proof packaging.
The takeaway
Redemption is what makes RamMudra™ more than a purely financial gold product: any holding of 1 gram or more (with top-up if needed) can become a real, tamper-proof-packaged 24K coin, in denominations from 1g to 20g. The making and delivery charges, and exact delivery timelines, are indicated on the RamMudra™ app.
