Terms & Conditions
  • If you already have a Gold Accumulation Plan Account (GAP) with required Gold seller (MMTC-PAMP or Augmont), Gold will be credited in that account otherwise a new GAP account will be created for you, based on purity of Goldback needs to be processed.
  • GAP accounts are offered and created by our Gold sellers (MMTC-PAMP for 24k 99.99% Purity Gold & Augmont for 24k 99.90% Purity Gold), our partners for Paytm Gold.
  • Successful application of Goldback promo code would authorize Paytm to place an order for you with required Gold seller for the promotional amount due to you as Cashback. The invoice of such an order would bear your name and would be useful for tax purposes.
  • If Pin Code is already provided in the GAP account then that will be used otherwise the new account would assume a Pin Code - 122103 for MMTC-PAMP’s GAP account and 400003 for Augmont’s GAP account. These are based on Gold seller’s location.
  • 3% GST would be applicable on the Purchase of Paytm Gold on your behalf and would be paid from the cashback amount due to you.
  • In case you want to sell your Gold, you will have to provide your bank account number to which funds can be credited.
  • In case the Gold can’t be credited to your account due to KYC or any other reason, Paytm will credit Cashback in your Paytm wallet in case of such failures.
  • The price of gold used is the Buy price plus applicable taxes at the time of credit of Gold to your account and not the transaction time.
  • Buy Price of Gold can be different from the Sell Price of Gold and Paytm is not liable for price difference and price movements of your Gold
  • Gold will be credited within 24-48 hours of a successful transaction.
  • In case of any cancellations and returns of your order, value of Gold as per the promotional campaign amount would be adjusted from the refund amount, if any. Gold bought on your behalf under this scheme would not be returned or refunded.
  • Gold transaction can be seen under ‘Gold Passbook’ when you click on Gold icon on Paytm App and visit ‘Locker’. Please upgrade to latest Android App version first
  • For details and FAQ on Paytm gold please visit
  • For additional T&Cs please visit