I am writing towards my worst expierence with PAYTM Gold.After hearing lot of adds on news channel, newspaper n reviews on paytm app I have planed to invest Rs 2000 in paytm gold for earning purpose.Its around 1 month no increase in my money.In actual rate per gram showing in app high but while on sale of existing stock its showing low rate per gram .This should be same in both case but it’s not.
The second negative point each time when u want to transfer money to bank they charge fees of Rs 10.
That means PAYTM runs this as per there own term and conditions not as per market conditions.
After 1 month my value of gold is showing Rs 1950.This is case of low investment n imazine if you invest more money in paytm gold what will be the value of your hard earn money .This is very frustating , now they are taking advantage of there goodwill in market for making fool to the public.
Now recently I have withdraw my money from paytm with the loss Rs 90. So if you are planning to invest in gold go to the market n purchase it rather than investing online through PAYTM.