PensionBox BlogsHow to buy and withdraw digital gold with PensionBox

How to buy and withdraw digital gold with PensionBox

03 Dec 20243 min read
Written By
Vaishnavi Verma
Vaishnavi Verma
PensionBox

In this era of digital revolution, where even gold investments have taken a modern twist! Digital gold offers a hassle-free way to invest in this precious metal without dealing with physical gold. In this blog, let’s guide you through the simple steps of buying and withdrawing digital gold in India, making it easy for all to step into the world of gold investments.

What is Digital Gold

Digital gold is like having a virtual piece of gold that you can buy or sell online. It's as similar to physical gold stored securely, giving you the benefits of gold investment without worrying about any security or purity issues.

Step 1: Get Yourself a Reliable Platform

The first step while investing in digital gold is picking a trustworthy platform. PensionBox being India’s First Fastest & Smartest Digital Pension Platform, offers you digital gold with a seamless digital experience and transparent pricing, with your privacy at paramount.

Step 2: Sign Up and Verify:

Once at PensionBox, Sign up to create your account in only a few minutes. Why do we need your details to open your account? Well, don't worry; it's to keep your transactions safe!

PS: To know more about your safety & regulatory charges with PensionBox, read here!

Step 3: Explore & Purchase

  • Once your account is ready, go to the Dashboard and scroll a bit to find "Retirement & Pension Products." There, you'll see the option to Invest in Digital Gold. Tap on "Invest Now."
  • We've made it easier for you to understand how digital gold investment works on the next page. At the bottom right corner, tap on "Invest Now" again.
  • On the next screen, choose "Digital Gold" from the drop-down menu, enter the amount you want, and click "Proceed."
  • You'll see a breakdown of charges to keep things clear.
  • Go ahead, make that gold yours by proceeding with the payment! We offer the convenience of payment through UPI for your ease.

Benefits of Buying Digital Gold:

1. Accessibility:

Buying & withdrawing gold with just a few clicks from anywhere, anytime..

2. Fractional Ownership:

You can buy gold in smaller amounts, making it affordable for everyone.

3. No Security Worries:

Digital gold eliminates the need for physical storage and security concerns.

4. Transparency:

PensionBox provides you with real-time updates on gold prices, ensuring transparency in your each investment.

5. Flexibility:

Buying or withdrawing digital gold is made easy at any time, providing liquidity to your investment.

Withdrawing Digital Gold:

Withdrawing digital gold is as easy as buying it. Follow these steps when you're ready to cash out or to take profits:

  • In the PensionBox app, go to the bottom toolbar on your Dashboard.
  • Click on "Withdraw." On the next page, choose "Withdraw Savings."
  • From the drop-down menu, pick "Digital Gold."
  • Enter the amount you want to withdraw, check the bank details for fund transfer, and tap on "Withdraw."
  • You'll see a breakdown of the pricing—click "Next" and wait for the withdrawal to complete.

Buying and withdrawing digital gold in India has become a simple and accessible process, opening new doors for investors. With convenience, accessibility, and flexibility, digital gold is an excellent option for those starting their journey into gold investment. Happy investing!

You find the blog helpful, spread it among your peers
If you find anything to share regarding this specific blog, write us here
support@pensionbox.in
Published By
PensionBox

Related articles

What is NPS
The National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme that enables subscribers to make the best decisions for their future by making systematic savings throughout their working lives. NPS aims to instil in citizens the habit of saving for retirement. It is an attempt to find a long-term solution to the problem of providing adequate retirement income to every Indian citizen.
05 Sep 2026
All you need to know about Withdrawal in NPS
The Government of India established the National Pension Scheme (NPS) to provide citizens with a secure future after retirement. It is usually observed that participation in a scheme is frequently easier than exiting a scheme. That's not the case with the National Pension Plan, which offers various withdrawal choices.
05 Sep 2026
5 investment products you must invest in now to plan your Retirement.
Old age is a bittersweet path and to make life easy, one must plan their retirement to lead a relaxed life.
05 Sep 2026
Withdrawal in Provident Fund
Employees' Provident Fund (EPF), is a mandatory savings and retirement scheme for eligible employees. Employees can rely on the fund's corpus after they retire.
05 Sep 2026
Frequently asked questions
PensionBox is India’s first pension platform/app that helps you access, invest in, and track your NPS and other pension products with better user experience & minimum charges.

PensionBox simplifies the National Pension System(NPS), the government's pension scheme for private employees both for retail users and HRs/companies.

If you don’t have an NPS account, you can simply open your pension account within 2 minutes and if you have NPS PRAN already, you will be able track, invest and manage everything free of charge with best user experience.
Absolutely. PensionBox is fully ISO 27001 compliant with the Pension Fund Regulatory and Development Authority (PFRDA), the government body that regulates pensions in India.

We never touch or hold your money directly, your investments go safely to your chosen pension fund through approved channels.

We are built with Zerodha as POP , ensuring transparency, data security, and peace of mind. Your retirement savings are protected by regulation and secured by technology.
Banks/POPs charges high fees on account opening & every investment Even CRA apps have hidden charges/low transparency & lack timely support Pension Funds restrict pension fund choice & selection to themselves.

That’s why, PensionBox brings transparency, zero charges, timely support and freedom to select any pension fund so that you get the best experience investing in NPS & be better future ready.

That’s not it, we help you & your company together to maximise contribution and tax savings with minimal charges & best user experience.
It’s super easy to use PensionBox, just start by signing up using your browser on laptop/mobile or downloading the app on appstore or playstore.

If you are an existing zerodha user then you get a fast login or sign up using kite ID.

Once you are onboarded with kite ID, you get free access to
  • Open NPS in 2 minutes
  • Track existing NPS
  • POP shift or CRA shifting
  • Invest in one time or create SIP in NPS
  • Withdraw NPS requests & instant withdraw tier 2
  • Create your dream retirement plan
  • Open NPS Vatsalya for your kid
  • Share with HR (To unlock more tax benefits)
Tax Benefits in New Tax Regime
  • Employer Contribution:
    • Contributions made by your employer to your NPS account are tax-free up to 14% of your basic salary under Section 80CCD(2). Do connect us with your HR to enable this for you.
    Tax Benefits in Old Tax Regime
  • Self-Contribution:
    • Deduction up to ₹1.5 lakh under Section 80C.
    • Additional deduction of ₹50,000 under Section 80CCD(1B) — exclusive to NPS investments!
    • This allows you to claim a total deduction of up to ₹2 lakh every year on your NPS contributions.
  • Employer Contribution:
    • Contributions made by your employer to your NPS account are tax-free up to 10% of your basic salary (Basic + DA) under Section 80CCD(2). Do connect us with your HR to enable this for you.
    • This is over and above your personal deduction limits, giving you extra tax efficiency.
We understand NPS can be confusing, complex and there is a lot of information out there to believe in. Don’t worry, our team is here to help you with the right information.

Feel free to book a free call to learn more about NPS, NPS Vatsalya, Corporate NPS & PensionBox or contact the support team.
Copyright ©2026 PensionBox, All rights reserved.