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Augmont Gold For All Registered Turnover of 100 Cr in Gold Loans

Surging past pre-pandemic years, 2021 saw a six-year high in gold consumption and digital gold saving skyrocketed, playing a vital role. And this year’s turnover of Augmont’s gold loans comes as a positive sign that reflects the growth wave the brand is riding on.

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The rapid advancement of technology has fueled a high pace of change in the digital world, where people are availing gold loans online from the comfort of their homes. And with this trend gathering momentum at a higher pace, India’s No.1 Gold Platform, Augmont Gold For All has recorded a turnover of over 100 crore gold loans in their first year.

Augmont is a completely integrated gold players from refining to retailing. Its platform Gold For All provides all products related to gold. Augmont has NABL accreditation, BIS Hallmark and IDBI Trusteeship which means quality assurance and no risk for customers. Augmont is ranked amongst the Top 150 unlisted companies in India by Dun & Bradstreet in 2021.

Customers of Augmont are able to buy and sell gold. They can even avail loans against their gold jewelry. In the fast-moving technological age, the goldtech company has increased their presence in pan-India, giving their customers a consistent experience whenever and wherever they need it. This will spur digital usage for hassle-free implementation of buying & selling gold and silver.

Surging past pre-pandemic years, 2021 saw a six-year high in gold consumption and digital gold saving skyrocketed, playing a vital role. And this year’s turnover of Augmont’s gold loans comes as a positive sign that reflects the growth wave the brand is riding on.

Augmont has won multiple awards over the years for their product innovation design and service.

Their key achievements and awards are as follows:

–      2020-2021 & 2019-2020

Promising Refiner of The Year at the India Gold Conference Excellence Award.

–      2017-2018

Best Gold Dealer and Seller in India awarded by Bullion Federation Global Convention

–      2016-2017 & 2015-2016

Best Gold Bullion Dealer in India awarded by India International Gold Convention

–      2015-2016

Best Bullion Dealer In Gold Coins in India awarded by India Bullion And Jewellers Association (IBJA)

Sachin Kothari, Director of Augmont, said, “There is a lot of innovation in what we have done. After 2 years of disruption, it is heartening and overwhelming to see the kind of response we have received from our customers. By 2023, Augmont is aiming to expand with over 150+ touch points to service the gold loan requirements of the customers in Tier 2 and Tier 3 cities with door step services. We are delighted to continue serving gold buyers across India and provide them with the right kind of affordable solution.”

With its groundbreaking products like EMI Gold, Gold SIP, GOLD FD and many more, they have made their mark as the leading gold platform. They are also the largest creator and redeemer of gold exchange traded fund (ETF) units in India on all gold ETF schemes. They are among India’s most reputed bullion companies with deep inroads in the close-knit jeweler community.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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