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Terms and Condition

Terms & Conditions

Welcome to Midas Gold (www.midasgold.co.in). By accessing or using our website and services, you agree to comply with and be bound by the following Terms & Conditions. Please read them carefully before proceeding.

1. Eligibility

You must be an Indian resident aged 18 years or older and capable of entering into a legally binding agreement to use our services.

2. Registration

To use our services, you must register using a valid mobile number. Additional information such as your email ID, Aadhaar, PAN card, and bank account details may be required to verify your identity and comply with legal norms.

3. Investment Terms

Flexible Gold Savings through our platform start from just ₹30.

All savings are converted into 22K gold coins.

Gold weight will be credited to your account based on the prevailing gold price at the time of each payment.

You will receive 5% extra benefit on everytime gold saving.

Customers who complete 10 consecutive monthly savings under the Gold Savings Plan will be eligible for an extra benefit equivalent to 1 month’s savings.

Customers will receive ₹100 worth of gold benefit for each successful referral, applicable only on the referred customer’s first savings payment.

4. Redemption & Delivery

Redemption can be done anytime after 4 months from the date of joining the Gold Savings Plan.

However, extra benefits and referral benefits will be applicable only for customers who complete the full 10-month maturity period.

Upon redemption, only 22K gold coins will be issued.

No cash or alternative gold purity will be provided in place of 22K gold coins.

Delivery will be made to the verified address after confirmation and identity checks.

Upon successful completion of 10 months, you will receive an additional 1-month gold bonus (the lowest monthly saving amount during the 10-month period will be considered for the bonus).

Extra benefits and bonus are applicable only upon redemption after the maturity date.

5. Payment & Security

style="margin-top:5px;"Payments are processed through secure, RBI-compliant third-party payment gateways.

Midas Gold does not store your banking or card information directly.

All transactions are encrypted and protected using secure technology.

6. WhatsApp & Communication

By registering, you agree to receive transactional updates, investment reminders, and offers via SMS, email, and WhatsApp. You may opt out of promotional messages at any time.

7. Data Privacy

Your personal and financial information is handled according to our Privacy Policy. We do not sell or share your data with third parties for marketing purposes.

8. Changes to Plans or Offers

Midas Gold reserves the right to modify its pricing, rewards, bonuses, or terms of the gold savings scheme at any time. Existing users will be notified of such changes in advance where applicable.

9. Termination of Account

Midas Gold reserves the right to suspend or terminate your account if there is any misuse, fraudulent activity, or breach of these Terms.

10. Governing Law

These terms are governed by and construed in accordance with the laws of India. Any disputes arising shall be subject to the jurisdiction of the courts in Chengalpat, India.

If you do not agree with any part of these terms, please do not use our services.

For questions, reach out to us at support@midasgold.co.in.