5 BEST AUGMONT
ALTERNATIVES
Augmont powers 250+ apps. But its own app has wide spreads, dated UX, and no LBMA. Here are 5 consumer-focused alternatives — including one built on the same gold.
WHY PEOPLE LOOK FOR AUGMONT ALTERNATIVES
~3–5% on their direct platform. Partner apps using the same gold often get tighter rates. More gold per rupee elsewhere.
~3.8 rating. Clunky, crashes, outdated design. B2B company DNA — consumer app is an afterthought.
Augmont is NOT LBMA accredited. MMTC-PAMP (OroPocket) is India's only LBMA refinery. A meaningful trust gap.
Zero additional yield. OroPocket gives up to 5% Bitcoin cashback on the same Augmont + MMTC-PAMP gold.
B2B infrastructure DNA = zero consumer engagement. No streaks, milestones, or habit-building features.
Minimal consumer tools. No calculators, SIP planners, rate trackers, or educational content for investors.
THE 5 BEST AUGMONT ALTERNATIVES
- +MMTC-PAMP (LBMA) + Augmont dual custody
- +Up to 5% Bitcoin cashback on every gold/silver purchase
- +Gold + Silver + Bitcoin in one app
- +Deep gamification — streaks, milestones, spin-to-win
- +50+ free calculators and investment tools
- +Competitive spreads (vs Augmont's 3–5%)
- −Smaller brand than Augmont's B2B network
- −No jewelry e-commerce section
- −No corporate gifting program
- +Round-up automation: spare change from UPI goes to gold
- +10M+ users — largest dedicated gold saving app
- +Simple, addictive saving mechanic
- +Physical delivery available
- −Uses SafeGold, not Augmont or MMTC-PAMP
- −No Bitcoin cashback
- −No silver — gold only
- −No investment tools or calculators
- +MMTC-PAMP + Augmont as gold providers
- +Embedded in Google Pay — no new app
- +Google brand trust
- +Start from ₹1
- −No Bitcoin cashback, no silver
- −No SIP — must buy manually
- −No gamification for gold
- −Google product — risk of deprecation
- +Augmont / MMTC-PAMP as gold providers
- +Large user base — Paytm ecosystem
- +Gold SIP available
- +Silver also available (limited)
- −No Bitcoin cashback
- −Paytm's financial troubles affect trust
- −Gold buried in super-app
- −No meaningful gamification for gold
- +Daily saving features drive consistency
- +Simple, clean interface for beginners
- +Good for first-time gold investors
- +Physical delivery available
- −Uses SafeGold, not Augmont or MMTC-PAMP
- −No Bitcoin cashback
- −No silver — gold only
- −Smaller feature set
SIDE-BY-SIDE COMPARISON
| Feature | OroPocket | Jar | GPay Gold | Paytm Gold | Gullak |
|---|---|---|---|---|---|
| LBMA custody | ✅ MMTC-PAMP | ❌ | ✅ MMTC-PAMP | ✅/❌ Mixed | ❌ |
| Uses Augmont | ✅ | ❌ SafeGold | ✅ | ✅ | ❌ SafeGold |
| BTC cashback | ✅ Up to 5% | ❌ | ❌ | ❌ | ❌ |
| Silver | ✅ | ❌ | ❌ | ✅ (limited) | ❌ |
| Gamification | ✅ Deep | ✅ Basic | ❌ | ❌ | ✅ Basic |
| Free tools | 50+ | ❌ | ❌ | ❌ | ❌ |
| SIP | ✅ From ₹1 | ✅ | ❌ | ✅ | ✅ |
| Round-ups | ❌ | ✅ | ❌ | ❌ | ❌ |
| Physical delivery | ✅ | ✅ | ✅ | ✅ | ✅ |
| App focus | Investing | Gold saving | Payments | Payments | Gold saving |
WHICH SHOULD YOU CHOOSE?
Augmont + MMTC-PAMP custody, Bitcoin cashback, silver, gamification, 50+ tools. The complete package.
Best round-up automation. Uses SafeGold (not Augmont). Simple and effective for passive saving.
Both use MMTC-PAMP (India's only LBMA refinery). OroPocket adds Bitcoin cashback, silver, and gamification.
The only app with up to 5% Bitcoin cashback. Works on both MMTC-PAMP and Augmont gold.
Gold and silver from ₹1, MMTC-PAMP + Augmont custody, same SIP, same Bitcoin cashback.
Augmont's jewelry e-commerce and gold-to-jewelry conversion are genuinely unique. For jewelry, Augmont is still best.
FREQUENTLY ASKED QUESTIONS
OroPocket is the best Augmont alternative — and it uses Augmont as one of its custodians alongside MMTC-PAMP (LBMA-accredited). Same gold, plus Bitcoin cashback, gamification, 50+ tools, and competitive spreads. For passive saving, Jar is worth considering.
OroPocket, Google Pay Gold, PhonePe Gold, Amazon Pay Gold, Paytm Gold, Bajaj Finserv, and 250+ other apps use Augmont. You can get Augmont gold through many apps — the question is which gives you the best consumer experience and value on top.
Yes. Augmont is a legitimate refinery with 250+ B2B partners, insured Brink's vault storage, and BIS hallmarked products. However, Augmont is NOT LBMA accredited (unlike MMTC-PAMP). OroPocket provides both Augmont and MMTC-PAMP custody for the strongest trust foundation.
OroPocket and Google Pay Gold use MMTC-PAMP (India's only LBMA-accredited refinery) as a gold provider. Augmont's direct platform does NOT have LBMA accreditation. LBMA Good Delivery is the global gold standard for bullion quality and trust.
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