Frequently Asked Questions

OroPocket is an Indian app to buy 24K digital gold and silver starting from just ₹1. Every purchase earns you up to 5% Bitcoin cashback. Your gold and silver are 100% asset-backed, insured, and stored in secure vaults, and you can buy, sell, or set up a SIP anytime from your phone.

Yes. Every gram you buy is backed 1:1 by real 24K (99.9% purity) gold sourced from MMTC-PAMP (a Government of India joint venture, LBMA-accredited) and Augmont. The physical metal is kept in fully insured, professionally managed vaults, so your holding is always backed by allocated physical gold, not an IOU.

You can start with as little as ₹1. There is no lock-in and no minimum balance, so you can buy gold or silver in tiny amounts whenever you want and build your holding gradually.

Every time you buy gold or silver on OroPocket, you earn up to 5% of the value back in Bitcoin. It is a free reward on top of your metal — a second asset class that builds up automatically alongside your gold and silver, at no extra cost to you.

There are zero making charges on digital gold and silver (unlike physical jewellery, which can add 8–25%). OroPocket keeps costs low with a small transparent spread and fee on transactions, and there are no annual holding or storage charges to keep your metal.

A Gold SIP (Systematic Investment Plan) lets you auto-invest a fixed amount into gold daily, weekly, or monthly — from as little as ₹1 per instalment. It averages your buying price over time and earns Bitcoin cashback on every instalment. You can set one up in the app in under a minute.

Yes. Your gold and silver are fully liquid 24/7 — you can sell back to OroPocket at live market prices any time of day, any day of the week, and receive the money in your bank account. There is no lock-in period.

Yes. You can convert your digital gold and silver into physical coins or bullion and have them delivered, or redeem for jewellery through partner channels. Until you choose to, your metal stays safely stored and insured in the vault at no storage cost.

You can explore and start with minimal details, and full KYC (as required under Indian regulations) is a quick in-app process needed for larger transactions, withdrawals, and physical delivery. It only takes a few minutes with your standard ID documents.

Since the 2024 Budget, gains on digital gold held for more than 24 months are taxed as long-term capital gains at 12.5%; gains on gold sold within 24 months are added to your income and taxed at your slab rate. GST of 3% applies at the time of purchase. OroPocket also offers free tax calculators to help you estimate this.

Both. OroPocket lets you buy 24K digital gold and 99.9% pure digital silver from ₹1, with the same insured storage, instant liquidity, and Bitcoin cashback on every purchase.

OroPocket sources gold from India’s most trusted providers — MMTC-PAMP (a Government of India joint venture and the only LBMA-accredited refiner in India) and Augmont (an established refinery with 250+ B2B partners). This dual-custody model means your metal is backed by top-tier, audited providers.

Unlike a Gold ETF or mutual fund, OroPocket has no demat account, no annual expense ratio, real-time 24/7 pricing (not end-of-day NAV), and a ₹1 minimum. Unlike Sovereign Gold Bonds, there is no 5–8 year lock-in — you have instant liquidity. And unlike any of them, every purchase earns Bitcoin cashback.

Download the OroPocket app from the Google Play Store or Apple App Store, sign up with your phone number, add money, and buy your first gold or silver from ₹1 — earning Bitcoin cashback instantly. You can also set up a SIP to invest automatically.

OroPocket is operated by SoulMachine Innovations Pvt Ltd, based in New Delhi, India. For support you can reach the team at support@oropocket.com.