KYC Information

  1. For Customer’s Gold Balance less than 30 Gms, Distributor will provide SafeGold with Authenticated Mobile Number and the Name of the User.

  2. If the Customer’s Gold Balance reaches more than 30 Gms and is Less than 50 Gms, the Distributor will provide SafeGold with the Verified Identity Number. When a customer tries to buy gold greater than 30 Gms and Less than 50 Gms, SafeGold will validate in the Buy Verify API whether the Customer is KYC Verified. If the Customer is not KYC verified, SafeGold will provide an Error message and the Distributor will provide the Identity Number through the API. SafeGold will provide an API to the Distributor through which Distributor will send the Masked Identity Number. The Verification process would be done by the Distributor.

  3. If the Customer's gold balance > 50 gms, the Distributor will provide Safegold with the Verified Masked PAN Number. When a customer tries to buy gold greater than 50 Gms and, SafeGold will validate in the Buy Verify API whether the Customer is PAN Verified. If the Customer is not PAN verified, SafeGold will provide an Error message and the Distributor will provide the PAN details through the API. SafeGold will provide an API to the Distributor through which Distributor will send the Masked PAN Number. The Verification process would be done by the Distributor.