How to tie up with Augmont as a partner for Digital Gold?

 

How to Tie Up With Augmont as a Partner for Digital Gold: A Complete Guide

Digital gold has emerged as one of the fastest-growing investment options in India. With rising demand for secure, transparent, and low-cost ways of buying and selling gold, platforms like Augmont Gold For All have become major enablers. Whether you’re a fintech startup, jewelry business, financial advisor, or an e-commerce company, partnering with Augmont can help you offer digital gold to your customers with minimal operational overhead.

This article explains what Augmont partnership means, why businesses collaborate with them, the eligibility requirements, documentation needed, integration steps, commercial model, and best practices to ensure success.

1. Understanding Augmont and Its Digital Gold Offering

Augmont Gold For All is a leading integrated precious metals company in India that deals in:

  • Digital Gold & Silver

  • Gold SIP (Systematic Investment Plan)

  • Physical Gold delivery (coins & bars)

  • Wholesale bullion supply for jewellers

  • Gold loan support (in some cases)

Their digital gold program allows businesses to offer customers:

  • 99.9% pure 24K gold

  • Real-time buying/selling rates

  • Secure storage in insured vaults

  • Delivery at any time in physical form

Because Augmont already handles compliance, storage, logistics, and pricing, businesses can quickly scale their offerings by becoming an official partner.

2. Why Partner With Augmont for Digital Gold?

Here are the top reasons companies choose Augmont:

✔ Trusted Indian Bullion Brand

Augmont is one of the largest bullion suppliers in India with strong credibility and SEBI-compliant operations.

✔ Low Setup Cost

You don’t need vaults, storage facilities, or gold inventory to start selling digital gold.

✔ Easy API Integration

Technology-friendly partners can integrate their digital gold buying/selling features through Augmont's API or white-label solutions.

✔ Earn Commission

Partners earn a commission or margin on every:

  • Buy transaction

  • Sell transaction

  • SIP installment

  • Physical redemption order

✔ Regulatory & Compliance Support

Augmont handles required regulatory protocols, KYC norms, storage standards, and audit procedures.

✔ White-Label & Co-Branding Options

You can launch digital gold under your own brand powered by Augmont’s backend.

3. Who Can Become an Augmont Digital Gold Partner?

Businesses across several sectors are eligible, such as:

Fintech Companies

Wallet apps, payment apps, investment platforms, and neobanks.

Jewellers

Retail jewellery stores that want to offer digital gold and SIP to customers.

E-commerce Platforms

To add digital gold as a product category.

Wealth Management & Advisory Firms

Brokerages, advisory platforms, and mutual fund distributors.

Startups & Entrepreneurs

New businesses looking to expand their offerings in the gold investment space.

Offline Businesses

Mobile stores, grocery chains, and other retailers who wish to add gold purchase kiosks or online solutions.

4. Partnership Models Offered by Augmont

Augmont generally provides two main partnership structures:

A) API-Based Digital Gold Partnership

Ideal for tech companies & apps.

Includes:

  • Buy/Sell API

  • SIP API

  • Customer KYC automation

  • Gold ledger & wallet management

  • Webhooks for order updates

  • Secure payment gateway integration

B) White-Label Digital Gold Platform

Suitable for businesses without in-house development capabilities.

You get:

  • A fully functional website or app branded as yours

  • Backend dashboard

  • Customer management tools

  • Automated billing & transaction reports

C) Physical Gold Retail Tie-Up

Jewellers or offline stores can:

  • Supply Augmont physical gold products

  • Offer gold SIP to their customers

  • Redeem digital gold in-store

5. Documents Required to Tie Up With Augmont

Although exact requirements vary, typically businesses must provide:

Business KYC

  • GST Certificate

  • Company PAN Card

  • Incorporation Certificate / Udyam Registration

  • Address Proof

Authorized Signatory KYC

  • PAN Card

  • Aadhaar / Passport / Driving License

  • Photograph

Bank Details

  • Cancelled cheque

  • Account number / IFSC

Additional Documents (if applicable)

  • Board Resolution

  • Partnership Deed / MoA / AoA

  • Shop & Establishment License

6. Step-by-Step Process to Become an Augmont Digital Gold Partner

Step 1: Contact Augmont

You can approach Augmont via:

  • Their official website’s partnership inquiry form

  • Email (usually partners@augmont.com or sales@augmont.com)

  • Contact numbers listed on their portal

  • Referrals via jeweller/bullion network

Step 2: Discuss Business Requirements

An Augmont representative will schedule a call to understand:

  • Type of business

  • Customer base

  • Platform requirements

  • Expected volumes

  • Integration model (API or white-label)

Step 3: Submit KYC & Legal Documents

Once verified, you’ll receive:

  • NDA (Non-Disclosure Agreement)

  • Partnership agreement draft

Review and sign digitally.

Step 4: Finalize Commercial Structure

Augmont will share details of:

  • Commission margins

  • Pricing model

  • Settlement cycles (usually same-day or T+1)

  • SIP incentives

  • API usage limitations

Step 5: Receive API Credentials / White-Label Access

You will get:

  • Sandbox API keys (testing environment)

  • Documentation

  • Sample JSON request & response structures

  • Integration guidelines

  • Branding guidelines (if co-branded)

Step 6: Testing & Security Compliance

Your tech team must complete:

  • API integration

  • Payment gateway connection

  • Ledger balancing

  • Callback testing

  • Security audits (basic checks)

Augmont will review and approve the production release.

Step 7: Go Live

Once live:

  • Buying & selling becomes active

  • SIP onboarding begins

  • Physical redemption enabled

  • Dashboard for tracking business activity becomes accessible

7. Partnership Costs & Commercials

Costs vary based on integration type.

Common components include:

  • One-time onboarding fee (varies; sometimes waived)

  • Commission sharing on each buy/sell

  • Gold spread margin (difference between buy and sell price)

  • Volume-based incentives (for high-transaction partners)

  • Platform fees for white-label solutions

Most partners find the model profitable because they earn recurring revenue from SIP and frequent micro-transactions.

8. Post-Onboarding Support

Augmont provides ongoing support such as:

  • Technical support team

  • Dedicated business account manager

  • Ledger reconciliation assistance

  • Marketing support (banners, creatives, product brochures)

  • Compliance updates

  • Festive gold product promotions

9. Best Practices for Successfully Offering Digital Gold

✔ Provide Easy KYC

Simplify customer onboarding for higher conversions.

✔ Offer Small Ticket SIP (₹10–₹100)

Low-cost SIPs significantly increase user stickiness.

✔ Display Real-Time Gold Rates

Ensure smooth, fast API performance during rate changes.

✔ Promote Physical Redemption

Offer fast & affordable delivery to build trust.

✔ Use Seasonal Campaigns

Key periods:

  • Akshaya Tritiya

  • Dhanteras

  • Diwali

  • Makar Sankranti

✔ Provide Cashback or Reward Points

Gamification increases digital gold transactions on your platform.

10. Conclusion

Partnering with Augmont to offer digital gold unlocks a powerful revenue stream with minimal investment and operational cost. Whether you’re a fintech company, a jewellery brand, or a startup looking to enter the gold investment space, Augmont provides the technology, logistics, compliance, and backend infrastructure.

By following the steps outlined above and preparing the necessary documentation, businesses can onboard quickly and start offering digital gold, SIPs, and physical redemption to their audience—under their own branding or using Augmont’s platform.

If executed well, an Augmont digital gold partnership can help expand customer engagement, increase revenue, and build long-term customer trust.

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