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These terms of use (“Terms and Conditions”) mandate the terms on which the users (“You” or “Your” or “User”) can access and register on the website (https://pave.money) including its mobile application “Pave Money” operated and managed by Pave Value Technologies Private Limited (“Company” or “We” or “Us”) a company duly incorporated under the laws of India, collectively referred to as, the “Platform”.


The Platform is an online portal that facilitates You to transact in gold in digital form from a partner named ‘AUGMONT’ operated and managed by Augmont Goldtech Private Limited (“Augmont”), a company incorporated under the laws of India and Augmont provides for purchase and sale of Gold, and providing services of safe keeping, vaulting, delivery and fulfilment of gold and related services (“Services”). 

You expressly understand and agree that company is only a distributor that facilitates users to buy gold from Augmont. You understand that by registering to the platform and/or accessing services directly or indirectly from the platform, you only receive the ability to use the platform for purchase of gold from augmont or such other products offered by us from time to time. We shall not incur any liability in relation to any dispute relating that arises in relation to purchase of gold or services offered by augmont. You expressly agree that we are not responsible for custody, quantity and quality of physical gold that you purchase through the platform and hence we shall not be liable in case of any dispute that arises in relation to custody of physical gold with the custodian and trusteeship with the trustee administrator.

You understand that the Gold is being offered for purchase by Augmont, and the User can also sell the Gold through Augmont. As per the terms and conditions of Augmont (available at https://www.augmont.com/terms-conditions), in execution of every buy order, Augmont will purchase a corresponding quantity of physical Bullion and deliver it to the custodian who stores their bullion in the designated secured vaults.


You hereby represent that you are 18 years of age or older and eligible to enter a legally binding contract. You warrant that you have the legal ability to purchase and sell gold on the platform. By using the Platform, you confirm that you are not registered under any applicable Goods and Services Tax Act, 2017 and that if, during your relationship with our Platform and/or one of our Business Partner, you become registered under the applicable Goods and Services Tax Act, 2017, you shall inform our business partner of your change in status immediately. If necessary, you shall independently seek financial or tax advice, and these Terms and Conditions do not constitute any tax advice or financial advice to You.


The terms related to you

  1. Upon confirmation of the payment, You shall be permitted to withdraw the corresponding amount after 24 (twenty-four) hours of investment, furthermore there is no lock-in period. 
  2. Once the payment has been confirmed, the same shall be binding on You and cannot be cancelled. 
  3. At the time of purchase, fulfilment sale and/or transfer of Gold, the relevant taxes will be chargeable as applicable as per the Government regulations. The detailed payment terms, delivery, warranty and cancellation and refund policy and other payment policy are subject to the terms and conditions of Augmont which can be accessed at https://www.augmont.com/terms-conditions
  4. The price displayed on the Platform, represents the market linked price of Gold as indicated by Augmont.
  5. Payment will be accepted through the payment options made available on the Platform, which may include redirection to a payment gateways and aggregators hosted by third-party websites or UPI services.
  6. As soon as you request a withdrawal, the request is sent to our partner. The corresponding amount will then be deposited to your bank account within 2 (two) business days.


The Platform and all information, content, materials, products including, but not limited to text, content, photographs, graphics, texts, video and audio content and computer code (“Content”) on the Platform is owned and controlled by the Company and the design, structure, selection and feel and arrangement of the Content is protected by copyright, patent and trademark laws and other various intellectual property rights either in the favour of the Company, or third parties from whom the appropriate permissions have been taken under applicable laws. The trademarks, logos and service marks displayed on the Platform (“Marks”) are the property of the Company and its affiliates or other respective third parties, as the case may be. You are not permitted to use the Marks without the express prior written consent of the Company or the third party that owns the Marks.


You agree to indemnify the Company, its affiliates, their respective directors, officers and employees from any losses, damages, penalties, claims, costs and demands (including reasonable attorney fees and legal costs) arising out of breach or non-performance and/or non-observance of the duties and obligations, representations, warranties and covenants under the Terms and Conditions or due to Your acts or omissions. You further agree to hold the Company its affiliates, their respective directors, officers and employees harmless against any claims made by any third party due to, or arising out of, or in connection with, Your use of the Platform, any misrepresentation with respect to the data or information provided by You, Your violation of the Terms and Conditions, or Your violation of any rights of another, including any intellectual property rights. In no event shall the Company, its affiliates, their respective directors, officers, partners, consultants, agents and employees, be liable to You or any third party for any special, incidental, indirect, consequential or punitive damages whatsoever, arising out of or in connection with Your use of or access to the Platform or Content on the Platform. 

The Company and its partners do not guarantee any returns on any transaction placed with respect to the Services to You. You shall be solely responsible for undertaking appropriate and effective due diligence and related analysis before undertaking any transactions pursuant to these Terms and Conditions. You further agree that the Company, its partners and their respective officers, directors, employees, agents and affiliates will have no liability for Your purchase or other decisions using the Platform.


The Company shall not be liable for failure or error of any transaction on the Platform or for any failure on part of the Company to perform any of its obligations under these Terms and Conditions if performance is prevented, hindered or delayed by a Force Majeure event (as defined below) and in such case its obligations under these Terms and Conditions shall be suspended for so long as the Force Majeure event continues. The term “Force Majeure Event” means any event which occurred and is beyond the control of the Company, including without limitations, unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil commotion, pandemic, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorised access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc. 

The Company and its partners shall be discharged from such performance to the extent of and during the period of such Force Majeure Event, and such non-performance of its obligations shall, in no event whatsoever, amount of a breach of its obligations. 


The Terms of Use shall be governed and construed in accordance with the laws of India without reference to conflict of laws principles.

By using this Platform, You indicate that You have read, understood and accepted this Agreement and have agreed to abide by the same without any limitation or qualification. 

You agree that the services provided on the Platform do not constitute an investment advice and you are solely responsible for your investment decisions. In case you suffer any loss or damage by investing with the financial partners, we disclaim all liabilities.

The information related to the financial services (including their current and live rates) is received from our partners directly. The Platform displays said information on an “as is” basis and is not, in any manner, responsible for the accuracy or completeness of such information either at the time of purchase or redemption.

The funds you add or request to withdraw using the Platform are processed by our partners and payment intermediaries. We shall not be liable for any delays in the process.

If you do not agree to these terms and conditions and the terms and conditions of augmont (as available at https://www.augmont.com/terms-conditions, you may not use the platform and should not proceed to create any accounts or acquire any subscriptions to the platform. By using the platform, you are agreeing to be bound by these terms and conditions, including all amendments made hereto from time to time.

Contact Details

Pave Value Technologies Technologies Private Limited. 

Registered Office address: 603 Balaji Wind Park, SG Highway, Gandhinagar, GJ

Tel:  +91-8828270790, Email: support@pave.money