All bullion dealers and jewellers (manufacturers, wholesalers, and retailers) can apply for the IBJA-verified tag.
Both individual jewellers and all other status holder in businesses of bullion and jewellery can apply for the IBJA-verified tag.
The verified tag assures users that the account represents an authentic and legitimate business, combats impersonators and scams, boosts visibility on platforms, improves search rankings, and helps build customer trust for high-value purchases.
The verified tag acts as a digital stamp of legitimacy, assuring customers that they are dealing with a reputable and trustworthy entity, reducing the risk of falling victim to impersonators or scams.
Absolutely. In an industry where trust is paramount, the verified tag serves as a major selling point, boosting confidence in customers who may be hesitant to purchase expensive items online, knowing they are less likely to be scammed.
Yes, tag holders must keep IBJA updated about any changes in their management, constitution, or business details.
UPI/NEFT/RTGS payment methods are accepted for the verified tag application.
The payment must be made along with application.
The verified tag can be used by the applicant on all the stationery, facade, social media or at such other place deemed fit.
The verified tag is issued based on the terms and conditions signed by the applicant.
Yes, by fostering trust and attracting customers who prioritize authenticity, verified tags can lead to increased sales for bullion dealers and jewellers.
The IBJA-verified tag is issued for one year, and must be renewable every year by the bullion dealers & jewellers.
No, the verified tag cannot be used beyond the specified period without renewing it.
Yes, the verified tag is issued to carry out legitimate, authentic, and legal business activities.
Yes, IBJA reserves the right to cancel the verified tag at any point without assigning any reason, thereof.
If approved, the verification tag will be issued within 30 days of submitting the application.
If the application is not approved, the processing fees of Rs. 21,000 will be deducted, and the remaining amount will be refunded to the applicant’s account within 30 days.
No, the verified tag is not a credit or credit guarantee certificate.