Kumari Palany & Co

Gold at market price dispensed from ATM for the first time

Posted on: 01/Nov/2016 9:38:19 AM
For the first time in India, a facility to get gold coins through ATMs (Automated Teller Machines) has been started in capital Delhi and Bengaluru.

This effort has been initiated by the company Bluestone which is in e-trading of jewelry items online.

For the first phase, ATMs dispensing gold coins have been installed at the Select Citywalk Mall in Delhi and Forum Mall in Bengaluru.

Through these ATMS, the customer can buy 24 karat gold coins of 1 gm, 2 gm, 10 gm, and 20 gm at the market price.

The payment can be made in cash or by credit/debit cards.

The quality assurance certificate of the bought item can also be obtained through the ATM.