Gold ATM: India's First real time gold ATM!!!
ATMs are an essential service to the public. Despite the age of banks and modern wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transaction methods, ATMs are still crowded. ATMs cater to everything from essential cash needs to emergency cash needs.
In this case, India's first gold ATM (Gold ATM) has been launched in telangana state capital Hyderabad. This can be redeemed as gold by putting the card in the ATM just like getting money in a normal ATM.
How to use?
Just like debit card and credit card in regular ATMs, it can be taken as gold instead of cash by putting a debit card or credit card in the ATM. This ATM has been introduced by Goldsikka. customers can withdraw up to 100 grams of gold through this gold ATM. They say that this ATM will change the gold market itself.
Who is this ATM for?
This gold ATM comes with gold coins. This ATM is particularly suitable for those who buy gold for gifting and investment purposes, says Goldsikka.
Pure gold
Customers can buy gold in 0.5g, 1g, 2g, 5g, 10g, 20g, 50g, 100g at this ATM. All these coins are 999 certified 24 carat pure gold.
Where is it located?
This gold ATM is located in Begumpet area of telangana capital Hyderabad. 5 kg gold worth Rs 3 crore is kept in this ATM. This gold ATM is designed by Opencube Technologies.
Subsequent ATMs to come
Following this gold ATM, there are plans to set up gold ATMs at hyderabad Airport, karimnagar and Warangal.
Gold investment
Indians have traditionally invested in gold. Recently, various modern gold investment methods like gold bond, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital gold have come. gold ATM has now been introduced in this line. It can be said to be a boon for gold lovers and gold investors.
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