Hyderabad gets India’s first real-time Gold ATM
Tags: Economy/Finance National News
Hyderabad-based Goldsika Pvt Ltd has installed a Gold ATM, which is claimed to be the country's first real-time gold dispensing machine.
This is India’s first and the world’s first real-time Gold ATM.
Each ATM has a capacity of holding upto 5kgs of gold which is worth around Rs.2-3 crores.
The ATM machine dispenses coins ranging from 0.5 grams to 100 grams.
There are 8 available options, including 0.5 grams, 1 gram, 2 grams, 5 grams, 10 grams, 20 grams, 50 grams and 100 grams.
People can come here and get the coins directly instead of going to jewellery shops.
These coins are 24-carat gold and 999 certified. The customers will get their investment returns at a live price without any wastage.
The important feature of the ATM is prices are updated live.
About India's first gold ATM in Hyderabad
Gold ATM has a diverse set of uses, is easy to use, is available 24x7, and allows you to buy gold within your budget.
Gold ATMs allow customers easier access so that everyone can use their debit card for credit card for making transactions.
Through these Gold ATMs, buyers can instantaneously purchase actual gold using any credit or debit card.
It work like every other ATM.
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