Goldsikka ATM: Everything You Need to Know About India's First

Goldsikka ATM is a revolutionary innovation in India's banking sector. It's the country's first gold vending machine, introduced by Muthoot Group in 2011.

This unique concept allows customers to purchase gold coins or bars using a debit/credit card or cash. No need to worry about the hassle of going to a physical jeweler or gold dealer.

The Goldsikka ATM is designed to provide a secure and convenient way to buy gold. It's a 24-hour service, so you can purchase gold at any time that suits you.

The machine is equipped with a touchscreen interface, making it easy to navigate and select your desired gold product.

Goldsikka ATM is India's first Gold ATM and the world's first real-time gold ATM. It allows customers to withdraw gold coins just like cash from this gold ATM using their debit or credit cards.

The gold ATM is installed in Begumpet, Hyderabad, and was recently launched on December 3. It's a collaboration between Goldsikka Pvt Ltd, a gold distributor company, and M/s OpenCube Technologies Pvt Ltd, a Hyderabad-based startup for technology support.

Goldsikka ATM enables customers to buy gold without going to a physical jewellery store. This convenience is a game-changer for people looking to invest in gold or simply purchase it as a gift.

The gold ATM allows customers to buy gold in various quantities and at any time of the day. It's a 24/7 ATM, making it easily accessible to customers.

Here are the key features of Goldsikka ATM:

The Goldsikka ATM is a secure and convenient way to access your money. It uses advanced encryption technology to protect your transactions.

The machine is connected to the bank's network, allowing you to check your account balance and withdraw cash.

The Goldsikka ATM is available 24/7, making it easy to use at any time.

At the Ameerpet Metro Station, commuters can now buy gold and silver coins from the Gold ATM Version-2. This machine offers a convenient and efficient way to purchase gold and silver.

The Gold ATM Version-2 is a hybrid model that caters to different consumer preferences. Buyers can acquire gold and silver coins with a range of weights, including 0.5 grams, 1 gram, 2 grams, 5 grams, 10 grams, and 20 grams for gold, and 10 grams, 20 grams, 50 grams, and 100 grams for silver.

Commuters can make purchases using debit cards, credit cards, or UPI. The machine also screens live prices directly from the London Bullion Market Association (LBMA).

Gold ATMs are available 24x7, making it convenient for customers to buy gold within their budget. They have a capacity of storing 5kgs.

The Gold ATM offers eight options for the quantity of gold, ranging from 0.5 grams to 100 grams. Anyone with a debit card or credit card can make transactions for gold using the ATM.

All of the gold currency found at Gold ATMs is 24-carat gold, which is considered the purest type of gold. This ensures that customers get the best quality gold.

Gold coins are available in denominations ranging from 0.5 grams to 100 grams. No one can purchase less than 0.5 grams or more than 100 grams.

The Gold ATM displays the current gold price to keep customers informed of changes in the market. This helps them make informed decisions about their gold purchases.

This gold coin ATM can dispense coins ranging from 0.5 grams to 100 grams. It's convenient to use a credit or debit card for transactions.

The machine is available 24/7, providing round-the-clock service to customers. This means you can visit it at any time that suits you.

The gold coins are 24 carat, which is a high-quality standard. They come in tamper-proof packs with 999 purity certification.

The price of the gold coins is updated from the London bullion market. This ensures that you get the latest market price for your gold.