New Delhi: Money is withdrawn from ATMs. But an ATM has been set up in Hyderabad from which gold coins can be purchased. This Gold ATM has been launched in Begumpet by a company called Goldsikka Limited on 3rd December. As a result, customers can buy gold coins from ATMs without going to jewellery shop . Here you will get opportunity to buy gold 24 hours a day. The software is provided by OpenCube Technologies Pvt Ltd, Hyderabad.
It is claimed to be the country’s first real-time ATM. In other words, according to the ups and downs in the gold price in the market, there will also be a change in the price. Gold cans can be bought at that changed rate. Customers can buy gold coins through credit or debit card. 0.5 gm, 1 gm, 2 gm, 5 gm, 10 gm, 20 gm, 50 gm to 100 gm gold will come out from the ATM. The ATM has a capacity of up to 5 kg of gold, which will cost around Rs 2 to 3 crore. In the coming days, the company plans to install around 3,000 ATMs in the country and also to open them abroad.