India's 1st Gold ATM

Launched in Hyderabad

Buy Gold Coins with Your Debit/Credit Card

World’s 1st Real-Time Gold ATM Launches in India

Goldsikka - India’s 1st Gold ATM that allows consumers to buy gold at real-time value was launched in Hyderabad. It is also the world’s first real-time Gold ATM. Here’s how the ATM works.

How Goldsikka ATM Works

Instead of cash, the ATM will store Gold Coins. Investors can buy these Gold Coins with their Credit or Debit Card.

Investment Returns Based on Real-Time Value

Customers will get their Investment Returns at real-time prices with zero wastage. The gold prices are updated live in the ATM and displayed on the screen and so are the taxes.

Purity of Gold Coins

You can stop worrying about the purity of Gold Coins. All Gold Coins dispensed through the ATM are 24-carat gold and 999 certified.

ATM Storage Capacity

Each ATM has a capacity of holding up to 5 kilograms of gold which is worth around ₹2-3 crores.

Gold Coin Options

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.

ATM Safety & Security Options

The ATM has a built-in camera and sound alarm system, which will trigger if there someone tries to tamper with it. Additionally, the ATM has three external CCTV cameras strategically placed. The authorities behind Goldsikka are also planning to tie up with local police stations.

What Happens if Transaction is Declined?

In case of a transaction failure, if the amount is debited and gold is not dispensed, then the customer will get back the money within 24 hours.

Benefits of Gold ATM

You can buy gold coins in real-time value, meaning there’s zero wastage of investment. Also, all gold coins are 24-carat gold and 999 certified. It will also help you save time from visiting jewellery shops. You can just walk into a gold ATM and withdraw gold coins.

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