How to Buy Pure Gold Coins and Bars from Kotak Bank?

in Investments


Looking to buy pure 24-carat Gold coins or bars India?

There are many ways to buy 24-karat (99.99% pure gold) in India, including a jeweler shop, post office, bank, etc. If you buy gold coins from banks chances of fraud is less and you will get exact purity what they claim.

Kotak Mahindra sells gold in India in the name of Gold Eternity.

Gold Eternity, from Kotak Mahindra Bank is 24 carat gold with 99.99% purity which can be purchased from its branches. Customers and non-Kotak Mahindra Bank customers are eligible to buy gold. The gold bar is packed in tamper proof certicard packs with unique number on every certicard, with records maintained in Switzerland. Coins and bars offered by Kotak Mahindra Bank are certified by Assay certification. Kotak Gold coins and bars are available in 5gm, 8gm, 20gm, 50 gm and 100 gm.

Key features of Kotak Gold Eternity

  • 24 carat/karat, 99.99% pure Gold
  • Manufactured in Switzerland by PAMP (PAMP is one of the most reputed and known refineries. )
  • Coins and bars are certified by Assay certification (signifying highest level of purity as per international standards)
  • Tamper proof packaging to ensure the purity of the gold bar
  • Unique number on every certicard, with records maintained in Switzerland

Coins and Coins (Investment)

Gold has been a highly sought-after precious metal for coinage and jewelry. Gold coins or bars can be used as a hedge against inflation or other economic disruptions.

You can purchase Kotak Gold Eternity in varied denominations.

  • Coins are available in 5 gm and 8 gm
  • Gold bars are available in 20 gm, 50 gm and 100 gm weight.

Kotak Gold Price – Today’s Gold Rates

At the time of festive seasons (diwali, etc) you can avail attractive discount on Gold coins and bars. The price of gold coins and bars will depend upon the international market rate of gold and is updated daily. Contact nearest Kotak branches for discounts and attractive offers that are available from time to time.

Click here to check current Card rates for Gold Bars and coins, updated daily

How to Purchase?

To purchase Gold Eternity bars or coins, visit nearest Kotak Mahindra Bank Branch and fill the gold bar application form. Money to purchase can be paid by cash, debit instructions on your savings, current account or payable DD.

Alternatively you can SMS GOLD to 9971056767/5676788, to purchase.

Will Banks buy back the gold sold by them?

Banks in India does not buy the gold sold by them, it is the biggest drawback of buying gold from a bank or from the post office. You can sell the gold to any local jeweler shop, without any need for purity check.

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{ 1 comment… read it below or add one }

gaurav agarwal January 9, 2011 at 12:29 pm

i just want to buy gold bars of 50 to 100 gm but the bank has charging extra amount of purity other then the jewellery shop and the other shop also offers about the purity of the gold bars in the less rate along with the hallmark gold so i m getting confused with whom to buy the gold

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