Andhra Bank

Gold Coins

Today Selling Price Date: 03/ 02 / 12 (**exclusive of Sales Tax/VAT)

Weight of Coin	Price in Rs.
2 gms	Rs 6,250/-**
4 gms	Rs 12,148/- **
5 gms	Rs 15,101/- **
8 gms	Rs 24,028/- **
10 gms	Rs 30,029/- **
20 gms	Rs 59,581/- **

Andhra Bank is selling Gold Coins directly by importing from Switzerland. It has the approval from RBI for retail sale of gold to its customers.

The coins are 24 Carat, 999.9 pure gold with a "Assay Certification" indicating the highest quality of gold as per International Standards.

Gold Coins are available in 2g, 4g, 5g, 8g & 10g denominations in round shape, 20g in Ingot Shape.

The Gold Coins are packed in tamperproof certicard packs that are see through at the manufacturing stage itself to prevent any damage / theft during transit.

Competitively priced based on the daily prices of International bullion market price of Gold and the US dollar.

Gold Coins are available at all the 1641 (as of now) branches and 25 Extension Counters of our Bank across the country.

Both Andhra Bank customers and non-customers are eligible to buy gold coins.

Bank will not buy back gold coins sold by them. But they can be sold to any jeweler

The following are the simple steps

Visit the Banks Branch & fill the Application Form
Mention the weight & quantity of the gold coins required in numbers & words & the mode of payment
Submit the Gold Coins application form along with the cash / cheque of your SB/CD/OD at the counter
Branch accepts & processes your requirement and delivers the gold coins along with the Invoice to you

For Non-customers : No documents are required for the purchase of Gold Coins with cash less than Rs.20,000/-. For purchase of Gold Coins with cash from Rs.20,000/- to below Rs.50,000/- an Identity proof is required. No cash will be accepted for Rs.50,000/- and above from non-customers.

Click here for the application form for Gold Coins.

For any clarification, please contact your nearest Andhra Bank Branch.