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Indian Gold Coin Scheme Monetisation Program

Organization : Government of India
Scheme Name : Indian Gold Coin Scheme
Website : https://www.indiangoldcoin.com/en/index-2/

Indian Gold Coin:

The Indian Gold Coin is part of Indian Gold monetisation program. The coin will be the first ever national gold coin will have the national emblem of Ashok Chakra engraved on one side and the face of Mahatma Gandhi on the other side.

Related : Ministry of Finance Gold Monetisation Scheme : www.statusin.in/17537.html

Initially, the coins will be available in denominations of 5 and 10 grams. A 20 grams bar/bullion will also be available. The Indian Gold Coin is unique in many respects and will carry advanced anti-counterfeit features and tamper-proof packaging that will aid easy recycling.

Coin Features:
Purity:
The Indian gold coin will be of 24 karat purity and 999 fineness.

Hallmarked:
All coins will be hallmarked as per the BIS standards.

Security:
The tamperproof packaging and advanced anti-counterfeit features on the coin cover make s it very safe and easily recyclable.

Availability:
This coin will distributed through designated & recognised MMTC outlets.

Why?:
We are made of what we stand for. Made of truth and honesty. Made of what the Ashok Chakra symbolizes. Our rights but also our duties. Made of our sweat, but also of our aspirations and accomplishments. We are strength and endurance in equal measures. We are gold. Pure, strong and harbingers of a golden future.

Introducing Indian Gold Coin, the first ever national gold coin of India. Made of more than just gold, made of us.

Buy Back :
MMTC also offers the transparent ‘buy back’ option for Indian Gold Coin through its own showrooms across India. MMTC will repurchase the Indian Gold Coin, in intact tamper proof packaging and with original invoice, at the prevailing gold base rate. The customers shall be at the clear profitable position while buying Indian Gold Coin which has easy liquidity.

Where Can I Buy?
The Indian Gold Coin is now available across 436 outlets including Andhra Bank, Federal Bank, HDFC Bank, ICICI Bank, Indian Overseas Bank, Vijaya Bank, Yes Bank, Phulkari emporiums and MMTC centers. Select your city from the drop down below to search for a retail outlet near you.

Note :
** The Asian Age – MMTC ties up with seven banks to sell ‘Gold Coin’
** The Financial Express – MMTC ties up with banks to sell Indian Gold Coin
** Financial Chronicle – Tie-up to sell Indian gold coin
** Yugmarg – Seven banks offer Gold Coin for Dhanteras in city

** The Tribune – Gold demand on the rise despite hike in prices
** The Pioneer – Banks to retail gold coin this Diwali
** The Financial Express – Gold is big again – for big jewellers

** Economictimes.indiatimes.com – MMTC with World Gold Council launches drive to spread awareness about Indian Gold Coin
** Business-standard.com – Indian Gold Coin now available with three more banks

** Business-standard.com – With an aim to drive awareness around Diwali on availability of Indian Gold Coin, MMTC and WGC launch a multimedia advertising campaign

Categories: Scheme
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