Highlights

  • World's first gold ATM launched in Begumpet, Hyderabad
  • ATM can store up to 5kg of gold
  • Buyers can use debit and credit cards, prepaid and postpaid smart cards to withdraw gold

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Goldsikka: Know all about world's first gold ATM

First real-time Gold ATM in Hyderabad offers customers to complete basic transactions to buy gold without going to any physical jewellery stores

Unlike usual ATMs, Goldsikka ATM dispenses gold coins.
World's first gold ATM now operational in Hyderabad allows customers to buy gold using their debit and credit cards.
The ATM can store up to 5kg of gold in the form of gold coins of 8 different weight classes ranging from 0.5 to 100 grams.
Given the current price level of the yellow metal, a single Goldsikka ATM would hold about Rs 2 to 3 crores in gold.
The innovative machine is a result of a collaborative effort between jewellery maker Goldsikka and a Hyderabad-based start-up, OpenCube Technologies.

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