ATM in Bengaluru takes card, gives out gold coins

To capitalise on the rebound of gold prices in the market and cash in on the festive season, BlueStone, an online jewellery firm, has opened automated teller machines (ATM) in Bengaluru that dispenses gold coins of your choice. The machines located at Forum Mall in Bengaluru and Select City Walk in Delhi are equipped to dispense certified 24 carat gold coins in denominations of one, two, five, ten and twenty grams. 

All the user has to do is to choose the desired denomination of the gold coins and deposit the required amount. And the machine will remit the coins in no time. The mechanism behind its usage is quite simple and a frequent ATM user can operate it without any hassle. Speaking on the launch, Arvind Singhal, COO, BlueStone.com said, “Introduction of the gold ATM during the festive season not only adds convenience to buying gold but is also a means to connect with our customers by providing them with physical touch points. 

The machine gives a customer multiple options to pay the amount. The user can either pay by cash or by credit or debit card. One can get gold coins weighing from one gram to 20 grams at market rates. While delivering gold coins, the machine delivers you a certificate of purity and genuineness.