Punjab and Sind Bank ::Where service is a way of life...

GOLD COINS/BARS - PSB SWARAN MUDRA

Our bank presents "PSB Swaran Mudra" i.e. gold coins of different weights of 999.9 purity, individually packed in a beautiful plastic pack cum certi-card issued by assayer of international repute. These coins are imported from Switzerland and minted by M/S P.A.M.P., SA , Switzerland , one of the renowned gold refiner of the world.

At present these coins are available in 5gram, 8gram, 10 gram and 20 gram weights through designated branches of the bank spread all over India. List of Designated branches is given hereunder:-

Rajendra Place , New Delhi

Kailash Colony, New Delhi

Green Park, New Delhi

Safdarjang Enclave, New Delhi

Vasant Vihar , New Delhi

Paschim Vihar Jawala Heri New Delhi

IBD, New Delhi

Rajouri Garden . New Delhi

H-Block, Con. Cir. New Delhi

IBD , Chennai

Opera House, Mumbai

Anderi, Mumbai

Khar , Mumbai

Juhu, Mumbai

Model Town , Ludhiana

Civil Lines , Ludhiana

Miller Ganj, Ludhiana

Sunet Ludhiana

17-B, Chandigarh

17-C, Chandigarh

Sector 22, Chandigarh

Sector 34, Chandigarh

Sector 47, Chandigarh

IFB , Chandigarh

Mohali- Phase V

Hall Bazar, Amritsar

GNDU, Amritsar

Court Rd. Amritsar

Civil Lines, Amritsar

Golden Temple, Amritsar

Gurdaspur Main

Model Town, Jalandhar

Mota Singh Nagar, Jalandhar

G.T.Road, Phagwara

The Mall Patiala

Station Road, Jaipur,

IBD, Agra

Gold continues to be an asset and provides a good investment opportunity for a steady growth as indicated by trends in the past. These 24 carat coins are pure and reliable and are supported by an Assay Certification , signifying the highest level of purity as per international standards.

These coins are priced on daily basis at quite a competitive rates based on daily gold price in the international bullion market after accounting for customs duty and other charges involved in the rating of gold coins viz. Dollar/INR rates , but are exclusive of Sales Tax/VAT.

FOR ANY QUERRIES THAT ARE NOT ANSWERED HERE, YOU MAY CALL ON US OR WIRTE TO US

F A Q

Is Punjab & Sind Bank venturing into gold/bullion market?
What form is Gold being sold in?
In what weights are the gold bars available?
How will Bank sell the gold?
What is the purity factor of gold?
What is the authenticity proof?
Who can buy the gold?
What is the price that the gold will be sold at?
Will Bank buy back the gold sold by them?
How can I buy gold through a Branch?
What documents are required for the purchase of Gold coins/bars?

Q.	Is Punjab & Sind Bank venturing into gold/bullion market?
Ans.	Yes, Punjab & Sind Bank has RBI approval to retail gold/bullion to its customers

Q.	What will be the various forms of Gold being sold in?
Ans.	Pure Gold Coins will be sold in the form of round, oval and rectangular bars. At present it is available in round form only.

Q.	What will be the different weight of gold coins/bars available?
Ans.	Currently Pure Gold Coins will be available in 5 gram, 8 gram, 10 gram weight.

Q.	What will the system of selling the gold?
Ans.	Bank will sell the gold coins through its designated branches only

Q.	What is the purity level of gold?
Ans.	Pure Gold Coins will be of 24 Karat, 999.9% purity gold.

Q.	What shall be the authenticity/proof of purity ?
Ans.	The gold Coins are packed in tamper - proof transparent certi-card packs at the manufacturing stage itself to prevent any damage / theft during transit. All the coins sold by the Bank come with a "Assay Certification" indicating the highest quality of gold at 999.9 purity as per international standards.

Q.	Who can buy the gold? At what rate bank shall be selling the gold coins/bars ?
Ans.	The price will be fixed daily morning depending upon the international market rate of gold.

Q.	Will Punjab & Sind Bank buy back the gold sold by its?
Ans.	Punjab & Sind Bank do not buy gold coins sold by it.

Q.	How one can buy gold through a Branch?
Ans.	You can buy gold through designated branch of Punjab & Sind Bank by following these simple steps:
	* Visit the Bank's Designated Branch.
	* Mention the weight & quantity of the gold coins required in numbers & words & the mode of payment to the dealing officer.
	* Make payment by way of cash / debit instructions / cheque form your savings / current account/OD Account at the counter.
	Branch will accept & process your requirement and deliver the gold coins along with the Invoice to you.

Q.	Whether any documents are required for the purchase of Gold coins/bars?
Ans.	No documents are required for the purchase of Gold coins/bars with value less than Rs.50000. For purchase of Gold coins/bars from Rs. 50,000,and above an Identity proof and PAN card copy would be required.