SBI has announced to offer pure gold coins as festival offer

By Pradeep Yuvaraj | September 9, 2011

A recent press report said that State Bank of India has planned to offer pure gold coins as part of its festival offer. The state run bank said that it would offer pure gold of 999.9 fineness. These gold coins would be issued in the following denominations of 2 gm, 4 gm, 5 gm, 8 gm, 10 gm, 20 gm and 50 gm. The gold coins issued in this regard are pure and Assay certified and are packed in tamper – proof packaging. The customers could avail these gold coins with price that would be based on the day to day gold prices. These gold coins are such that they would be ideal for investment, individual and gifting. This offer would be available at more than 1300 branches of the state run bank.

State Bank of India (SBI) having its headquarters in Mumbai is the largest Indian banking and financial services. SBI offers a wide range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). The bank’s loan portfolio includes home loan, personal loan, car loans, mortgage loans, gold loan, education loans etc.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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