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Comparison of Gold Coin Rates of Banks – 02-05-2011

  सोने के सिक्कों के आज के दाम (रुपयों में)/Today’s Gold Coin Rates
दिनांक / Date : 02-05-2011 
 Comparison of Today’s Gold Coin rates of Banks in India 
Sr. Name of the Bank  Purity Coin Size (in Grams)
No.     10 20 50 100
1 State Bank of India                      a 999.9 24360 48360 120265 236230
2 Punjab National Bank                b 999.9 24963 49658 x x
3 Bank of Baroda                             c 999.9 25045 49823 x x
4 Union Bank of India                    d 9999 24715 x x x
5 Bank of India                             999.9 24568 48434 118801 x
6 Andhra Bank                             999.9 24102 x x x
7 Syndicate Bank                           e 999.9 24330 48660 121640 x
8 Indian Overseas Bank 999.9 x 47509 117288 233317
9 Allahabad Bank 999.9 24238 47987 x x
10 Corporation Bank                        f 999.9 x 47160 116604 228194
11 Oriental Bank of Commerce    g 999.9 24991 x x x
12 HDFC Bank 99.99 26657 53191 132514 264776
13 Federal Bank 999.9 x 47700 118841 237028
14 Kotak Mahindra 99.99 x 51305 127819 255328
**  The prices quoted by various banks are exclusive of VAT & other local taxes except that of Syndicate Bank which are inclusive of VAT/ST etc..
a Discount of 1% on card rate on sale of gold coins of 5 gm, 10 gm, 20 gm and 50 gm denominations and 1.5% on sale of gold coins of 2 gm, 4 gm and 8 gm denominations, except those of 100 gm denominations from 04.05.2011 to 07.05.2011  on account of Akshya Tritiya.
b Discount of 2% shall be allowed on Basic Price of Gold to existing customers, staff members and Bulk buyers of 10 coins and above at one time. 
c 1% discount available for purchase of 10 coins and above.
d Discount on the occasion of Akshya Tritiya from 02-05-11 to 10-05-11. Purchases upto 50 Gms – 2%, Purchases of 51 Gms and above – 3%.
e Syndicate Bank – These rates for inclusive of VAT/ST etc.
Gold Coins of 2 gms to 50 gms with 999,9 purity. 100 gms bar with 999.0 purity
g 3% discount on purchase of upto 3 gold coins, 4 % discount on purchase of 4-9 Gold Coins and  5% discount on purchase of 10 & above Gold coins of any denominations by a single purchaser

Disclaimer : While every care & precaution has been taken in compiling the above information error free from the websites of the Banks, readers are advised to note that www.thebankingbible.com do not own any responsibility whatsoever for any mistakes that might have crept in compiling the information. As Gold Coin rates are quoted on day to day basis, readers are requested to check the latest Gold coin rates with the respective bank before investing.

Wishing You Happy Investing

Please also read : Planning to Buy Gold Coins from Banks? Just Compare Before You Buy.

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