Federal Bank Gold Coin

I want to know that before some time Federal Bank has to launch Gold Coin so I a want the rates of gold coin given in Federal bank?

[Shaleen]

I am giving the details of Federal Bank Gold coin rates for your reference. You can go through it. I am sharing the information from the official website for you.

The gold coin is providing to person in 1, 2,5,8,20,50 and 100 grams. Federal Bank was providing discount till August 15 2012 for the gold coin purchases. I am sharing the details in a brochure given by the Bank. Go through it.

Can you please give me the details about the Interest Rates on Gold Loans provided by the Federal Bank and also give me its key features?

[Kiran Chandar]

Federal Bank Pure Gold is available in round shaped coins of 1 gram, 2 gram, 5 gram , 8 gram and rectangular shaped bar of 20, 50 and 100 gram.

Federal Bank Pure Gold can be purchased by customers and non – customers of the bank

Key Features
Available as round shaped coins of 1, 2, 5, 8 grams and as rectangular bars of 20, 50 and 100 grams.

Available at select branches of the bank across the country

High Quality 24 carat gold with 999.9 fineness with Assay Certification

Can be purchased by customers and non – customers

Payment can be made in cash or cheque/draft.

Available in ready to gift form- Packed in tamper proof packing

Price is fixed on a daily basis based on the international market rate of gold to ensure best gold rate.

Gold is imported from the refiner giant, M/s PAMP SA, Switzerland. M/s PAMP SA, Switzerland is one of the leading refiners in the world.

Interest Rates on Gold Loans – Federal Bank:
Gold Loan (Goldlite) – 10.55% + 2.75%
APNA GOLD 24×7 – 10.55% + 4.45%
General Gold Loan – 10.55% + 3.45%
Business Gold Loan – 10.55% + 5.20%