Bullion India to expand Business Associate network in western India

Posted On : 2013-04-06 00:28:58( TIMEZONE : IST )

Bullion India to expand Business Associate network in western India

Bullion India, a unique platform which makes investing in gold and silver simpler, easier and affordable, is introducing a Business Associate network initiative across Maharashtra and Gujarat in order to partner it and change the way people invest in these precious metals. After getting a good response in the State within months of the launch, Bullion India and its Business Associate network comprising jewelers, brokers and financial planners/ advisors will now help more and more people to buy small quantities of pure physical gold and silver at the lowest possible price with the option of door-step deliveries or free storage.

Bullion India, which is a unique venture by RiddiSiddhi Bullions Limited (RSBL), NCDEX Spot Ltd.,and Finkurve Financial Services Limited, charges no commission or brokerage to the end clients. The bars, which are 24 Carat Pure, comply with international standards; and stored with professional security agency vaults with complete security and full insurance.

Bullion India has also launched the first-of-its-kind Gold Index and Silver Index (GSI) data to provide indicative returns of physical gold and silver vis-a-vis S & P CNX Nifty (NSE).

Mr. Ketan Kothari, Executive Director, Bullion India, said, "Bullion India is the best platform through which retail customers can own gold and silver bars in small denominations at the lowest prices. This is ideal for those who want to invest in the physical form because they can buy, sell, hold and redeem these bars in a simple, easy and a convenient manner along with several advantages such as no storage fee, free insurance, no account opening charges and no brokerage. We want to expand our Business Associate network to explain these benefits to people; help them keep a track of their investments on the live wholesale prices displayed on the web trader; and assist them to access account information/ trading history as and when required."

Mr. Sachin Kothari, Executive Director, Bullion India, added, "There is no single pan India brand providing gold and silver coins at the real prices. Bullion India is the only medium that enables a retail client to purchase gold and silver online and still use them physically whenever they need them. We will promote Bullion India through our Associate network of jewelers, brokers and financial planners/ advisors, who will assist people to grab the opportunity of adding gold and silver to their financial portfolio. Bullion India's objective is to provide a one stop solution for investments in gold and silver at the most competitive price, with options of physical delivery!"

The advantages of investing in pure gold and silver through Bullion India are as follows: Availability: Bullion India lets you purchase as little as 0.1 gram (100 milligrams) of gold and 1 gram of silver, which is difficult to get with any bullion investment model; Affordable: Bullion India sells gold and silver at wholesale market prices ensuring the best rates in comparison to the market; Purity Assurance: Only imported and minted bars approved under London Good Delivery Rules are purchased; Free Storage and Insurance: No need to pay storage charges and stay relaxed with insured bullion while in vaults and in transit; No Brokerage: There is no brokerage charged for buying, selling and redeeming at any given point of time. Only delivery charges apply; Low Spreads: You can sell your units back at very low spreads; Ease of Account Opening: Opening of account in Bullion India is a hassle free process. All that the member requires is access to the internet; Ease of Operations: As the funds can be transferred online and the buying/selling is also carried out on a web based trading platform, it is very convenient to operate; Minimum Documentation: The member needs to upload only a scanned copy of the identity proof for successful registration; Delivery at Doorstep: The members can redeem their holdings and take physical delivery of the bullion at the shipping address. is the best opportunity which is fast paced and convenient, bringing your investments just a click away! The online transactions are carried out in a secured and encrypted environment ensuring that the entire process is safe and hassle-free. Clients are required to submit their KYC details and payments are made through secured payment gateway using net banking and debit cards.

Gold bars are available in 1gm, 5gms and 10gms of 24 karat 99.5% purity and silver bars in 10gms, 20gms, 50gms and 100 gms of 24 karat 99.9% purity. These bars comply with international standards and are stored with professional security agency vaults (London Bullion Market Association accredited). These certified bars are facilitated in a superior tamper proof packaging.

Source : Equity Bulls