Oct, 16 2016

Get an experience of using India's first gold coin ATM

IBJA is said to have set up the first exclusive gold coin showroom in India at Mumbai and offers a range of genuine gold coins consisting of 500 plus designs under one roof.

By Franchise India Bureau
Get an experience of using India's first gold coin ATM

IBJA Gold, an initiative of India Bullion and Jewellers Association in partnership with Rajesh Wadhawan Group. It is said to have set up the first exclusive gold coin showroom in India at Mumbai and offers a range of genuine gold coins consisting of 500 plus designs under one roof.

Deepak Tulsian, Business head of IBJA jewellery has come up with an innovative and first of its kind ATM. The unique selling point of the company is that they have introduced India's first gold coin vending machine. The customer can deposit the sum and get a gold coin from the machine and that’s one of a kind.

The company is open to potential franchisees. The franchisee needs to invest an investment of 35 lacs to 2.6 crore. The area requirement is 500-1000 square feet. They are charging the return of interest 50-60 percent and break-even duration of 2.5 years.

Related: ​Jewel Hub to set up 100 stores soon

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