1. 24 Karat 999,9 pure gold Swiss made with Assay Certification, supplied by a reputed and known PAMP Refinery Switzerland, signifying the highest level of purity as per international standards. PAMP is owned by M K S Finance S A, Geneva, Switzerland.
   
   
2. Round shape customised gold coins in denomination of 8 and 10 grams bearing our Bank's name, logo and coin denomination on one side and picture of goddess Lakshmi on the other side.
   
   
3. Packaged in a tamper proof laminated card for easy viewing and prevent damage/theft during transit.
   
   
4. In case of any defect as to quality and quantity, coin will be replaced by the manufacturer as long as certicard is intact.
   
   
5. Both customers and non-customers are eligible to buy gold coins. Any transactions of Rs. 50000 or more will attract the requirement of quoting of PAN.
   
   
6. The sale price depending on the market rate will be informed on day to day basis by Precious Metal Cell, ID Mumbai.
   
   
7. Gold coin can be purchased from our designated branches.
   
   

1. 88, Mahatma Gandhi Road, Cantonment, Bangalore 560001
   
   
2. Jayanagar Shopping Complex, No. 6, Eastern Side, Jayanagar 4th Block, Bangalore 560011
   
   
3. Plot No. A-12, & A-13, Anna Nagar East(II Avenue), Chennai 600102
   
   
4. 132, Usman Road, Thyagarajanagar, Chennai 600017
   
   
5. 4-1-1954, 1st Floor, Abid Road, Hyderabad 500001
   
   
6. Door No. 3-3-6, M Rajeshwar Chambers, R.P.Road, Secunderabad 500003
   
   
7. Entrechment Rd,MarredpallyEast, Secunderabad 500 027
   
   
8. 41A Gokhale Road, Naupada Thane 400602
   
   
9. 1st Floor, Jayabhadra Villa, SVP Road, Borivli West, Mumbai – 400092
   
   
10. Kshamalaya, Ground Floor, 37 New Marine Line, Opp. Patkar Hall, Mumbai – 400020
    
    
11. Krishna House,Opp.Advance Cinema, Post Bag No.192, Bhadra, Ahmedabad 380001
    
    
12. Near Police Stn, Navarangpura, Ahmedabad – 380009
    
    
13. Canara Bank Building, M. G. Road, Spencer Junction, Trivandrum 695 039
    
    
14. Shenoy Chambers, 1st Floor, M Shanmugam Road, Ernakulam, Cochin 682031
    
    
15. No. 242, Kaisons House, ChandniChowk, Fathehpuri, Delhi - 110 006
    
    
16. J-6, Rajouri Garden , New Delhi 110027
    
    
17. A-27, Hauz Khas Enclave, New Delhi 110 016
    
    
18. No.98/10/1,Raja S.C.Mullick Rd, I floor, No. 4, Jadhavpur , Calcutta 700032
    
    

Frequently asked question (FAQ) on retail sale of gold coins

1. In what denomination and shape gold coins are available?

Coins are available in 8 grams and 10 grams, in round shape. The coin bears Canara Bank's name, logo and coin denomination on one side and picture of goddess Lakshmi on the other side

2. Whether, coins with other denomination and size will also be launched?

Yes, in future we will be launching coins with 5 grams and 20 grams also, with other figurine.

3. Whether, all Canara Bank branches are selling gold coins?

No, only designated branches are selling gold coins.

4. Which are the branches selling gold coins?

At present only 18 branches have been designated for retail selling. A list of such branches along with contact numbers is enclosed herewith.

5. What customer has to produce to purchase the coins?

Every body can purchase the coin, whether Canara Bank customer or not. If the purchase of Gold coin is Rs.50000/- or above, the customer has to furnish his Permanent Account Number. "Gold coin requisition slip" will be provided by the designated branch. A duly filled in "gold coin requisition slip" should be submitted to the branch. In case of payment by cheque, the cheque should be drawn on designated branch only, where "gold coin requisition slip" has been tendered.

6. Whether price of gold is constant?

No, the price of Gold is market driven and keeps on changing. Local taxes extra.

7. Whether bank can supply the gold coin embossed with Company's name and logo as per the design and specification in case of bulk purchase?

Yes, Bank can supply customised coins for companies with their name logo design and specification in case of bulk order.

8. What are the timings of the sale?

The sale of gold coins will commence at normal business hours, but it will conclude half an hour earlier than usual closure of business.

9. What is the purity of gold coins?

The coins are 24 karat pure, i.e. 999,9 purity.

10. Where from gold is sourced by the Bank?

Gold coins are Swiss made, made by PAMP Refinery, Switzerland.

11. Whether coins have Assay Certification?

Yes, all the coins are having Assay Certification. Further, to ensure safety of coins they are packed in tamper proof, certicard for easy viewing of the coins.

12. Whether Canara Bank buy back the gold sold by them?

No, as per the RBI stipulation we can not buy back the gold sold by us.