Bullion India endeavours to change the way the retail investors invest in gold and silver market. It provides an online system to buy, sell and redeem Gold and Silver bars to retail investors in smaller denominations at a wholesale price in an easy, simple and a convenient manner.
The retail investors can buy/sell G-units/ S-units* on daily basis through the live prices displayed on the web trader provided by Bullion India. It also allows the investor to redeem these G-units/S-units in the physical form at their convenience.
The G-units can be redeemed in as low as 1 gm, 20 gm,5 gm and 10 gm, whereas the S-units are available for redemption in 10 gm, 20 gm, 50 gm,100 gm and 500 gm.
Features Gold Silver
Purity 995 999
Carat 24 24
Tamper Proof Packaging Yes Yes
International Certification Yes Yes
[Mobile Trade]
The Bullion India web trader displays the wholesale prices of Gold and silver bars to retail investors making it more affordable
A retail investor can buy as low as 0.1 gm i.e 1 G-unit or 1gm silver i.e 1 S-units at a time
The Gold/silver bars are stored on your behalf in a secured vault
The option to convert your e-holding in physical form
24x7 access to your online portfolio
No Brokerage or fees are charge on account opening or on redemption
And many more...
[Bullion India]
The Gold and silver bars purchased by the members are stored in electronic form and backed by equivalent quantities of physical bars by us. At the time of redemption members can claim their units and the same will be delivered to them at their door steps!
G-units and S-units are dematerialized gold and silver respectively that can be exchanged online using our trading platform.
These units are backed by exact quantities of physical gold or silver.
1 G-unit value tracks and represents 0.1g physical gold in INR terms inclusive of VAT (Sales Tax or Value Added Tax).
1 S-unit value tracks 1g physical silver in INR terms inclusive of VAT
Both Bid and Ask prices of these units are quoted inclusive of VAT
Following functions can be performed with the G-units and S-units:
BUY
The units can be purchased in multiples of 1 on Bullion India at any given point of time. There is no upper limit on purchase quantity. The members can buy as many units they desire basis to the available balance in their trading account.
HOLD
The units purchased by the members can be held by them in their trading account for a period as long as desired by the investor. Their bullion will be stored in secured and insured professional vaults in Mumbai and Ahemdabad.
SELL
The units can be sold in multiples of 1 on Bullion India at any given point of time before delivery at the prevalent market prices. The upper limit on sell quantity is equal to the number of balance units in the members account. The required units will be deducted from their trading account and the corresponding amount of funds will reflect in their trading account. Short selling (selling without buying it first) is not permitted.
REDEEM
The G-units can be redeemed in multiples of 10 i.e 1gm and S-units in multiples of 10 i.e 10gm at any given point of time. The units can be redeemed by the members against the balance units reflecting in their trading account. On request for redemption, the required units will be deducted from their trading account and the corresponding quantity of physical gold/silver will be delivered to the members.
Bullion India is jointly promoted by RiddiSiddhi Bullions Ltd.(RSBL), Bombay Bullion Association Ltd.(BBA) and Finkurve Financial Services Ltd.(FFSL)