This Akshay Tritiya, EbixCash offers you to buy gold from your nearest Kirana Store!

Bangalore, 18 April, 2018: What if one tells you, that you can now walk into the nearest Kirana store in your friendly neighborhood and buy the purest quality gold? EbixCash the country’s pioneer and leading digital payments Fintech, in association with Augmont India, has launched a facility to buy the best quality 24Kt (999) Gold coins by simply walking into any of its 231,500 retail outlets across 5,500 cities, towns and villages.

 All that the buyer has to do is walk into thenearest EbixCash’s retail stores, choose the product, make a 20percent down payment and pay the rest in an EMI spread over 3to9 months.Also, customers have the convenience of physical gold beingdelivered at the end of the tenure right at their doorstep. 

Augmont  is India's biggest and most trusted B2BBullion supplier, offering top quality gold from their own BIS AccreditedRefineries with a purity of 999 (24 karats). While the buyers can currentlychoose from a variety of gold coins, the platform aims to includejewellery items such as pendants, bracelets, chains and earrings inthe near future. 

Bhavik Vasa, Chief Growth officer, EbixCash,said, “Physical gold in India is always an emotional, sentimental and religiouspurchase where trust plays a very critical role. The perfect fusion of theimmense goodwill brought in by Augmont with the ease of buying gold through EMIfrom your neighborhood store is the best way to invest in precious metals.” Headded, “With this initiative, we endeavor to empower every individual and helphim transition towards a more secured future steadily but in stages with dueconsideration to his convenience and affordability.” 

Ketan Kothari, Director, Augmont,said, “Buying gold is not just a tradition in India, but a proven, solidinvestment avenue. Contrary to popular perception, gold ownership is higher inrural India than in the metros, indicating that there’s a great demand forsmaller denominations and financing support. Being India’s largest gold refinerand jewelry manufacturer, we feel responsible to bring order to a sector thathas more than 90% unorganized players that makes quality control almost impossible.Our strong retailer network makes gold available virtually in every pocket andthe EMIs make these purchases even simpler. We have curated our offer to ensurethat no matter what your pocket size and budget constraints, you can now affordmuch more gold than you imagine.”  

EbixCash’s association with Augmont gold offers greatadvantage for individuals who find it difficult to invest a large amount ofmoney in buying gold by encouraging a disciplined practice whereby one canbuy gold in grams by making small and regular payments. It also is an excellentsavings scheme for middle India and their future aspirations for the yellowmetal. 

EbixCash offers a range of digital payments andinvestment solutions, and the company’s association with Augmont India is itslatest offering on their ‘Phygital’ network. The idea is to make goldrelevant to the country’s last mile. 


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