Punjab National Bank starts Gold Coins Sale center

The Punjab National Bank (PNB) has started first-of-its-kind exhibition-cum-sale of gold coins in the Kashmir valley.

During the inauguration of center, minister for Power Nawang Rigzin Jora said, it is for the first time that any bank has started its gold coins sale counter in Kashmir valley and hoped that the customers would get 24-carat-gold coins from this counter

Speaking on the occasion, Zonal Manager PNB Vivek Arya said bank has been rendering its services since 1895 and it was in 1905 that its started its functioning in Jammu and Kashmir.

He said presently the PNB is operating in the State through its 73 computerised and well-equipped branches. PNB is first bank which has ventured into marketing sector for sale of gold coins and is already running two gold coins sale counters in Jammu.

The gold coins, he said, sold on PNB counters are minted in Switzerland and are tax paid. The account holders of PNB would get two per cent discount while purchasing gold coins from bank counters.