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ICICI Bank Pure Gold
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FAQs

Online Purchase of Gold / Silver

Does ICICI Bank sell gold / silver through its branches?
Yes. ICICI Bank sells 99.99% Pure Gold / Silver through its branches.

What are the weight options for purchasing ICICI Bank Pure Gold / Silver?
ICICI Bank Pure Gold is available in 0.5 g, 1 g, 2.5 g, 5 g, 8 g, 10 g, 20 g and 50g weight options. . On special request 100 g and 1 kg bars are also sold.

ICICI Bank 99.99% Pure Silver is available in 50g and 100g weight options. In what variants are ICICI Bank Pure Gold / Silver sold?
Subject to availability at the branches, the following variants of gold are available;
  • 2.5 g oval coin,
  • 2.5 g heart shape,
  • 2.5 g Ganesh oval coin,
  • 5 g circular coin,
  • 5 g heart shape,
  • 5 g Laxmi-Ganesh oval coins,
  • 5 g Laxmi oval coin,
  • 5 g Balaji oval coin,
  • 5 g Guru Nanak oval coin,
  • 5 g Ganesh oval coin,
  • 8 g circular coin,
  • 8 g Laxmi oval coin,
  • 20 g circular coin,
  • 20g rectangular bar and 50 g rectangular bar.

What is the price of ICICI Bank Pure Gold / Silver?
The price of ICICI Bank Pure Gold / Silver is based on the Market Rate of gold as on that day. Please contact the nearest branch for price as of that day.

From where does ICICI Bank source the gold / silver?
ICICI Bank imports gold / silver from Switzerland. What is the purity of ICICI Bank Pure Gold / Silver?
ICICI bank Pure Gold / Silver is 24 carat and 99.99% pure. Gold / Silver of up to 100 g variants are packed in transparent, tamper-proof Certicards with an Assay Certification.
Incase of Silver, both 50g and 00g denominations are packed in transparent, tamper-proof Certicards with an Assay Certification. Where can I buy ICICI Bank Pure Gold / Silver?
You can buy ICICI Bank Pure Gold / Silver from any of the ICICI Bank branches* or by simply logging on to the ICICI Bank website. How can I buy ICICI Bank Pure Gold / Silver?
  • ICICI Bank Account Holders may buy gold / silver by issuing a cheque from their Savings Account, or by providing a Debit Mandate or buy gold online through ICICI Bank Net Banking.
  • Non-ICICI Bank Account Holders may buy gold / silver by giving a cheque in favour of ICICI Bank Ltd**
Who can buy ICICI Bank Pure Gold / Silver?
  • Any individual (Resident Indian) can buy ICICI Bank Pure Gold / Silver from the Bank at the branches.
  • Organisations can buy ICICI Bank Pure Gold / Silver as well as customised gold coins. For more details, please contact the ICICI Bank Relationship Manager.
  • What documents are required to purchase ICICI Bank Pure Gold / Silver for a non-ICICI Bank customer?
    For purchase of gold / silver of more than Rs. 50,000 in value, the complete KYC of the purchaser is required. Does ICICI Bank buy back the gold / silver sold by them?
    As per RBI guidelines, Banks cannot buy back the gold / silver sold by them. Hence, ICICI Bank also does not buy back the gold / silver. How can I buy gold / silver from ICICI Bank Internet Banking?
    You can buy Gold / Silver from ICICI Bank Internet Banking by following these steps:

    To buy gold / silver for self:

    Steps:
    • Log-in to ICICI Bank Net Banking using your Internet Banking user ID and Password
    • Select 'Purchase Gold / Silver Online' available under 'Invest/Insure Online' section
    • Fill in the online form available
    • Authenticate your transaction by entering your Transaction Password and Grid Card Values
    • Visit the branch selected at the time of booking gold / silver to take delivery of the gold / silver coin
    • Produce the valid ID at the Front Desk, on the basis of which the gold coins will be delivered to you

    To buy gold / silver for others:

    Steps:
    • You need to be registered for Mobile Banking to buy gold for others. Not registered yet? Visit the nearest ICICI Bank branch
    • Login to ICICI Bank Net Banking using your Internet Banking User ID and Password.
    • Select 'Purchase Gold / Silver Online' available under 'Invest/Insure Online' section
    • Fill in the online form available
    • Authenticate your transaction by entering your Transaction Password and Grid Card Values
    • On successful authentication, a 6-digit Reference Number will be sent to your registered mobile number
    • Confirm your order by entering the 6-digit Reference Number in the 'Confirm Order' page
    • Ask the beneficiary to visit the branch selected at the time of buying gold to take delivery of the gold / silver
    • The beneficiary will have to produce valid ID (original) at the Front Desk on the basis of which the gold / silver coins will be delivered to the beneficiary

    I have not received the 6-digit code required for confirming the order in case of gold / silver bought for 'others'. What do I do?
    All orders that are not confirmed with in 24 hours will be automatically canceled. No amount will be debited from your account till you confirm the order. Can I cancel the order that is pending confirmation?
    Yes, you can cancel the order by visiting the 'Confirm Order' page. What can I submit as ID proof for taking delivery of gold / silver from the branch for self/beneficiary in case the gold / silver is bought online?
    • Driving License - Book type or laminated and embossed
    • Voter Identity Card
    • PAN Card
    • Passport
    How soon can I take the delivery of gold / silver once I buy it online?
    You can take the delivery of gold / silver as soon as you buy gold / silver online, from the branch selected at the time of buying gold / silver online. What is the maximum limit up to which I can buy gold / silver online?
    You can place an order for ICICI Bank Pure Gold / Silver worth up to Rs. 50,000 on any given day.

    *Subject to availability
    ** Delivery of gold / silver will only be made post realisation of the cheque.