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Gold Outright Sale

ICICI Bank offers gold in standard bar forms on outright sale basis. Bank imports physical bullion on consignment basis from London Bullion Market Association (LBMA) accredited international bullion suppliers and sells it to customers in India on outright basis. Jewellery manufacturers and traders can avail gold in standard bar form on upfront payment basis.

 
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Features and Benefits

Key features

  • Physical gold bars in standard form (LBMA good delivery)
  • Delivery of gold on upfront payment basis
  • Competitive pricing
  • Delivery at vault or at doorstep of the customer’s premises
  • Easy and immediate availability of gold at major centres

List of basic documents (not exhaustive)

  • Master gold Facility Agreement
  • Gold Purchase Facility Application Form
  • Authorisation letter for fixing price
  • Authorisation letter for receipt/ delivery of bullion
  • Authorised signatory list/ specimen signatory list
  • Photo ID and address proof of all the authorised members
  • Certified true copy of PAN card

 

For more details, please fill in our Form here and our executive would get in touch with you within 1 working day.

FAQ's on Gold Outright Sale

 
 

 

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