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{{Short description|World's first gold-dispensing ATM}}
'''Goldsikka ATM''' is an automated teller machine in [[Hyderabad]] which is India's first <ref>{{Cite web |title=World's First Real Time Gold Atm Machine in Hyderabad INDIA {{!}} Goldsikka |url=https://goldsikka.com/gold-atm |access-date=2022-12-12 |website=goldsikka.com |language=en}}</ref><ref>{{Cite web |date=2022-12-06 |title=Gold ATM in Hyderabad pitched as first-of-its kind{{!}} 5 points |url=https://www.hindustantimes.com/india-news/gold-atm-in-hyderabad-pitched-as-first-of-its-kind-5-points-101670286815945.html |access-date=2022-12-06 |website=[[Hindustan Times]] |language=en}}</ref> and the world's first real time gold ATM.<ref>{{Cite web |date=2022-12-06 |title=India gets world’s first gold ATM in Hyderabad; here’s how it works |url=https://www.businesstoday.in/latest/corporate/story/india-gets-worlds-first-gold-atm-in-hyderabad-heres-how-it-works-355349-2022-12-06 |access-date=2022-12-06 |website=[[Business Today (India)|Business Today]] |language=en}}</ref><ref>{{Cite web |date=2022-12-04 |title=Golden news for city of Nizams: Hyderabad gets India's first real time Gold ATM |url=https://www.timesnownews.com/hyderabad/golden-news-for-city-of-nizams-hyderabad-gets-indias-first-real-time-gold-atm-article-95982570 |access-date=2022-12-06 |website=[[TimesNow]] |language=en}}</ref>

== History ==
It was launched by Goldsikka Pvt. Ltd. with the collaboration of OpenCube Technologies Pvt. Ltd. in 3 December 2022 at Ashoka Raghupathi Chambers, [[Begumpet]].<ref>{{Cite web |date=2022-12-04 |title=Hyderabad: India's first gold ATM launched at Begumpet |url=https://www.siasat.com/hyderabad-indias-first-gold-atm-launched-at-begumpet-2471885/ |access-date=2022-12-06 |website=[[The Siasat Daily]] |language=en-US}}</ref><ref>{{Cite web |title=India’s 1st gold ATM comes up in Hyderabad |url=https://www.newindianexpress.com/cities/hyderabad/2022/dec/05/indias-1st-gold-atm-comes-up-in-hyderabad-2525151.html |access-date=2022-12-06 |website=[[The New Indian Express]]}}</ref><ref>{{Cite web |title=Hyderabad gets India's first real-time Gold ATM |url=https://www.aninews.in/news/national/general-news/hyderabad-gets-indias-first-real-time-gold-atm20221205224330/ |access-date=2022-12-06 |website=[[ANI News]] |language=en}}</ref><ref>{{Cite web |date=2022-12-05 |title=India’s first gold ATM comes up in Hyderabad |url=https://www.firstpost.com/india/indias-first-gold-atm-comes-up-in-hyderabad-11753171.html |access-date=2022-12-06 |website=[[Firstpost]] |language=en}}</ref> It was inaugurated by [[Vakiti Sunitha Laxma Reddy]], Chairperson of [[Telangana Women's Commission]].<ref>{{Cite web |title=Country's first gold ATM inaugurated in Hyderabad |url=https://www.etvbharat.com/english/national/state/telangana/countrys-first-gold-atm-inaugurated-in-hyderabad/na20221204153740798798813 |access-date=2022-12-06 |website=[[ETV Bharat News]]}}</ref>

== Functions ==
It can dispense gold coins ranging from 0.5 grams to 100 grams.<ref>{{Cite web |date=2022-12-04 |title=India’s first gold ATM and world's first real time gold ATM launched in Hyderabad |url=https://telanganatoday.com/indias-first-gold-atm-and-world-first-real-time-gold-atm-launched-in-hyderabad |access-date=2022-12-06 |website=[[Telangana Today]] |language=en-US}}</ref><ref>{{Cite web |date=2022-03-18 |title=First gold ATM of India to be launched in Hyderabad |url=https://munsifdaily.com/news/regional-news/hyderabad-news/first-gold-atm-of-india-to-be-launched-in-hyderabad/ |access-date=2022-12-06 |website=[[The Munsif Daily]] |language=en-US}}</ref><ref>{{Cite web |title=Hyderabad gets India's first real-time Gold ATM |url=https://timesofindia.indiatimes.com/business/startups/companies/hyderabad-gets-indias-first-real-time-gold-atm/articleshow/96026915.cms |access-date=2022-12-06 |website=[[The Times of India]] |language=en}}</ref> In the machine, people can use credit or debit card.<ref>{{Cite news |title=Hyderabad gets India's first real-time Gold ATM |work=[[The Economic Times]] |url=https://economictimes.indiatimes.com/news/india/hyderabad-gets-indias-first-real-time-gold-atm/articleshow/96016789.cms |access-date=2022-12-06}}</ref> It gives [[24/7 service]] to their customers<ref>{{Cite web |date=2022-12-04 |title=India's first Gold ATM launched in Hyderabad |url=https://www.thehansindia.com/news/cities/hyderabad/indias-first-gold-atm-launched-in-hyderabad-771810 |access-date=2022-12-06 |website=[[The Hans India]] |language=en}}</ref> and also gives the live price of gold.<ref>{{Cite web |last= |first= |date=2022-12-06 |title=Buy gold at ATMs: India's first gold ATM comes up in Hyderabad |url=https://www.livemint.com/news/india/buy-gold-at-atms-india-s-first-gold-atm-comes-up-in-hyderabad-11670294495343.html |access-date=2022-12-06 |website=[[Live Mint]] |language=en}}</ref> The gold will be of [[24 carat]] and can store 5 kg gold.<ref>{{Cite web |date=2022-12-06 |title=India First: Gold ATM Launched In Hyderabad {{!}} What It Is And How To Use It |url=https://english.jagran.com/business/world-first-gold-atm-launched-in-hyderabad-10056483 |access-date=2022-12-06 |website=[[Dainik Jagran]] |language=en}}</ref><ref>{{Cite web |title=India gets world's first-ever 'Gold ATM', here's where it is located, how you can use it, and all you need know |url=https://www.freepressjournal.in/india/watch-india-gets-worlds-first-ever-gold-atm-heres-where-it-is-located-how-you-can-use-it-and-all-you-need-know |access-date=2022-12-06 |website=[[The Free Press Journal]] |language=en}}</ref> It gives pure and hallmarked gold coins.<ref>{{Cite web |date=2022-12-06 |title=Gold Dispensing ATM ‘Spotted’ In Hyderabad |url=https://www.india.com/business/gold-dispensing-atm-spotted-in-hyderabad-5784032/ |access-date=2022-12-06 |website=[[India.com]] |language=en}}</ref> Its price is updated from the [[London bullion market]].<ref>{{Cite web |date=2022-12-06 |title=World’s First Real-Time Gold ATM Makes Debut in Hyderabad |url=https://www.news18.com/business/savings-and-investments/worlds-first-real-time-gold-atm-makes-debut-in-hyderabad-6549991.html |access-date=2022-12-06 |website=[[News18 India]] |language=en}}</ref> Its coins are dispersed in packs which are tamper proof and certified with 999 purity.<ref>{{Cite web |date=2022-12-04 |title=Now, gold can be bought from an ATM too |url=https://www.thehindubusinessline.com/markets/gold/now-gold-can-be-bought-from-atm-too/article66222236.ece |access-date=2022-12-06 |website=[[Business Line]] |language=en}}</ref> The ATM will return money to bank if there will be any failed transaction.<ref>{{Cite web |date=2022-12-06 |title=Now, you can buy gold at ATMs — Here's how it works |url=https://www.cnbctv18.com/personal-finance/now-you-can-buy-gold-at-atms-heres-how-it-works-15337731.htm |access-date=2022-12-06 |website=[[CNBC TV18]] |language=en}}</ref>

== References ==
<references />

[[Category:Automated teller machines]]
[[Category:Computer-related introductions in 2022]]

{{India-stub}}

Goldsikka ATM - Revision history

Ajay Kumar: Add new article