Despite the soaring prices of gold, here's some reason to feel good for all the government officials, who are willing to purchase goldcoins this festive season.
For the ongoing festive month, the Post Office department has launched a scheme to give a rebate of 6 per cent on the purchase of gold coin from September 24 till October 24 to all the government officials.
Besides this, a scheme for general customers was also launched where 0.5 gram gold would be given free to all those who would purchase 10 gram gold from the post office. Krishna Kumar Yadav, chief postmaster said, "To avail this scheme, the customers are required to buy two coins of 5 gm each or a single coin of 8 gm or two coins of 1 gm each. Out of these two schemes a customer can only opt for one."
Notably, all across the country the Indian Postal Department along with a private financial firm is selling 24 carat gold coins to all the post offices. In Kanpur, GPO is the sole service provider of this scheme.
The chief postmaster also mentioned that the gold coins of weight 0.5 gm, 1 gm, 5 gm and 8 gm are available in post office. These gold coins are manufactured by Valcambi Switzerland and are 99.99 per cent pure. To beautify them, they are also packed in silver cover. The GPO has already earned Rs 2,78000 by selling these gold coins.
Source: timesofindia.indiatimes.com
