Friday, February 16, 2007

Gold Bars from Kotak Bank

Kotak Bank is offering 24 carat gold bars (99.99% purity). ICICI Bank sells gold from the same source (PAMP of Switzerland).

There are two differences between the two banks.

  1. Kotak Bank's web site has a link to their gold page right in the middle of their home page. ICICI Bank's Gold Page is hidden in the Investments page.
  2. Kotak Bank publishes the day's gold rate on their gold page. ICICI Bank does not. You have to call the nearest branch of ICICI (if you know somebody there and have a phone number) or actually go to the bank to get the gold rate. I end up calling my private banking manager whenever I want the rate.
I will check out Kotak's product soon and will write about it again.

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