Photo: Gitanjali Group
If you thought that gold bar-dispensing ATM we told you about last year was cool, wait until you hear about the ATM machine that was installed this weekend in Mumbai.The new ATM dispenses everything from gold and silver bars and coins to religious pendants and diamond studded jewelry, according to the Gitanjali Group, the Indian diamond manufacturer that installed the machine (via the Rapaport Report).
According to the company, the machine will be “ideally suited for last minute purchases on auspicious occasions and for gifting, providing instant gratification to the purchaser.”
Items dispensed from the machine will cost anywhere from $20 to $650, according to the Rapaport Report.
The company said it hopes to install additional gold-and-diamond ATMs in India’s airports, malls and temples.
Business Insider Emails & Alerts
Site highlights each day to your inbox.