India Map ::  Banks Authorized to Import Gold or Silver in India

Banks Authorized to Import Gold or Silver in India

In olden days, banks were allowed only to deal with money. They were not allowed to deal with gold and silver. Now a days this is not the case, since the market of gold and silver is very good and is producing more gain for the investors, sellers and consumers. So, both the public sectors and private sector banks are showing interest in importing gold and silver.

The Reserve Bank of India allows the banks to import the gold and silver.
They hold the complete control over the banks. Recently, reserve bank allowed four more banks to import gold and silver. The head quarters of Allahabad bank in Kolkata,

west Bengal is authorized to import gold and silver. The Anna salai branch of Indian overseas bank is authorized to import gold and silver. In Mangalore, near pandeshwar the corporation bank authorized to import gold and silver.

The Canara bank's branch in Bangalore, State bank of India banks branch in Mumbai and Union bank's branch in nariman point are also authorized to import gold and silver.

Some of the private banks are also allowed to import gold and silver. The kotak Mahindra bank, ICICI bank, Dena bank, HDFC bank and Syndicate bank are some of the authorized private banks.

Banks Authorized to Import Gold or Silver

Name Address State Telephone Fax No.
Allahabad Bank Head Office, 2 N.S. Road Kolkata - 700001 West Bengal 033-22319144  033-22107425 
Bank of Nova Scotia  82 "C" Wing, Mittal Tower, 8th Floor, Nariman Point, Mumbai - 400 021  Maharashtra  (91-22) 22836765 (91-22) 6655 1056 
Bank of India Star House, C - 5, "G" Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051  Maharashtra  022-66684444 
Canara Bank Head Office, M & CRM Wing, No.112, Head Office, Bangalore Karnataka 080 – 22239295
Corporation Bank Corporate Office, Mangladevi Temple Road, Pandeshwar, Mangalore 575 001  Karnataka 91 - 824 - 2426416 
91 -824 -2440964
Dena Bank Dena Corporate Centre, C-10, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Maharashtra  (022) 26545758
HDFC Bank Ltd. Ramon House, 169, Backbay Reclamation, H T Parekh Marg, Churchgate, Mumbai - 400 020  Maharashtra  91 (22) 66316000
91 (22) 22048834
ICICI Bank Ltd. 9th Floor, South Towers, ICICI Towers, Bandra Kurla Complex Bandra (E), Mumbai Maharashtra  91-022-653 7914 
Indian Overseas Bank Head Office, Central Office 762, Anna Salai, P.B.No.3765 Chennai-600 002  Tamil Nadu 044-28519445
IndusInd Bank Ltd. 701/801 Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri - (E), Mumbai - 400 093  Maharashtra  022 6641 2200 022 6641 2224
Oriental Bank of Commerce Harsha Bhawan, E- Block, Connaught Place, New Delhi – 110001  Delhi 91-11-23417121 91-11-23310013 
Punjab National Bank Street 7, Bhikaji Cama Place, New Delhi 110066  Delhi 91-11-26102303
State Bank of India Corporate Centre, Madame Cama Road, Mumbai - 400 021  Maharashtra 
Union Bank of India  239 Vidhan Bhavan Marg, Central Office, Nariman Point, Mumbai -21  Maharashtra  (022) 22892000
Axis Bank Limited 131, Maker Tower - F, Cuffe Parade, Colaba, Mumbai - 400 005. Maharashtra  (022) 6707 4407 (022) 2218 6944
Indian Bank PB No.1384, 66, Rajaji Salai, Chennai 600 001  Tamil Nadu 044-25233231 044-25231278
Kotak Mahindra Bank Ltd. Bakhtawar, II nd Floor, 229, Nariman Point, Mumbai 400021  Maharashtra 
Syndicate Bank Head Office, Post Box No.1, Manipal 576 104, Udupi  Karnataka  0820 2571181  0820-2570266      
Federal Bank Ltd. Federal Towers, Aluva - 683 101  Kerala 91-484-2623620  91-484-2622672 

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