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Tuesday, 28 August 2012

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'Gold coin at your wedding day scheme' gaining popularity



A lucky recipient of a gold coin presented on her wedding day by Managress of the BOC Kollupitiya 2nd KCK Wijewardena, Deputy Manager T.C.K. Somathileke is also present.

The Bank of Ceylon recently, gifted the eleven thousandth's (11,000) gold coin to a young woman on her wedding day under the 'Gold coin at your wedding day scheme.'

The scheme is fast gaining ground in both the North and East, where the Bank of Ceylon has 58 and 52 branch offices respectively. The predominantly Tamil population in these districts, have special reverence for gold, said a spokesman for the BoC Marketing Division.

In addition, the scheme has proved popular in both Kandy and Colombo amongst all strata of society. The eligibility to enter the scheme is to maintain an account of Rs.100,000 for a one year, said the Managress of the BoC Kollupitiya 2nd K.C.K.Wijewardena.

Inaugurated in 2011, the scheme had become immensely popular amongst brides, she explained. "All that is required is for a prospective bride who is an account holder, to inform the branch one a week before her wedding date. On her wedding day, she is entitled to receive a gold coin. At its inception, a soverign was gifted. But since 2006 , a 3.11gramme coin valued at Rs. 27,00 is gifted said a spokesman for the BoC Gold shop.

The gold under the brand name 'Canadian Maple Leaf' retains a 999.9 purity and is directly imported, he explained. Just over 1000 coins are sold annually, he revealed. In contrast the gold in the local market has a purity of 965, he added.

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