Lucknow today news: Lucknow, known for Najakat-Nafasat and Tehzeeb and cultural heritage, is now becoming a center of economic and technological innovations. In this episode, under a historical initiative, the country’s first physical gold leasing center started in Gol Market in Mahanagar, Lucknow. This center has been launched by Lucknow’s Homegron Fintech Startup MyGold, which is trying to convert gold into a modern investment option.
This unique platform is the result of the foresight of Amol Bansal, founder of BK Saraf Jewelers. Through the BK Saraf, synonymous with credibility in Lucknow for 90 years, Amol Bansal is now taking big steps towards making gold, which have been inactive in homes for years.
The Gold Leasing Center was inaugurated on Sunday with traditional worship, after which Amol Bansal started the center by cutting the ribbon. He made the present guests visit the center and introduced the state -of -the -art techniques installed there. Gold is melted through these high -tech machines, its purity is tested by carat meter. And this whole process is in front of the customer’s eyes.
Initiative to make India a gold bird again
On this special occasion, Amol Bansal said that our biggest strength is transparency. Every process is revealed here, so that there is no scope for doubt and fraud. He said that the purpose of Mygold is to make about 25,000 tons of inactive gold financially active in the country. This effort also contributes to PM Modi’s $ 5 trillion dollar economy, as well as an important role in the Economy Vision of 1 trillion $. Economy Vision of the Government of Uttar Pradesh.
How does mygold model work?
Customers bring goldless gold to the center to the center.
There it is melted and recorded in digital form based on a 24 -carat gold value.
This data is directly safe in the MyGold app.
This gold is then given to reliable jewelers on lease.
In turn, the customer gets 5 percent additional gold every year as interest in weight.
Through this model, where customers get interest on passive gold, the jewelers get gold without interest, which improves their cash flow. At the same time, the pressure of gold imports on the country’s economy also decreases.
Nationwide expansion from Lucknow
Its first physical center has been started in Lucknow, but the MyGold app is available all over India. Through this app, people from all over the country can take advantage of this transparent service digitally and give gold investment a new, modern and reliable form.
Fintech and confluence of tradition
This initiative of Mygold not only connects traditional investment with technology, but also has the power to change people’s thinking. This is a major step towards establishing Uttar Pradesh firmly on India’s Fintech Innovation Map, where trust, technology and income run together.
