Bangalore, November 1 2023: - In an event at Hotel Lalit Ashok, a revolutionary product was unveiled that is set to redefine the gold loan industry:an AI-based Gold Loan ATM machine known as GoldPe  APM (Automated Pawn Machine)
Vijay Rajagopalan, Founder and Patent Holder- GoldPe, said , "At Goldpe , we have always believed in the goodness of people to provide safe, effective solutions and Technological advacement for our customers (Banking, Financial Institutions & Public). GoldPe | APM is a state-of-the-art Automated Pawn Machine that leverages advanced Artificial Intelligence technology to provide instant gold loans. This machine is not only designed to analyse  Gold, it will also analyze platinum & silver and make loans more accessible, efficient, and secure for customers 24 x 7”.
The company will be introducing 4 Types of machines which will be suitable for different segmented Banking and Financial institutions. The team behind GoldPe | APM is committed to revolutionizing the gold loan industry with their innovative products. They plan to install these machines in various locations across the country, making gold loans more accessible to everyone.
The event saw the presence of  VP Nandakumar, MD & CEO (Manappuram Finance Ltd) and Sharangouda G. Patil, MD (Karnataka State Souharda Federal Cooperative Ltd)