InvestorQ : What are some of the famous gold saving schemes in India?
Sakshi Malhotra made post

What are some of the famous gold saving schemes in India?

Answer
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Anusha Savla answered.
1 year ago


Indians love for gold knows no bounds. It is no wonder then that India is one of the largest consumers of the yellow metal in the world. However, many Indians are now taking to purchasing gold via the gold savings scheme offered by many jewellers vis-à-vis owing jewellery, gold coins, bars, etc.

The reason is that gold savings scheme are handy wherein you can buy jewellery or gold ornaments in advance and payback in a staggered manner.

These gold saving schemes allow individuals to plan for various life events and acts like a recurring deposit.

A few famous gold saving schemes offered by Indian jewellers are:

- GRT Golden Eleven Flexi Plan

- Tanishq’s Golden Harvest

- PC Jeweller’s Jewels for less

- Malabar Gold and Diamonds Smart Buy Scheme

- Malabar Gold’s Golden Gain Plan

- Jos Alukkas’ Swarnanidhi