India is one country where gold is considered as an asset and as an investment. It is considered to be auspicious and buying of gold is essential on any auspicious ceremony.
A lot of savings and investments go into the purchase of gold. Jewelers across the country have worked on this and come up with some gold savings schemes wherein you can mobilize gold. This article explores some of those options.
• GRT Golden Eleven Flexi Plan
This South Chennai based jeweler has come up with this innovative plan wherein customers pay for 11 months (all of which will be advance increments) towards purchase of ornaments. On maturity the customer is free to choose an ornament of his or her choice. The point to be noted here is the fact that all the 11 installments here have to be equal in nature.
• Tanishq Golden Harvest Scheme
This scheme comes in two deposit periods of 6 months and a year and customers are free to choose their pick. Here customers invest a nominal sum every month and at the end of the maturity period they are able to purchase gold at a discounted rate.
• Bhima Gold Tree Purchase Plan
Similar to the plans discussed previously, here also one has to make advance payments. However the advance payment here needs to be in multiples of Rs. 250. There is no fixed tenure here and one can invest in this scheme for as long as they are comfortable with it.
• PNG Suvarna Poornima Plan
This plan is similar to the other sin its basic structure but offers its customers many added advantages like the option of online registration and a good discount on making charges. Other than that if you are a prompt payer and have consistently paid your share for 11 months, the gold cost for the 12th month for you would be borne by the jeweler.
You can this pick and choose from other jewellers as well and we have just given you a list of few.