Gold Savings Schemes: How They Work and What to Check
A gold savings scheme lets you pay a fixed amount every month and buy jewellery at the end, often with benefits like lower or zero making charges. It is a popular way to plan for weddings and festivals.
How a typical scheme works
- You choose a monthly amount.
- You pay it every month for a fixed period.
- At the end, you use the total to buy jewellery, often with a benefit from the jeweller.
What to check before you join
- Is your money turned into gold each month? If each payment buys gold at that day’s rate, you are protected if prices rise.
- What is the benefit? Zero making charges, zero wastage, a bonus instalment, or a discount.
- What can you buy? Some schemes exclude coins or certain items.
- What if you miss a month? Ask how late or missed payments are handled.
- Can you close early? Ask what you receive if you stop midway.
- Get receipts for every payment.
The Sri Darshan Gold savings scheme
- Choose a monthly amount: ₹10,000, ₹20,000, ₹50,000, ₹1,00,000, ₹1,50,000 or ₹2,00,000.
- Pay for 11 months. Each payment is converted to gold at that day’s rate, so you build gold, not just savings.
- In the 12th month, take your jewellery with no making charges and no wastage.
Savings scheme or Gold Re:New?
If you want to save from your monthly income, the savings scheme suits you. If you already have old gold at home, SDG Gold Re:New lets you give that gold today and redeem it after 6 months for new jewellery with 0% making charges, 0% wastage and 10% off diamond and stone charges (conditions apply).
Questions people ask
How long is the Sri Darshan Gold scheme?
You pay for 11 months, and take your jewellery in the 12th month.
What is the minimum monthly amount?
Plans start at ₹10,000 a month and go up to ₹2,00,000 a month.
Are making charges free in the scheme?
Yes. In the 12th month you take your jewellery with no making charges and no wastage.
Visit Sri Darshan Gold, Somajiguda
Vista Grand Tower, 4th Floor, Somajiguda, Hyderabad. Open every day, 10:30 am to 7:30 pm. Our team explains purity, weight and every charge line by line before you buy.
Ask us on WhatsApp See today’s gold rateTurn your old gold into something new.
Give your old gold today. After 6 months, redeem it for new jewellery.
*Conditions apply
Pay 11 months. Get jewellery with no making charges.
Every monthly payment turns into gold at that day’s rate. In the 12th month, take your jewellery with zero making charges and zero wastage.
Your budget, our jewellery.
Tell us how much you want to spend and what you have in mind. We design a piece that fits your budget, in 22K, 18K, 14K or 9K gold.