The SuperGold scheme from Thangamayil Jewellery Limited is a meticulously designed gold saving plan that offers customers a smart way to accumulate gold and enjoy significant benefits on jewelry purchases. Here's an overview highlighting the key features and benefits of the SuperGold scheme.
Open to individuals who are 18 years and above.
Customers can start saving with as little as Rs. 1000 and in multiples of Rs. 500 thereafter.
The scheme requires monthly installments for 11 months, with maturity on the 330th day from the date of joining.
Culminates on the 330th day from joining, with a 35-day window post-maturity for redemption, aligning savings with future financial planning.
Payments are converted into 22 karat gold weight based on the prevailing rates on payment day.
Members can avail a 75% discount on the wastage and making charges for gold jewelry and a 60% discount for Gold JewelOne products and diamond-studded gold jewelry.
For silver regular items, customers enjoy a 100% discount on wastage and making charges.
Upon maturity, customers can choose from a wide range of gold, diamond, and silver jewellery available at all Thangamayil branches.
The gold rate is locked in on the day of each payment, protecting customers from price volatility.
Installments can be paid directly at branches or through the Thangamayil DigiGold mobile app or website, ensuring ease of access and payment.
Since the scheme is being enrolled digitally, no physical passbook is required at the time of purchase rather you’ll be submitting a redemption request form along with OTP which sent to the registered mobile number.
Jewelry equivalent to the accumulated gold weight must be selected within 35 days post-maturity to avail the scheme benefits.
Installments paid towards the scheme cannot be refunded but must be redeemed as gold, diamond jewelry, or silver items.
Customers are responsible for paying GST and any additional charges like hallmarking on the selected jewelry.
Thangamayil's SuperGold scheme is an exceptional opportunity for individuals looking to invest in gold with added benefits. It not only facilitates systematic gold savings but also offers significant discounts on wastage and making charges, allowing customers to maximize their savings. This scheme is ideal for those aiming to build a gold portfolio while enjoying the flexibility and benefits that come with purchasing jewelry at reduced costs.
