The Future Plus Gold Jewelry Scheme from Thangamayil Jewellery Limited offers an attractive investment opportunity for those looking to purchase gold jewelry with added benefits. This scheme is tailored for individuals who prefer a one-time investment approach to accumulate gold and enjoy substantial discounts on jewelry purchases. Below is an overview highlighting the key features and benefits of the Future Plus scheme.
Available to individuals who are 18 years and above.
Customers can join the scheme with a minimum investment of Rs. 15,000, allowing for a straightforward and substantial initial contribution.
On joining, customers accounts are credited with gold equivalent to their payment at the current 22 karat gold price, securing their investment against gold price fluctuations.
Culminates on the 330th day from joining, with a 35-day window post-maturity for redemption, aligning savings with future financial planning.
The scheme matures at 330 days from the date of joining, with a redemption period of 35 days post-maturity to avail the benefits.
A significant 75% discount on wastage and making charges for gold jewelry and a 60% discount for Gold JewelOne and diamond-studded gold jewelry.
An enticing 100% discount on wastage and making charges for silver regular items, encouraging diversity in investments and jewelry collection.
The gold rate is locked in at the time of payment, protecting the investment from market volatility.
Upon maturity, customers can choose from a wide range of gold, diamond, and silver jewellery available at all Thangamayil branches.
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.
Payments made towards the scheme cannot be refunded but are instead credited as gold, which can be redeemed as jewelry.
Customers are responsible for GST and any other additional charges applicable at the time of redemption.
A minimum lock-in period of 90 days is required, after which customers can still obtain gold jewelry equivalent to their investment without the scheme's benefits if they choose to exit.
The Future Plus Gold Jewelry Scheme is an excellent choice for customers looking for a one-time investment opportunity in gold. It combines the security of a fixed investment with the flexibility and benefits of discounted jewelry purchases. This scheme is particularly appealing for those planning to make significant gold purchases, offering a locked-in gold rate at the time of investment and substantial discounts on wastage and making charges, making it a smart financial decision for gold investors and jewelry enthusiasts alike.
