Jewellery Savings Schemes

Save a small fixed amount every day for 11 months, then buy jewellery without VA (value addition) on what you saved.

Thangamalai Jewellers

Thangamalai Gold

Daily amount: ₹100 / ₹200 / ₹300 / ₹400 / ₹500 / ₹1,000

e.g. ₹100 a day saves ₹33,000 in 330 days.

Pay your fixed daily amount by UPI (Google Pay, PhonePe), card or net banking. Missed days can be paid together, any time up to the end of each 30-day cycle.
The scheme runs for 330 daily instalments (11 months). If some days are still unpaid at the end, the purchase date simply moves to when the last instalment is paid.
Your savings stay in rupees (not converted to gold weight). After completion, buy jewellery with no VA (value addition) on the gold your savings cover. VA is charged on any extra weight beyond your savings. 3% GST applies to the bill.
Buy within 3 months of completion. If you do not, your balance is sent to your bank account or by cheque to your address.
No cash refunds at any time. You may preclose early and buy jewellery with your savings, but the VA waiver does not apply on preclosure.
Thangamalai Jewellers is a BigShopes brand. Instalments are collected by BigShopes.