BusinessPhoto: NDTV BusinessJewellers' Gold Savings Schemes Offer One Month Free Gold: Is It True?
Gold savings schemes by Indian jewellers let customers pay monthly installments for 11 months and receive gold equivalent to the 12th month free. Minimum payments start at Rs 1,000. After completion, customers can redeem the accumulated amount or gold weight to buy jewellery, often with discounts on making charges. The actual benefit depends on terms, gold prices, redemption rules, and other charges.
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