11+1 monthly gold savings scheme: Key things you should know
Live MintCelebrations during the festive season around October and November seem incomplete without buying some gold jewelry every year in most Indian households. For people who can afford even a small amount every month, gold jewelers have on offer special monthly schemes where the investors put in a fixed sum every month and redeem it in form of jewelry after 12 months. Jos Alukkas Easy Buy Gold Purchase Plan : Jos Alukkas Easy Buy is an online Gold Scheme created exclusively for saving and purchasing gold products. GRT Golden Eleven Flexi Plan: GRT Golden Eleven Flexi Plan is a monthly gold scheme. The customer is entitled to buy the jewelry on the 12th month and “if the member does not purchase jewelry within the 12th month from the date of enrollment”, the company may opt to refund the total advance amount paid without any benefit and the same will be sent directly to the member’s registered address by cheque or through bank transfer.