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Maximizing Axis Magnus every month (GFTYR/GrabDeals) by buying Gold from TATACLIQ(5X) OR AJIO (10X) etc

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NeerajNegi said:
spandana-sphoorty 11.8% return and interest will be given per month.
Keep in mind to read all t&c and make your decision not a financial advice 😉

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Bhai - nahi chahiye - waiting till 2025 is a difficult ask.

Will go with this plan - looks more lucrative- gold mining karenge 🙂
 
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Bought 2gms Tanishq gold + one Rs 270 chopper from Tatacliq using:
10k from Magnus Welcome voucher
2k Tatacliq GC from Gyftr
2k Tatacliq GC from Cliq (redeemed 2 days back for 1:1)
paid balance Rs 69 from card.

Was not able to order from TataNeu, because with free delivery on the chopper the banace was 70 paisa, which somehow the app was not letting me pay with any of the listed payment methods. So ordered with Tatacliq website.
 
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Vbhoj74 said:
Bought 2gms Tanishq gold + one Rs 270 chopper from Tatacliq using:
10k from Magnus Welcome voucher
2k Tatacliq GC from Gyftr
2k Tatacliq GC from Cliq (redeemed 2 days back for 1:1)
paid balance Rs 69 from card.

Was not able to order from TataNeu, because with free delivery on the chopper the banace was 70 paisa, which somehow the app was not letting me pay with any of the listed payment methods. So ordered with Tatacliq website.
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Can we sell it offline? If yes, do they give full amount or they deduct some amount?
 
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aniruddhaadhe said:
Can we sell it offline? If yes, do they give full amount or they deduct some amount?
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No, they will deduct 3%, so you will ultimately lose around 6% - 3% to GST and 3% during the selling process. You will receive the full amount only if you exchange it for ornaments (where you will still lose due to ornament making charges).

(In Kerala)
 
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aniruddhaadhe said:
A

Agreed. But someday, maybe 5 years down, u would want to sell it or exchange with better jewellery. If shopkeeper won’t accept it or buy at lesser price, it won’t be a good investment.
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CMG said:
No, they will deduct 3%, so you will ultimately lose around 6% - 3% to GST and 3% during the selling process. You will receive the full amount only if you exchange it for ornaments (where you will still lose due to ornament making charges).

(In Kerala)
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Better answered by @CMG, but I was not thinking of how to redeem the value at a later date. At present my thought was to preserve the voucher value the best way we can.
 
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I do got the voucher from tata cliq, Even I to have an idea to purchase a gold coin but there are various brands and which one to choose from, does the gold price changes daily on tata cliq, as I can see 24k cost 6153 in chennai today if I include 3% gst on it it would be around 6338 but the price seems to be high and the gold rate has already at its peak, whether is it the right time to invest in gold, Pour your suggestions...Thanks....
 
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sridharkett said:
I do got the voucher from tata cliq, Even I to have an idea to purchase a gold coin but there are various brands and which one to choose from, does the gold price changes daily on tata cliq, as I can see 24k cost 6153 in chennai today if I include 3% gst on it it would be around 6338 but the price seems to be high and the gold rate has already at its peak, whether is it the right time to invest in gold, Pour your suggestions...Thanks....
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Not good time as gold is already at peak, regarding 3% gst.
When you sell your coin remember what you google -2000 (market rate) right now , and you can then take per gram * amount of gold.
 
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sridharkett said:
I do got the voucher from tata cliq, Even I to have an idea to purchase a gold coin but there are various brands and which one to choose from, does the gold price changes daily on tata cliq, as I can see 24k cost 6153 in chennai today if I include 3% gst on it it would be around 6338 but the price seems to be high and the gold rate has already at its peak, whether is it the right time to invest in gold, Pour your suggestions...Thanks....
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This is what I bought. There would be no right price for gold, it only keeps rising, look at it for a very long term investment, for 1-2 gms it hardly matters.

Waise, I'm very bullish on gold, look at the charts, it has broken out after almost 3 yrs. SGBs are best for gold investment.

1680967776533.png
 
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NeerajNegi said:
spandana-sphoorty 11.8% return and interest will be given per month.
Keep in mind to read all t&c and make your decision not a financial advice 😉

GoldenPi: Buy Bonds, Debentures & Other Fixed Income Assets

GoldenPi is India's Trusted online platform to buy Bonds, Debentures, and other fixed-income assets in India. To know more about online bond investment, Get started!
goldenpi.com goldenpi.com
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Nice method!!

Credit card to Finance/Investment Advisor!!😎😎

Great Progress!!👍👍
 
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