Online Gold Purchase Plan

[Adith]

the plan is not available for hyd city .

Bro I have a 15k monthly scheme running that I took in Hyderabad . Just 3 months ago

 

[Channakya]

Bro I have a 15k monthly scheme running that I took in Hyderabad . Just 3 months ago

Ok , but when I have checked with Malabar website , Hyderabad city is not available .
If in case do you have any contact share the details .

 

[Adith]

Ok , but when I have checked with Malabar website , Hyderabad city is not available .
If in case do you have any contact share the details .

Here you go

Gold Jewellery Store in Telangana / Habsiguda, Hyderabad| Malabar Gold & Diamonds

Choose the latest design from Malabar's Gold & Diamond Jewellery Store in Telangana / Habsiguda, Hyderabad. Your perfect online shopping experience from our latest collection of jewellery. Shop Now!

www.malabargoldanddiamonds.com

 

[Channakya]

Here you go

Gold Jewellery Store in Telangana / Habsiguda, Hyderabad| Malabar Gold & Diamonds

Choose the latest design from Malabar's Gold & Diamond Jewellery Store in Telangana / Habsiguda, Hyderabad. Your perfect online shopping experience from our latest collection of jewellery. Shop Now!

www.malabargoldanddiamonds.com

I know the stores are available but , when I have checked online for the gold plan , there are only some states and no Telangana in it .

 

[Adith]

I know the stores are available but , when I have checked online for the gold plan , there are only some states and no Telangana in it .

Just go to the store and ask for the scheme. Once you enroll , pay online from the second month.

 

[Channakya]

Just go to the store and ask for the scheme. Once you enroll , pay online from the second month.

Ok , will do it !

 

[CC-Muncher]

Amazon pay showing up as payment option?

 

[CC-Muncher]

@Adith since when not available

 

[Adith]

@Adith since when not available

I never said it's not available. The dislike is for your comment asking a question that is already answered just a page earlier . Yes amazon wallet is available along with credit card option . UPI is available by default for all payment gateway pages .

 

[percolate]

If we don't like any jewellery at 12th month what are the options?
1. can we take 24kt gold coin?
2. can we wait a few months until we find the jewellery we like and buy with accumulated gold weight?

 

[HumorSimpson]

If we don't like any jewellery at 12th month what are the options?
1. can we take 24kt gold coin?
2. can we wait a few months until we find the jewellery we like and buy with accumulated gold weight?

Read TnC, each jeweler have their own rules. Or talk with them in the shop

 

[Hell_Kitty]

If we don't like any jewellery at 12th month what are the options?
1. can we take 24kt gold coin?
2. can we wait a few months until we find the jewellery we like and buy with accumulated gold weight?

Most probably yes you can buy Gold coin of lesser denomination upto 20gms. But you will be at loss if your plan has no making charges or reduced making charges .

 

[prash1161]

i want to invest some and forget n will sell gold in emergency
should i get coins from malabar?

 

[prash1161]

no upi /wallet options?

 

[pgarg24]

Anyone who has invested into Malabar gold plan know this? --> what's the difference in Malabar golden bloom and glow schemes? Bloom shows 18% off on making charges while gloom shows 14%... is the difference in the SIP amount..? coz both looks like 11 month plan.

 

[pgarg24]

no upi /wallet options?View attachment 70912

its not available for buying gold coins.. you have to start the scheme offline at their store and I think make initial payment and then you can make future 10 monthly payments online using wallets/cc.

 

[prash1161]

its not available for buying gold coins.. you have to start the scheme offline at their store and I think make initial payment and then you can make future 10 monthly payments online using wallets/cc.

so its beneficial for people who will be purchasing jewellery right?
that scheme will help to save making charges

 

[Dazzwilliams]

but i am from Hyderabad

Similar plans available at Lalitha jewelers and few others

 

[pgarg24]

so its beneficial for people who will be purchasing jewellery right?
that scheme will help to save making charges

Yup, looks like 14% making charges are removed in glow scheme.. not sure about the exact details.. will check in malabar shops around diwali when i go to my hometown.

 

[PaneerButterMasala]

Not sure what the logic is behind this . This is bad advice.

Buying gold via purchase plan is the best way to buy physical gold. And physical gold will always work as a safety cushion if you need to take loan with security. Some banks even provide gold loan for simple interest. Also , if you are getting married , you are anyhow gonna buy gold for atleast 2-5L or higher. Planning it properly via schemes will save you money and get you better returns for what you spend.


I just got one of my schemes matured . Put 10000 for 11 months. Got 18 gms of gold averaged at 6100 accumulated via the scheme and I bought that 18gms of gold at the jewellery store while the current price of gold was 6650 . I also saved up on making charges upto 14% .


As for OP's question, I see someone else already suggesting Malabar, and I use Malabar as well. From my research, their gold scheme is actually the best in India. They allow payment online via Amazon wallet and also via credit card .

What's the average making charges in Malabar?