Buy jewellery of your choice without wastage or making charges!
After analysing many gold savings schemes offered by jewellers, we reached the following conclusion:
GRT Jewellers Golden Seed Scheme is the best available currently for purchasing jewellery of your choice without paying exorbitant wastage and making charges.
Benefits:
- The monthly instalment is converted into equivalent weight in gold
- At the end of the period you can purchase jewellery or coins for the accumulated weight of gold from any GRT Showroom
- You get the advantage of averaging out of the gold price
- You can make your fixed monthly investment anytime during the month
- Upto 18% wastage (value addition) charge is waived off on your purchase upto your accumulated weight
- Zero making charge
- VAT is borne by GRT Jewellers
Example:
- The cost of 1g of 22 carat gold is Rs.3000 on 2Nov12 and you start your investment on that day
- In 15 months, gold price has fluctuated between 2800 to 3200 and you have accumulated 15 grams in January 2014
- You can purchase jewellery for 15 grams with upto 18% wastage and you won’t have to pay any charges
- If your purchase is more than 15grams, e.g. 20grams, you need to pay 18% wastage for the extra weight i.e. 5grams
- If your ornament weighs 20grams and has a wastage higher than 18%, e.g. 22% , then you have to pay 4% wastage on 15g and 22% wastage on the extra weight viz 5grams