Bhima Jewellery Gold Schemes

Under the EMA plan, customers make 11 equal monthly payments. On maturity, the entire amount can be used to purchase BIS Hallmarked 22 karat gold jewellery or gold coins. A key benefit of the plan is that customers are not charged any value addition or making charges on eligible purchases.  

However, if the selected jewellery exceeds the eligible weight, the customer will need to bear the additional gold cost and associated making charges. GST will be applicable on all purchases. Additionally, a free gold coin is offered for every Rs. 8,000 enrolled in the plan, adding further value to the investment. 

Redemption Process: 

This plan is exclusively available online and must be both enrolled in and redeemed through the official website. Upon completion of the plan term, customers can visit bhimagold.com to browse the available jewellery collection. By entering their scheme details at checkout, they can seamlessly apply their accumulated balance towards the purchase. All orders are securely packed and shipped for home delivery. For further assistance or to explore redemption options, customers are encouraged to contact the support team. 

Illustrative Example of Plan Benefits: 

1. Monthly Instalment: Rs. 10,000 

1. Number of Instalments: 11 

1. Total Amount Paid: Rs. 1,10,000 

1. Standard Making Charges: 20% 

1. Benefit Provided: Rs. 22,000 

1. Total Redemption Value: Rs. 1,32,000 

Benefit Overview: 

With this plan, you pay a total of Rs. 1,10,000 over 11 months. Upon maturity, you can redeem the full amount to purchase gold jewellery without any making charges, typically 20%. This example translates to a saving of Rs. 22,000, giving you a redemption value of Rs. 1,32,000. 

Kubera Plan  

The Kubera Plan is a structured gold savings scheme designed to help customers accumulate gold over 11 months through fixed monthly payments. Participants contribute a minimum of Rs. 2,000 per month or higher in multiples of Rs. 1,000. Each monthly instalment is converted into the equivalent weight of 22 karat gold based on Bhima's prevailing gold rate on the date of payment. This gold weight is credited to the customer's Kubera EMA account month after month. 

How the Plan Works: 

Throughout the 11-month term, the gold equivalent of the value of each payment is credited to the customer's account. This ensures that the amount invested is protected against fluctuations in gold prices. By the end of the term, the accumulated gold can be redeemed to purchase BIS Hallmarked 22 karat gold jewellery or coins. 

One of the key advantages of the Kubera Plan is the flat 50% discount on value addition (VA) or making charges at the time of redemption. This benefit applies to the entire accumulated gold weight and helps customers save significantly on their jewellery purchases. 

Redemption Process: 

After completing all 11 monthly instalments, customers can use their accumulated gold weight to select jewellery or gold coins of their choice. The flat 50% reduction on VA/making charges adds to the overall value of the plan, making it a cost-effective option for long-term buyers. 

The Kubera Plan not only encourages disciplined savings but also shields your investment from rising gold prices while offering attractive discounts at the time of purchase. 

Illustration Example of Plan Savings: 

1. Monthly Instalment: Rs. 10,000 

1. Duration: 11 Months 

1. Standard Making Charges: 20% 

1. Total Gold Accumulated: 12.102 grams 

1. Benefit Received: 1.210 grams 

1. Total Redemption Weight: 13.312 grams 

Benefit Overview: 

By contributing Rs. 10,000 each month for 11 months, you accumulate 12.102 grams of 22 karat gold based on the prevailing rates at the time of each payment. Upon maturity, you receive a flat 50% discount on making charges applicable to this accumulated gold. In this case, the savings are equivalent to an additional 1.210 grams of gold, bringing your total redemption value to 13.312 grams. 

Samruddhi Plan  

The Samruddhi Plan is a popular gold savings scheme designed for individuals looking to invest in gold jewellery while enjoying savings on making charges. The plan runs for 11 months, during which participants make fixed Easy Monthly Advance (EMA) payments starting from Rs. 1,000 per month or more, in multiples of Rs. 1,000. 

How the Plan Works: 

Customers contribute the same amount every month over the 11-month term. At the end of the period, the total amount paid can be used to purchase BIS Hallmarked 22 karat gold jewellery or gold coins. A key benefit of the plan is a discount of up to 20% on value addition (VA) or making charges during redemption. This ensures that a larger portion of your investment goes directly toward gold value rather than additional charges. 

Benefits 

By the end of the plan term, participants are eligible for up to 20% off on VA/making charges when buying gold jewellery or coins. For jewellery where the making charges exceed 20%, customers will only need to pay the difference beyond the plan's covered benefit. 

Redemption Process 

Upon completion of all 11 EMAs, customers can redeem the total amount paid and avail themselves of the making charge benefit. The Samruddhi Plan is especially favoured by customers who wish to ensure that their investment is used primarily for gold value rather than additional charges. It allows buyers to get more value for their money, with discounts reducing the overall cost of purchase. With the Samruddhi Plan, you save consistently and enjoy substantial cost benefits when buying gold jewellery, all while securing your purchase with BIS Hallmarked 22 karat quality. 

Illustrative Example of Plan Benefits 

1. Monthly Instalment: Rs. 5,000 

1. Duration: 11 Months 

1. Total Amount Paid: Rs. 55,000 

1. Standard Making Charges: 20% 

1. Benefit Availed: Rs. 11,000 

1. Total Redemption Value: Rs. 66,000 

Benefit Overview: 

Over the 11-month period, a total of Rs. 55,000 is contributed. At maturity, you can use this full amount to purchase BIS Hallmarked 22 karat gold jewellery or coins. With up to 20% off on making charges, you save Rs. 11,000, effectively increasing your purchasing value to Rs. 66,000. This means you pay no making charges on gold products worth Rs. 55,000 under this plan. 

Ratna Plan 

The Ratna Plan is a unique 11-month jewellery savings scheme tailored for those who appreciate both diamonds and gold. Through fixed monthly contributions, it offers attractive discounts on jewellery purchases upon completion of the plan. 

How the Plan Works: 

Participants contribute a fixed Easy Monthly Advance (EMA) of Rs. 5,000 or more (in multiples of Rs. 1,000) each month for 11 months. At the end of the term and 30 days after the final instalment is made, the member becomes eligible to redeem the accumulated amount and enjoy exclusive benefits. The plan offers two redemption options: 

1. Diamond Jewellery: Members can purchase BIS Hallmarked Diamond Jewellery and receive a discount equal to two months of their total contributions. 

1. Gold Jewellery: Alternatively, members can choose 22 karat BIS Hallmarked Gold Jewellery and receive a discount equivalent to one month's contribution. 

Benefits: 

1. Get a discount equivalent to two EMAs when purchasing diamond jewellery. 

1. Get a discount equivalent to one EMA when opting for gold jewellery. 

1. Flexibility to choose between diamond or gold at the time of redemption. 

1. All gold jewellery comes with BIS Hallmark certification, ensuring purity and quality. 

Redemption Process: 

After the 11th month's payment is completed and a 30-day period has passed, members can redeem the total value and avail of the respective discount on their selected jewellery. Whether you prefer timeless diamonds or traditional gold, the Ratna Plan gives you the freedom to decide, along with added savings. 

Designed for those with a taste for elegance, the Ratna Plan is a practical way to own fine jewellery while benefiting from exclusive discounts based on disciplined monthly savings. 

Illustrative Example of Plan Savings: 

1. Monthly Instalment: Rs. 10,000 

1. Number of Instalments: 11 

1. Total Amount Paid: Rs. 1,10,000 

Redemption Options: 

1. For Diamond Jewellery: Eligible for a discount equal to two months' contribution (Rs. 20,000) 

1. For Gold Jewellery: Eligible for a discount equal to one month's contribution (Rs. 10,000) 

Benefit Overview: 

By contributing Rs. 10,000 per month for 11 months, the total savings amount is Rs. 1,10,000. Upon maturity, if you opt for diamond jewellery, you receive an additional benefit of Rs. 20,000, bringing the total value you can redeem to Rs. 1,30,000. This effectively gives you a Rs. 20,000 advantage on your purchase.