Malabar Gold Schemes

In India, gold is not only a precious commodity but also a valuable that is passed down generations. However, with gold prices, it has become difficult for the common man to buy gold. In such cases, buying gold through a scheme provides some relief. Read on to know more about the Malabar Gold Scheme. 

Malabar Gold & Diamonds

Malabar Gold & Diamonds is a renowned and trusted retail jeweller in the country. Founded in 1993, Kerala, the brand has now expanded globally and has a strong presence in USA, Middle East, Southeast Asia and India. Every year, the brand introduces various schemes to help customers buy gold and diamond jewellery without straining their budgets. 

Malabar Gold Scheme

The below listed are the gold schemes offered by Malabar Gold & Diamonds: 

  1. Golden Bloom: In this scheme, you need to pay 11 installments. At the end of committed tenure, you can buy gold jewellery at the existing market rate and get an exemption of up to 18% on making charges. 
  1. Golden Glow: In this scheme, you need to accumulate gold equivalent to the installment amount every month and purchase gold jewellery equivalent to the gold weight after 11 months irrespective of the current gold rate. In this scheme, you will get up to 14% exemption on making charges. 
Malabar Gold schemes

Why should you invest in Malabar Gold scheme? 

The below listed are some of the reasons for investing Malabar gold scheme: 

  1. 100% value on exchanging gold: Malabar Gold and Diamonds gives full value on exchanging gold without any deductions. 
  1. Transparency: Malabar provides detailed invoices and price tags to its customers, thus ensuring there are no hidden costs. 
  1. Lifetime maintenance: Malabar provides its customers with lifetime jewellery maintenance at over 390+ showrooms across 13 countries. 
  1. Guaranteed buyback: Malabar offers guaranteed buyback policy to its customers. 
  1. 100% HUID compliant gold: All the Malabar gold jewellery comes with 100% HUID hallmark certification for purity. 
  1. Fair Labour Practices: Malabar ensures that all the jewellery karigars are paid fair wages, get benefits, and are in good working conditions. 

FAQs on Malabar Gold Schemes

  • Will I get any making charge benefit?

    Yes, Malabar gold schemes offer discounts on making charges. Read the terms and conditions of the scheme when applying to know more about the making charge benefit. 

  • What happens if I miss an instalment payment?

    Missing a payment might delay the maturity of the scheme. However, it is advisable to stay consistent or speak to the store team for more updates on missing a payment. 

  • Where can I enroll in the scheme?

    You can enroll for the scheme at any Malabar Gold & Diamonds showroom or check online through their official website. 

  • What is the duration of the scheme?

    The typical duration of a Malabar scheme is 11 months. However, do check the website or store for more updates. 

  • Will I receive any receipt or certificate for each payment?

    Yes, customers receive a receipt for each monthly payment made, ensuring transparency. 

  • Can I enroll in multiple gold schemes at the same time?

    Yes, you can participate in multiple schemes simultaneously if you wish to save more. 

  • Can I choose the monthly installment amount?

     Yes, most schemes allow you to select a comfortable monthly amount based on your budget. 

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