Malabar Gold Diamonds Scheme
Malabar Gold & Diamonds(MGD), is one of the largest gold and diamond retail chains in India.
MGD today has outlets spread across 10 countries, more than 13 wholesale units in addition to offices, design centers and factories spread across India, the Middle East, the Far East, and the US.
The MGD company is popular for giving customers the best in jewellery when it comes to quality and design.
The MGD has introduced the Golden Gain Plan also known as the Malabar Gold EMI Scheme 2022, which helps the customers to plan their jewelry purchase in advance and purchase the ornaments through EMI without paying any kind of making
charges of 12% of eligible gold weight.
Malabar Gold EMI Scheme
- The Malabar Gold EMI Scheme from MGD is a great way to save while you’re looking to purchase jewellery on instalments.)
- The minimum monthly advance money is fixed as Rs 1,000 per month.
- The fixed money needs to be paid on the due date of every month for 11 months.
- You will be eligible to buy jewellery from the end of the 11th month at the prevailing gold rate without paying value addition (making charges) of 12% except for special ornaments.
Scheme Detials
| Scheme Name | Golden Gain or Malabar Gold EMI Scheme |
|---|---|
| Minimum Investment | 1000/- |
| Maximum Investment | 40000/- |
| Refund | No |
| Tenure | 11 Months |
| Transferable | No |