# No1 Vasudeva Gold Finance Introduce
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The Akshya gold scheme from Vasudeva Gold Finance is a meticulously designed gold saving plan that offers customers a smart way to accumulate gold and enjoy significant benefits on jewelry purchases.
The Akshya gold scheme from Vasudeva Gold Finance is a meticulously designed gold saving plan that offers customers a smart way to accumulate gold and enjoy significant benefits on jewelry purchases.
The Akshya gold scheme from Vasudeva Gold Finance is a meticulously designed gold saving plan that offers customers a smart way to accumulate gold and enjoy significant benefits on jewelry purchases. Here's an overview highlighting the key features and benefits of the Gold scheme.
Open to individuals who are 18 years and above.
Customers can start saving with as little as Rs. 1000 and in multiples of Rs. 500 thereafter.
The scheme requires monthly installments for 11 months, with maturity on the 330th day from the date of joining.
Culminates on the 330th day from joining, with a 35-day window post-maturity for redemption, aligning savings with future financial planning.
Payments are converted into 22 karat gold weight based on the prevailing rates on payment day.
Members can avail a 75% discount on the wastage and making charges for gold jewelry and a 60% discount for Gold Jewel One products
For silver regular items, customers enjoy a 100% discount on wastage and making charges.
Upon maturity, customers can choose from a wide range of gold, diamond, and silver jewellery available at all Thangamayil branches.
The gold rate is locked in on the day of each payment, protecting customers from price volatility.
Installments can be paid directly at branches.
Jewelry equivalent to the accumulated gold weight must be selected within 35 days post-maturity to avail the scheme benefits.
Installments paid towards the scheme cannot be refunded but must be redeemed as gold, diamond jewelry, or silver items.
Customers are responsible for paying GST and any additional charges like hallmarking on the selected jewelry.
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