Saving Scheme


Silver Palace Gold and Silver Saving Plan has been created exclusively to plan and buy the jewellery that you always wanted to buy. All you have to do is fill in a simple form and join Silver Palace Gold and Silver Saving Plan.


On enrolling, you can select an amount of your choice as a monthly advance payment. There are various slabs starting from Rs. 500 onwards. You will also get a passbook to keep track of your payments. All you have to do is pay eleven equal monthly advance payments. After making the advance payment for the last month, you can buy your favourite jewellery. The customer can opt for either the value-based or the gold/silver weight-based option. The customer is entitled to buy the jewellery on the 12th month and “if the member does not purchase jewellery within the 12th month from the date of enrolment”, the company may opt to refund the total advance amount paid without any benefit and the same will be sent directly to the member’s registered address by cheque or through bank transfer


What if I don’t pay continuously?


What if I discontinue?


What if the member does not purchase jewellery at the end of the 12th month?


Will there be GST?


In what other ways can this savings scheme help me?

What if I buy jewellery exceeding my advance payment?

Will wastage (VA) be charged on special items?

Will cash be refunded?

How do I know the WT. of gold accumulated?

Can the member pay all the monthly payments in advance?

Can the member buy Gold Coins?

Is the monthly advance amount fixed or variable?