GRT Gold Scheme 2026: All schemes explained in detail
The GRT Gold Scheme plan is a gold savings plan offered by GRT Jewellers, a well-known jeweller in India. It allows customers to save a fixed amount of money every month, which is later used to purchase gold jewellery. Under the GRT Gold Scheme, customers typically make monthly payments for 11 months, and at the end of the 11th month, they can use the accumulated amount to purchase gold jewellery from GRT Jewellers. The jeweller may offer benefits such as discounts on making charges, depending on the scheme's terms.
Key Features of the GRT Gold Scheme
- Fixed Tenure: The GRT Gold Scheme plan usually operates on a 12-month plan, allowing customers to save systematically.
- Jewellery Purchase: The money saved under the scheme can only be redeemed for gold jewellery.
- Discounts on Making Charges: One of the most attractive aspects of the GRT Gold Scheme is the potential for discounts on making charges, which can reduce the overall cost of gold jewellery purchased.
Types of GRT Gold schemes
GRT jewellers have 2 major plans. In this section we'll go through the grt gold scheme details.
1. GRT gold saving scheme - New Golden Eleven Flexi Plan:
Under this GRT Gold scheme, users need to make monthly instalments for 11 months. At the end of the tenure, users can use the accumulated savings to purchase jewellery of choice. The New Golden Eleven Flexi Plan allows users to purchase from a wide range of options including, gold jewellery, Diamond jewellery, Platinum jewellery, Ruby & Emerald jewellery, Silver articles and Silver jewellery. Users can start saving in this GRT Gold scheme with as low as ₹500/month. Users can choose either a value-based or a weight-based GRT gold saving scheme option. Users are also eligible for additional discounts on VA charges, as mentioned below.
Table: GRT Gold scheme details
| GRT Gold scheme | Value-based Benefits | Weight-based Benefits | Less on Making Charges | Discount per Carat | Discount on MRP |
|---|---|---|---|---|---|
| Gold | No VA(upto 18%) | 50% Discount on VA on jewellery with VA upto 18% | - | - | - |
| Non MRP Diamonds(except solitaires) | No VA(upto 18%) | 50% Discount on VA on jewellery with VA upto 18% | 25% | 10% | - |
| MRP Diamonds | - | - | - | - | 15% |
| Uncut Diamonds | No VA(upto 18%) | 50% Discount on VA on jewellery with VA upto 18% | 25% | 10% | - |
| Platinum | No VA(upto 18%) | 50% Discount on VA on jewellery with VA upto 18% | 25% | 10% | - |
| Regular Silver Articles | No VA(upto 18%) | No VA(upto 18%) | - | - | - |
| Antique Silver Articles | 50% Discount on VA on jewellery with VA upto 18% | 50% Discount on VA on jewellery with VA upto 18% | 50% | - | - |
| Silver Jewellery | - | - | - | - | 20% |
| Ruby & Emerald | No VA(upto 18%) | 50% Discount on VA on jewellery with VA upto 18% | 50% | 10% | - |
2. GRT gold saving scheme - Golden One Flexi Plan:
Under this GRT Gold scheme, users need to make a one-time payment with a minimum amount of ₹25,000 to enrol. Once Enrolled, users can redeem jewellery on the 10th or 11th month from enrolment. Just like the Golden Eleven Flexi Plan, users are eligible for additional discounts on the VA of jewellery purchased. The discounts are exactly the same as those provided with the Golden Eleven Flexi Plan. This GRT Gold Scheme also allows a value-based or a weight-based payment approach.
GRT Gold coin scheme
While there's no particular scheme at GRT jewellers that's explicitly for Gold coins, under the Golden Eleven Flexi Plan, you can redeem Gold Coins with your accumulated amount at the end of the scheme, without paying any wastage charge on the same.
GRT Jewellers monthly Gold Scheme payment
Many first time GRT Jewellers gold scheme users ask questions like, "How to pay grt gold scheme online?"
To make GRT Jewellers monthly Gold Scheme payment,
1. Visit their official site or download the mobile app
2. Select the Gold scheme you want to make payment for.
3. Navigate to the payments page & pay you advance amount. You can pay via UPI, net banking, credit & debit cards, bank transfers
Gullak Overview
Gullak is a gold savings platform designed to offer a simpler, more accessible alternative to conventional jewellery purchase schemes. Instead of committing large sums in rigid installments, Gullak enables you to systematically accumulate pure 24K gold on your own terms.
Start your gold accumulation journey today
Here’s what sets Gullak Gold+ apart:
- SIPs: You can set up daily/weekly/monthly SIPs in Gullak Gold+. SIPs start from as low as ₹150/day. Unlike traditional gold saving schemes, the SIP gets invested in 24K 999 hallmarked gold everytime your amount gets debited.
- No Making Charges: Unlike traditional jewellery schemes, Gullak Gold+ does not charge any making fees.
- 100% Flexibility: Gullak Gold+ allows you to withdraw anytime as cash or gold or redeem gold at popular jewellery stores like Kalyan & Tanishq. You can get additional discounts on gold price at these jewellery stores if you are a Gullak user.
- 100% safety: All the in Gold is 100% insured. So your investments are a 100% safe, always
Save in gold with complete freedom and zero lock
Comparing GRT jewellers gold scheme, and Gullak
Both the GRT Gold Scheme plan and Gullak Gold+ have their unique features and cater to different investor needs. Let’s compare the two in several key areas:
- Minimum entry: GRT requires fixed monthly advances (starting from ₹500/month), whereas Gullak allows micro-contributions starting from just ₹100/day.
- Flexibility: GRT operates on a fixed 11-month tenure with restrictions on early withdrawals, while Gullak offers 100% flexibility with no lock-in, letting you pause or restart anytime.
- Redemption options: GRT confines your redemption strictly to GRT showrooms, whereas Gullak connects you to 5,000+ partner stores including Tanishq, Malabar, and CaratLane, along with cash and doorstep coin delivery options.
Which Option is Best for You?
Choosing between the GRT Gold Scheme plan and Gullak depends largely on your savings approach. If you frequently shop at GRT and want discounts on their making charges for a specific upcoming event, their 11-month scheme can be useful. However, if you prefer an adaptable and unrestricted way to build your gold holdings, Gullak provides a significant advantage. The freedom to accumulate gold from ₹100/day, pause or resume without penalties, and redeem across a network of 5,000+ jeweller stores, physical coins, or cash makes Gullak a practical and versatile choice for daily savers
Disclaimer: Investors should do their own due-diligence before choosing any financial asset
Also Read: GRT Gold Making charges
Also Read: Malabar Gold Scheme
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