Lalitha Jewellery Gold scheme review

By Team Gullak

Nov 13, 2024

3 min read

Gold has been a symbol of wealth and security for generations in India, and many investors continue to prefer gold as a safe investment. To make gold investment accessible and secure, various schemes have been introduced. Notable options include the Lalitha Jewellery Gold Scheme and Gullak Gold+. These gold investment options help individuals achieve their dream of owning gold and securing their financial future.

In this article you will learn about Lalitha jewellery gold scheme, what the scheme entails, the benefits, process of investing, and compare it against Gullak Gold+.

Introduction to Lalitha Jewellery Gold Scheme

Lalitha gold scheme is a 11 month gold scheme which allows you to make systematic payments during the tenure. After the 11 month period, you can buy gold jewellery with the accumulated amount and claim discounts on making charges on jewellery purchase.

How does Lalitha Jewellery Gold Scheme work?

Enrollment: You can enrol in the Lalitha Gold Scheme by visiting any Lalitha Jewellery outlet. Then, you need to fill out an application form and start making monthly payments. Alternatively, you can fill out the form online & start your investments.
Accumulation: The monthly instalments accumulate over the scheme period.
Redemption: At the end of the scheme tenure, you can redeem your accumulated savings to purchase gold jewellery from Lalitha Jewellery's collection.

How to Make Lalitha Jewellery Gold Scheme Online Payment?

Lalitha Jewellery Gold Scheme facilitates online payments through its official website or mobile app. You can make payments using credit/debit cards, net banking, or UPI.

Alternative Gold scheme option- Gullak Gold+

Gullak Gold+ is an innovative Gold investment scheme which allows you to benefit from gold quantity increase along with gold price increase. With Gold+, your gold quantity increases by 5% every year. So, 100 gms invested in Gullak Gold+ becomes 105 gms in 1 year & 148 gms in 8 years, which is a 50% increase in Gold quantity!

Only Scheme where Gold Quantity increases by 5%pa

Explore Gullak Gold+

Lalitha Jewellery Gold Scheme Review & comparison

Here’s how the gold scheme in lalitha jewellery compares with Gullak Gold+:

Parameter	Lalitha Jewellery	Gullak Gold+
Definition	Systematic payments for 11 months. The savings is used at the end of the tenure to buy gold jewellery.	Scheme that allows you to grow your gold quantity by 5% every year along with all the other benefits of gold investments
Investment period	Payments to be made for 11 months, gold is bought at the end of 11 months	You can set up SIPs & gold is bought at your desired frequency.
Lockin	11 months	none
Withdraw options	Gold jewellery	Cash or gold coins or redeem jewellery at partner stores like Caratlane by Tanishq
Benefits	Discounts on making charges	Extra gold every year, If redeeming jewellery get flat 5% off on gold price.

Get Higher returns, more Benefits & Unlimited Flexibility

Explore Gullak Gold+

Conclusion: Lalitha Jewellery Gold Scheme

In conclusion, the Lalitha Jewellery Gold Scheme presents a beneficial and profitable investment option. However, investing in Gullak Gold+ offers superior flexibility, extra gold and easy digital access. Unlike traditional schemes, Gullak Gold+ ensures transparency and convenience, allowing investors to buy, sell, and manage their gold seamlessly. That being said, investors should do their due diligence before investing in any gold scheme.

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