The SuperGold Scheme from Thangamayil Jewellery Limited is a monthly gold savings plan that helps customers accumulate gold and enjoy special benefits when purchasing gold jewellery. Customers can save monthly, choose a gift or reward when joining, and receive eligible benefits upon scheme maturity.
Open to individuals aged 18 years and above.
Customers can start saving with ₹1,500 and continue with subsequent instalments in multiples of ₹500.
The scheme requires 11 monthly instalments and matures on the 330th day from the date of joining.
Each instalment is converted into 22-karat gold weight based on the prevailing gold rate on the date of payment.
Customers can choose either a gift or a reward when joining the scheme. This selection cannot be changed after joining.
Exclusive Gift or Reward for Scheme Joiners
Customers can choose one of the following options when joining the scheme:
Customers joining at a showroom can select a gift, which must be collected from the selected showroom on the same day.
Customers can receive a reward equivalent to 5% of the scheme joining amount. The reward is credited to their DigiGold account and can be claimed at the prevailing gold rate, subject to the applicable terms and conditions.
Upon completion of 330 days, customers can avail the following discounts on Value Addition (VA), including wastage and making charges:
Gold Jewellery: 100% discount on wastage and making charges, up to 18%. If the total applicable VA exceeds 18%, the customer must pay the excess amount.
Diamond Jewellery: 75% discount on wastage and making charges, up to 18%. If the total applicable VA exceeds 18%, the customer must pay the excess amount
For example, if the total wastage and making charges are 22%, the customer receives a 100% discount on 18% and must pay the remaining 4%.
Upon maturity, customers can select eligible gold jewellery from the available collections at Thangamayil showrooms, subject to the scheme terms and conditions.
No Gold Price Fluctuation on Accumulated Weight
Each instalment is converted into gold weight based on the gold rate on the payment date. This allows customers to accumulate gold weight over the course of the scheme.
Customers can pay their instalments at Thangamayil showrooms, through the Thangamayil DigiGold mobile app, or on the website.
As the scheme is managed digitally, a physical passbook is not required for redemption. Customers must complete the redemption process and provide the OTP sent to their registered mobile number, along with the required redemption details.
The scheme matures on the 330th day from the date of joining. Customers must redeem jewellery equivalent to their accumulated gold weight within 35 days after maturity to avail the scheme benefits.
Instalments paid towards the scheme are non-refundable and can only be redeemed as gold jewellery, subject to the scheme terms and conditions.
Customers are responsible for paying applicable GST, hallmarking charges, and other charges on the selected jewellery.
If the scheme is terminated or redeemed before 330 days, the value of any gift or reward previously claimed will be deducted from the scheme amount, as specified in the scheme terms.
Only eligible gold jewellery available in Thangamayil showrooms can be purchased under the scheme. Customised or special-order jewellery is not permitted under the applicable scheme terms.
The SuperGold Scheme from Thangamayil Jewellery Limited offers customers a convenient way to accumulate gold through monthly instalments while enjoying special benefits on gold jewellery purchases. With a choice of gift or reward at enrolment, gold accumulation based on the prevailing rate on each payment date, and a discount on wastage and making charges at maturity, the scheme helps customers plan their future jewellery purchases with confidence.
