Gold Monetization Scheme : How to Make Money From Your Unused Gold

Written by Sravan

Updated on:

Gold Monetization Scheme Video [Telugu]
Gold monetization scheme interest rate
Gold Monetisation scheme SBI
Gold Monetisation Scheme Banks list
  • Individuals, singly or jointly (as Former or Survivor)
  • Proprietorship & Partnership firms.
  • HUFs
  • Private institutions
  • Companies
  • Trusts (Mutual funds registered under SEBI, Exchanged Traded Funds)
  • Charitable trusts
  • Central and state governments

1. Gold Monetisation Scheme Launch date

The Gold Monetisation scheme launched by Prime Minister Narendra Modi in the year 2015.

2. Gold Monetisation scheme HDFC bank

HDFC Bank also offers the Gold Monetisation Scheme with Medium and Long term schemes with interest upto 2.25% p.a along with Lock in period of 5 Years.

3. Gold Monetisation Scheme SBI

The India’s largest Public Bank SBI is also offers the Gold Monetisation Scheme with Small, Medium and Long term schemes with interest upto 2.25% p.a.

4. Gold Monetisation scheme Minimum Deposit

Under Gold Monetisation scheme, you should deposit a Minimum of 10 grams of gold.

Thanks for your time 🙂

Author is a Qualified CMA with rich industry experience for more than 6 years. He is an All India Ranker (AIR-101) in CMA and also a Semi-Qualified Chartered Accountant having a quite good experience in teaching the subjects of Accounting and Costing to the commerce aspirants.

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