Gold Savings Scheme Calculator: Real Return on Jeweller Monthly Schemes
Free tool · Updated October 2, 2026 · By CouponTalk · Reviewed by CouponTalk Expert Reviews on
Your result
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Quick answer
In an 11+1 scheme you pay 11 monthly instalments and the jeweller adds the 12th. On ₹5,000 a month you pay ₹55,000 and redeem ₹60,000 of jewellery, which works out to about 19% a year. But you buy at the gold rate on the day you redeem, and making charges usually still apply. Read the terms before you join.
How to use this calculator
- Enter your monthly instalment and how many you pay.
- Pick the bonus the jeweller offers.
- Read the equivalent yearly return and compare it with an RD or FD.
Reference table
| Scheme | You pay (₹5,000 a month) | Jeweller adds | Yearly return |
|---|---|---|---|
| 11 + 1 free | ₹55,000 | ₹5,000 | about 19% |
| 10 + 1 free | ₹50,000 | ₹5,000 | about 23% |
| 12 months + 5% bonus | ₹60,000 | ₹3,000 | about 9.4% |
Returns assume each instalment is paid at the start of the month and redeemed one month after the last instalment.
Frequently asked questions
Are jeweller gold schemes safe?
They are only as safe as the jeweller. Prefer large, established jewellers and keep every receipt.
Do I get the gold rate from when I paid?
In most schemes, no: you buy at the rate on the redemption day. Some "gold accumulation" schemes book grams each month instead.
Why do schemes last 10 to 12 months?
Advances for goods must be adjusted within 365 days, or they count as deposits under company law, so schemes are kept to a year.
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