Gold Deposit Scheme

Keep some emergency cash at home and ensure your credit card limits are adequate

Investor's heirs need not wait any more for lock-in period to expire

In most schemes, where the monthly investment is a fixed amount, investors run the risk of the price of gold rising during the tenure of the recurring deposit

Banks, ETFs, and jewellers can get into some arrangement, but regulation can hobble the process

The exchange is envisaged as connecting all stakeholders - jewellers, bullion dealers, gold refineries and consumers

IBJA has urged the govt to maintain the current limit level of Rs 200,000 for cash transaction as per mandatory PAN limit