Allegro inks MoU with Tanishq

Investment bank Allegro Capital Advisors has kicked off its 'financial supermarket' in the Kerala capital. This is the company's 15 such initiative and the third in Kerala.

Coinciding with the launch of the financial super market, Allegro also inked a memorandum of understanding (MoU) with Tanishq for the sale of gold coins, Tanishq gift vouchers and Tanishq golden harvest scheme.

Tanishq gold coins will be on offer throughout the Allegro network in Kerala.

According to GB Manoj, area distribution manager of Allegro's retail business in Kerala, "Gold is bought as an investment. We are merely adding this product category to offer greater choice to our customers.''

A Sivaram, regional business manager, Tanishq, said "while gold coins and the gift vouchers can be purchased as investment options, the golden harvest scheme is a monthly savings scheme with convenient monthly installments."