Malabar Gold & Diamonds is a well-known jeweller in India, offering a wide range of jewelry designs. The brand is certified with the BIS hallmark, ensuring the purity of its products. With over 285 stores in 10 countries, Malabar Gold & Diamonds also provides lifetime maintenance for their jewelry. One of their popular offerings is the Malabar Gold Scheme, designed to help customers save and invest in gold. This blog uncovers the types of offerings that Malabar offers you to opt and invest in.
Highlights of Malabar Gold Scheme
Malabar Gold Scheme is one of the popular gold investment schemes that helps you invest in installments while gaining access to the products offered by Malabar. THere are few types of schemes that Malabar offers with it the BIS hallmark 916 Gold and all this with high transparency.
Following which are the malabar gold scheme details 2024;
| SL No | Type | Benefit |
| 1 | The Smart Buy Schemes | This is open to specific Malabar products that are pre-specified in detail about the size-related customizations. |
| 2 | EMI Scheme | Opening a contract on the Jewelry piece you selected at the beginning with EMI range from a minimum of ₹1000. |
| 3 | Golden Bloom | Benefit from 0 making charges at the end of contract when you purchase jewelry of kind. |
| 4 | Golden Glow | Equal to purchasing the accumulated gold every month without making charges & only prevailing gold rate |
| 5 | Golden Bliss | Invest or book your jewelry in advance without making charges on your payment post 11 months |
| Terms & Conditions apply, please note, the above schemes have and addendum with free off making charges up to 18% |
Features of Malabar Gold Schemes
100% Value on Diamond Exchange
Malabar Gold & Diamonds ensures that customers receive the full value of their diamond jewelry during exchanges. When you decide to upgrade or exchange your diamond jewelry, you’ll get 100% of its value without any hidden deductions. This makes diamond investments at Malabar a secure option, ensuring your jewelry retains its worth.
100% Value on Gold Exchange
If you have gold jewelry purchased from Malabar, you can exchange it for new items without any deductions. This 100% exchange value policy guarantees that you get the full worth of your old jewelry when upgrading to a new piece. It’s a great option for customers looking to refresh their collections without losing any value.
Complete Transparency
Malabar Gold & Diamonds is committed to maintaining complete transparency in pricing. Each jewelry item comes with a detailed price tag and invoice, so you can easily understand the breakdown of charges, including the cost of gold, stones, and making charges. This ensures that there are no hidden fees, providing clarity and peace of mind during the purchase process.
Tested & Certified Diamonds
Every diamond at Malabar Gold & Diamonds goes through 28 internal quality checks to ensure it meets the highest standards. Additionally, all diamonds are certified by international labs, guaranteeing their authenticity, cut, clarity, and quality. This ensures that customers only receive the finest diamonds, verified by experts.
Guaranteed Buyback
One of the standout features of Malabar Gold & Diamonds is its guaranteed buyback policy. Whether it’s gold or diamond jewelry, the company offers the best buyback value, ensuring that your investment in precious jewelry is safe. This policy allows customers to sell back their items at a fair price, making it a risk-free investment.
Complimentary Insurance
For added security, Malabar provides complimentary insurance on jewelry purchases for one year. This covers any loss due to burglary, fire, or extortion, offering customers an additional layer of protection for their valuable jewelry.
100% HUID Compliant Gold
All gold jewelry at Malabar is 100% HUID (Hallmark Unique Identification) compliant. This ensures that the gold is pure and certified, giving you confidence in the quality of your purchase. The HUID certification is a government-backed guarantee of purity, which adds to the trust and reliability of the product.
Fair Labour Practices
Malabar Gold & Diamonds takes pride in its ethical practices. The company ensures fair wages, benefits, and safe working conditions for its skilled craftsmen, or “karigars.” By promoting fair labour practices, Malabar guarantees that its jewelry is made under ethical conditions, adding an element of social responsibility to each purchase.
Assured Lifetime Maintenance
Customers who purchase jewelry from Malabar are offered lifetime maintenance services across all 355+ showrooms in 13 countries. Whether it’s cleaning, polishing, or repairs, Malabar ensures that your jewelry remains in top condition throughout its life, providing long-term value and satisfaction.
Fair Price Policy
Malabar Gold & Diamonds follows a fair pricing policy where customers are charged reasonable making fees for all jewelry. This policy ensures that customers receive the best possible value for their purchases, with no inflated costs for craftsmanship.
Responsibly Sourced Products
Malabar Gold & Diamonds is committed to responsible sourcing of its products, ensuring that materials like gold and diamonds are acquired in ways that protect the environment and support ethical practices. By prioritizing sustainability, the company helps ensure that your purchase is both beautiful and conscientious.
Purchase Products In Stock with Malabar Gold Schemes
1: Browse and Choose Your Favourite jewelry
- Visit the product page of your desired jewelry item.
- Malabar Gold & Diamonds offers a wide variety of jewelry designs, making it easy to find something you love.
2: Select the “Make to Order” Option
- Once you’ve found the perfect piece, select the “Make to Order” option to customize or proceed with your selection.
3: View Discounts and Delivery Details
- After choosing “Make to Order,” you will be shown any applicable discounts on the Malabar gold price.
- You will also see the expected delivery date based on your customization options.
4: Place Your Order
- Once you’re satisfied with the discount and delivery information, proceed to place your order.
- Secure checkout ensures a seamless buying experience.
Purchase Products Out of Stock With Malabar Gold Schemes
1: Visit the Product Page
- If the jewelry you desire is out of stock, head over to its product page to explore details.
2: Select “Make to Order” for Out-of-Stock Items
- Since the item is unavailable for immediate purchase, choose the “Make to Order” option.
- Keep in mind that delivery might be delayed for out-of-stock products.
Step 3: Finalize and Place Your Order
- After selecting the “Make to Order” option, proceed to place your order, ensuring you secure the jewelry you want despite stock limitations.
3 Reasons to Invest in Malabar Gold Scheme
- Wide Range of jewelry: Whether in stock or out of stock, Malabar offers extensive options with customized ordering.
- Special Discounts on Gold Price: Enjoy exclusive discounts when you choose the “Make to Order” option.
- Seamless Online Purchase: The step-by-step guide makes it easy for you to buy your favourite pieces online, no matter the stock status.
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Frequently Asked Questions
Q. What are the different gold schemes offered by Malabar Gold?
A. Malabar Gold offers different gold saving schemes: Easy Gold for flexible savings, Smart Buy for price protection, and Golden Bloom for monthly deposits.
Q. How does Malabar Gold’s Easy Gold Scheme work?
A. Start the Easy Gold Scheme with monthly payments and redeem for gold jewelry after the fixed tenure, enjoying benefits and no hidden charges.
Q. What is the minimum investment amount for Malabar Gold schemes?
A. Minimum monthly investments in Malabar Gold schemes can start from ₹500 or ₹1,000, catering to customers of different income levels.
Q. How can I enroll in a Malabar Gold scheme?
A. You can enroll in Malabar Gold schemes in-store, online via their website, or through the mobile app.
Q. Are there any penalties for early withdrawal from Malabar Gold schemes?
A. Early withdrawal penalties vary depending on the scheme and may include forfeiture of benefits, so completing the tenure is advised for maximum benefits.
Q. What are the benefits of investing in Malabar Gold schemes?
A. Invest in Malabar Gold schemes for price protection, making charge discounts, flexible payments, security, and jewelry redemption.
Q. Can I redeem my investment in Malabar Gold schemes for jewelry?
A. You can redeem your savings for gold jewelry through Malabar Gold schemes like the Easy Gold Scheme, offering a wide selection of designs either in-store or online.
Q. How do I track my investment in Malabar Gold schemes?
A. You can track savings online, use the app for scheme updates, or visit a showroom for investment info.
Q. What is the duration of Malabar Gold’s schemes?
A. The Malabar Gold schemes typically last around 11 months, with some variations. Customers redeem savings for gold jewelry post-tenure.
