PNG Jewellers, short for P. N. Gadgil Jewellers, is one of India’s most prestigious and trusted jewelry brands, renowned for its impeccable craftsmanship and a rich legacy spanning over 185 years. Originating in Pune, Maharashtra, PNG Jewellers has grown into a household name synonymous with trust, quality, and innovation in the jewelry industry.
With a global footprint that includes showrooms in India, the UAE, and the USA, PNG Jewellers continues to uphold its commitment to purity, excellence, and innovation, making it a preferred destination for jewelry enthusiasts worldwide.
In this guide, we will delve into the details of the three popular gold schemes offered by PNG Jewellers: Suvarna Poornima Scheme, Kuber Scheme, and PNG Gold Rush. These schemes are customised to meet the diverse needs of gold investors, ensuring flexibility, savings, and great value.
Reasons To Invest In PNG Gold Scheme
PNG Jewellers has made investing in gold more systematic and accessible with its exclusive gold-saving schemes. Whether you’re saving for a wedding, a festive purchase, or simply for investment, these schemes offer:
- Flexibility to save based on your budget.
- Protection against fluctuating gold rates.
- Attractive discounts on making charges.
- Assurance of purity with BIS-hallmarked(Bureau Of Indian) gold.
PNG Jewellers Gold Schemes
PNG Jewellers offers three distinct gold schemes that cater to different customer preferences. Here’s a quick comparison:
| Scheme Name | Duration | Minimum Monthly Payment |
| Suvarna Poornima Scheme | 11 months | ₹3,000 |
| Kuber Scheme | 12 months | ₹1,000 |
| PNG Gold Rush | 12, 24, or 36 months | ₹500 |
1. Suvarna Poornima Scheme
PNG Jewellers’ Suvarna Poornima Plan offers a structured way to invest in gold with added benefits such as discounts on making charges and monthly contributions. Below is the restructured information presented in an easy-to-read format.
Steps to Join the Suvarna Poornima Plan
1: Register for the Plan
Sign up online or visit a PNG Jewellers’ store, such as the one on Laxmi Road, Pune.
2: Get an Enrollment Number
Once you register, you will receive a unique enrollment number.
3: Pay Monthly Installments
Contribute a fixed amount every month for 11 months.
4: PNG Adds a Bonus
PNG Jewellers will contribute one month’s installment amount in the 12th month as a bonus.
5: Redeem and Buy Gold
After completing 12 months, use the accumulated amount to purchase gold jewelry of your choice.
Plan Features & Benefits
The Suvarna Poornima Scheme from PNG Jewellers makes investing in gold easy and rewarding. Discover its simple features and benefits that can help you grow your savings and secure your future
| Feature | Details |
| Minimum Installment | ₹3,000 (in multiples of ₹500 thereafter). |
| Discount on Making Charges | 10% off when redeeming gold jewelry. |
| Jewelry Range | A wide selection of intricate and unique gold designs. |
| PNG Contribution | PNG Jewellers adds one month’s installment amount to your fund. |
Eligibility & Payment Options
Eligibility:
- Individuals aged 18 years or older can apply.
- For plans exceeding ₹5,00,000, a PAN card is mandatory.
Payment Modes:
- Net Banking
- Debit Card
- Credit Card (Bank charges may apply)
Payment Table
Explore the payment options for the Suvarna Poornima Scheme to find the best plan for your gold investment.
| Monthly Payment | Investment Period | Final Benefit |
| ₹3,000 | 11 Months | ₹36,000 (Includes PNG Contribution of ₹3,000 and 10% off making charges). |
| ₹5,000 | 11 Months | ₹60,000 (Includes PNG Contribution of ₹5,000 and 10% off making charges). |
| ₹10,000 | 11 Months | ₹1,20,000 (Includes PNG Contribution of ₹10,000 and 10% off making charges). |
2. Kuber Scheme
The Kuber Scheme by PNG Jewellers is a flexible gold savings plan allowing customers to deposit any amount at their convenience over 12 months. The scheme offers an 8% annual bonus on the accumulated value and 10% off on making charges during redemption. Customers can use their savings to purchase gold, silver, or ornaments at prevailing gold rates.
Ways The Scheme Work
- Customers can join the Kuber Scheme by registering with PNG Jewellers.
- Flexible deposits: Customers can deposit any amount, anytime, at their convenience.
- After 12 months, customers can redeem the accumulated amount to purchase gold, silver, or ornaments (including coins and vedhanis).
Features and Benefits :
Let us look at the simple features and benefits that can help you grow your savings and secure your future:
| Feature | Details |
| Minimum Deposit Amount | ₹1,000 (in multiples of ₹100 thereafter) |
| Tenure | 1 year or 12 months |
| Gold Value Lock-in | Gold equivalent credited at the prevailing gold rate |
| Bonus on Accumulated Value | 8% annually |
| Discount on Making Charges | 10% off during jewelry purchase |
Payment Options:
- Payments can be made at any PNG Jewellers branch.
- Accepted modes: Cash, cheques, or post-dated cheques (in favor of “P.N. Gadgil & Sons”).
- Note: Credit and debit card payments are not accepted.
Eligible PNG Jewellers Stores:
- Aundh store, Pune
- Satara Road store, Pune
- Sinhagad Road store, Pune
- Chinchwad store, Pune
- Bhosari store, Pune-Nashik Road
- Shankar Ghanekar Road store, Mumbai
- Bhavani Peth store, Satara
- Canada Corner store, Nashik
- VIP Road store, Solapur
Important Information:
- Gold value will be credited after 12 months, post-TDS deduction.
- VAT will apply to gold purchases.
- No cash refund if the account is closed before 12 months, but the deposited gold will be available without discounts.
- Preserve receipts for every payment.
- Penalty: ₹100 for bounced cheques; the deal will be canceled.
3. PNG Gold Rush
The PNG Gold Rush plan, also known as Sanchayat Dhanavardhanam, is a flexible gold savings scheme that helps customers systematically save for their gold purchases. Customers can choose from three tenures: 12 months, 24 months, or 36 months. With a minimum monthly contribution of ₹1,000, PNG Jewellers adds value by contributing a bonus to the total investment.
Key Features:
- Flexible Tenures: 12, 24, or 36 months.
- Affordable Contributions: Start with a minimum of ₹1,000 per month.
- PNG Contribution: Additional value added by PNG Jewellers at maturity.
- Eligibility for Discounts: Contributions are converted into gold with added benefits.
Scheme Details:
Get to know the scheme details offered by the PNG Gold Rush :
| Details | 12 Months | 24 Months | 36 Months |
| Monthly Contribution | ₹1,000 | ₹1,000 | ₹1,000 |
| Total Investment | ₹12,000 | ₹24,000 | ₹36,000 |
| PNG Contribution | ₹1,000 | ₹3,000 | ₹7,000 |
| Total Value | ₹13,000 | ₹27,000 | ₹43,000 |
| Purchase Month | 14th Month | 27th Month | 40th Month |
Way It Works
- Plan Selection: Customers select a tenure based on their savings goal: 12, 24, or 36 months.
- Monthly Contributions: Save a fixed amount every month starting from ₹1,000.
- Bonus Contribution: PNG Jewellers adds an extra amount at the end of the tenure.
- Redeem Gold: Use the accumulated value (including PNG’s contribution) to purchase gold jewelry after the tenure is completed.
Benefits:
- Savings Boost: PNG’s additional contribution enhances your savings.
- Affordable Entry Point: Begin saving with just ₹1,000 per month.
- Customizable Tenures: Choose the duration that suits your financial goals.
- Ease of Redemption: Use the accumulated value to buy gold jewelry seamlessly.
Steps To Enroll In PNG Jewellers Gold Scheme
1: Visit a PNG Jewellers Showroom or Website: Choose the most convenient method for enrollment.
2: Select Your Scheme: Pick the scheme that aligns with your financial goals (Suvarna Poornima, Kuber, or Gold Rush).
3: Register with Required Documents: Submit valid ID proof (Aadhaar, PAN, etc.).
4: Start Saving: Begin your journey of systematic savings and enjoy the benefits at maturity.
Conclusion
PNG Jewellers’ gold schemes, including Suvarna Poornima, Kuber, and PNG Gold Rush, offer something for everyone. Whether you’re looking for systematic savings, flexible payment options, or long-term investment benefits, PNG Jewellers ensures a seamless and rewarding experience.
Take the first step toward smart gold investment today. Visit PNG Jewellers’ showroom or website to enroll in a scheme and make your gold-buying journey easy and beneficial.
Check the latest gold loan trends in India, understanding the types of gold, reasons to invest in gold, and predicting whether the gold rate will decrease, while considering the best banks for gold loans.
Explore the top gold investment schemes in India for smart savings and secure your financial future
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Frequently Asked Questions
Q. Which Jewellers gold scheme is best?
A. The best scheme depends on your preferences; PNG, Kalyan, Tanishq, and Joyalukkas offer competitive and reliable gold schemes.
Q. What is the PNG Kuber Scheme?
A. The Kuber Scheme allows customers to save monthly for a fixed period, which is then redeemed for gold jewelry or coins at maturity.
Q. Is PNG gold pure?
A. Yes, PNG Jewellers offer BIS-certified hallmarked gold, ensuring quality and purity.
Q. Does PNG buy old gold?
A. Yes, PNG Jewellers buy old gold, subject to evaluation and prevailing gold rates.
Q. What is making charges on gold in PNG?
A. Making charges typically range from 8% to 25% of the gold’s value, depending on the design and type of jewelry.
Q. What are the different gold schemes offered by PNG Jewellers?
A. PNG Jewellers offer schemes like the “Kuber Scheme” and seasonal offers that facilitate systematic savings for gold purchases.
Q. How can I enroll in a PNG Jewellers gold scheme?
A. Visit any PNG Jewellers store, provide necessary documents, and begin saving by making your first installment.
Q. What are the benefits of joining a PNG Jewellers gold scheme?
A. Benefits include disciplined savings, protection from gold rate fluctuations, and attractive bonuses or discounts on making charges.
Q. What is the minimum amount required to start a gold scheme with PNG Jewellers?
A. The minimum amount varies by scheme but typically starts at ₹1,000 per month.
Q. How long do the gold schemes last, and what is the maturity period?
A. The schemes usually last between 11 and 24 months, with redemption options at the end of the tenure.
