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Gold Harvest Scheme


Gold Rate Calculation Table
Installment No.MonthsAvg. Gold Rate (Rs.)Payments (Rs.)Gold Wt. BookedTotal Gold Weight Booked
1AprilRs.1998Rs.50002.502.50
2MayRs.2070Rs.50002.414.91
3JuneRs.2090Rs.50002.397.30
4JulyRs.2120Rs.50002.369.66
5AugustRs.2350Rs.50002.1311.79
6SeptemberRs.2490Rs.50002.0013.79
7OctoberRs.2480Rs.50002.0115.80
8NovemberRs.2690Rs.50001.8617.66
9DecemberRs.2650Rs.50001.8919.55
10JanuaryRs.2560Rs.50001.9521.50
11FebruaryRs.2590Rs.50001.9323.43
12MarchRs.2620Rs.50001.9025.33

April Gold Rate: Rs.2720/-
Maturity Value after 1 year: 2720*25.33= Rs.68,897/-
Total amount paid in 1 year: Rs.60,000/-
Benefit in last one year: Rs.8,897/-

*Conditions Apply. Scheme Valid on Jewellery Purchase only. VAT & making charges as applicable. Above Calculations are just an example.



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