WebApr 8, 2024 · The Gold Monetisation Scheme (GMS) is launched with an aim to help investors earn interest on their gold lying idle in Bank lockers. This scheme works like a gold Savings Account which will earn interest on the gold that you deposit in, based on their weight along with the appreciation in the value of gold. WebAug 4, 2024 · The gold monetisation scheme was launched in 2015 by the government with an aim to mobilise gold and facilitate its use for productive purposes, which further in the …
Gold Monetisation Scheme (GMS) Get Interest On Your …
WebThe objective of the Scheme is to mobilise gold held by households and institutions of the country and facilitate its use for productive purposes, and in the long run, to reduce … WebFeb 15, 2024 · IOB Gold Monetization Scheme - GMS; Authorised CPTCs & Refineries; Lockers. Govt Deposit Schemes. Deceased Claim. Insurance. ... IOB Expo Gold Card. DOOR STEP BANKING; GOVERNMENT BUSINESS. CSS Dashboard. Features-of-Schemes. ... New Medical Insurance Scheme for Retirees: View: 9. Retirees list for New … attoun karine
Gold Monetization Scheme News in Tamil, Latest Gold Monetization Scheme ...
WebJan 22, 2024 · Govt of India increased tax on gold imports to lessen the demand for gold imports. Gold Monetization Scheme was launched in 2015 to bring out the gold lying idle in homes into the Indian Economy. Through this scheme people can deposit their gold and can earn interest on it. WebBenefits of Gold Monetization Scheme 1. Additional interest income: Along with capital appreciation in the price of gold, the Gold Monetization Scheme lets you earn an added interest of up to 2.5% p.a. over and … WebThe scheme facilitates the gold depositors to earn interest of 2.25% annually for a short-term deposit of one year to three years. An interest rate of 2.5% is provided to the … attotasu