Business of gold schemes
Do gold jewellers’ schemes pay as much as they claim?
Do gold jewellers’ schemes pay as much as they claim?
Brief:
Jewellers run a popular scheme for its customers.
It takes deposits for a year.
The last deposit is free as part of the scheme.
Customers can buy jewellery worth the deposit from the brand.
Name some schemes:
Tanishq takes INR 2000 per month.
Joy Alukkas takes INR 1000 to INR 1lajh per month.
Bhima jewellers take INR 250 upwards for 11 months.
Check out the list
Good for businesses:
It is an assured sales in the future.
Customers have to pay within three days of the mixed payments.
Business Today reports that may not be a good investment.
It is safer than illegal chit fund schemes.
Worth your time: