Schemes built for generations, not seasons.

For 163 years the house has watched gold rise. Three savings instruments — each designed to make twenty-two carats inevitable, with the rate locked in your favour.

Open a Scheme Read the FAQ

Plate VIThe Savings Folio3 schemes · one promise

Gold Advance Booking

Lock today’s gold rate. Pay in installments. Take delivery at the booked rate — even if gold has run away.

How it works: book a weight of 22K at today’s rate. Pay any time during an 11-month term. At maturity, take the gold — or convert into ornaments.

Most popular · 11-month plan · minimum 5 gm

Monthly Saving Plan

Set a monthly amount. Accumulate. At maturity, redeem in gold ornaments — with a bonus instalment from the house.

How it works: set a monthly deposit (from ₹ 1,000). Pay 11 instalments. The house pays the 12th. At maturity, redeem the full value as gold or ornaments.

From ₹ 1,000 / month · 12-month cycle

Loyalty Vault

Every purchase compounds. Birthdays, anniversaries, festival days — rewarded in gold credit, not points.

How it works: register at any door. Every purchase accrues a 2–4% gold credit. Festival days and family milestones earn bonus credit. Redeemable anywhere in the network.

Lifetime membership · no fee

Common Questions

Questions, read at the counter.

Is the Gold Advance Booking scheme a deposit scheme regulated by the RBI?

It is structured as an advance purchase — not a deposit. You are buying gold today at today’s rate; you pay in instalments; you take delivery at maturity. The house has been running this scheme since the 1980s under Boby Chemmanur’s custody, and every weight booked is held against your name in the showroom register.

What happens if the gold rate falls below my booked rate?

You still get the gold weight you booked. The price you pay is the booked rate — whether gold has risen or fallen. The scheme is meant for accumulation, not speculation. If you prefer the lower live rate, the house will discuss conversion options with you at the counter.

Can I redeem the Monthly Saving Plan as cash instead of gold?

The scheme is structured around gold ornaments at maturity — that is where the house adds the 12th instalment. Cash redemption is possible in special circumstances but loses the bonus. Most customers redeem in ornaments or sovereigns at maturity.

Is the Loyalty Vault valid across all fifty doors?

Yes. Register at any Chemmanur showroom — Calicut, Mumbai, Dubai, Abu Dhabi, anywhere — and the credit is recognised across the network. The folio in the file is universal.

Are there charges for closing a scheme early?

For the Gold Advance Booking, early closure returns your paid amount at the live rate — without the booking advantage. For the Monthly Saving Plan, early closure forfeits the 12th-instalment bonus but returns the principal. The Loyalty Vault has no closure — the credit accumulates indefinitely.

Can I gift a scheme to my daughter or son?

Yes — the Monthly Saving Plan and Gold Advance Booking can be opened in any family member’s name. Many of our customers open one for a newborn granddaughter and let it mature for the wedding. The folio stays with the family, not the counter.