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Review- Bhima Jewellery Gold Scheme 2022| T&C | Payment | Documents

Bhima Jewellery Gold Scheme

Introduction

Bhima jeweller’s journey began in 1925 and has an outstanding heritage of precious metal expertise.
In other words, It is one of the most well-known jewellery companies in India and the middle east.
One of the leading jewellers in India, they are well aware of what the bride of today needs and have all the latest designs.
These jewellers offer their customers a plan to invest in gold in a way that helps grow savings and avoid the risk of storing physical gold. However, The scheme is helpful to those who need to buy gold in the future.
Customers can buy the gold at the current market rates. In addition, this gold scheme is consumer-friendly offering maximum return for your funds invested.
This scheme knows as Bhima Jewellery Gold Scheme 2022 or Bhima Gold Tree.

Also Read Malabar Gold EMI Scheme | Features | Payment | Terms and Conditions

Bhima Jewellery Gold Scheme

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The Bhima Gold Tree is one of our most prestigious schemes.
The scheme is instituted to insure against the risk of fluctuations in gold rates in the international market.
This scheme undertakes to give the maximum return for your amount and is customer-friendly, flexible and easy to comprehend.
With a smaller instalment rate, gold investments are no more a hurdle.
In addition, this facilitates easy payment at all Federal Bank Branches across India.

There are three schemes under the Bhima Gold Tree scheme which are Samruddhi, Apoorva, and Delite Diamond.
Let’s look at the schemes one by one along with examples.

Also Read State Bank of India – Gold Coins Scheme | Features | Benefits | FAQs | 2021

Samruddhi Scheme

Minimum InvestmentRs. 500/-
Maximum InvestmentMultiples of Rs. 500/-
Tenure18 Months
AccountOffline Mode only
TransferableNA
Nominee facilityYes
BenefitMember will get two months’ benefit amount at the end of the maturity date.
On maturity members will get a benefit added to the amount contributed by them to select and collect ornaments.

Example

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Monthly InstallmentBenefitTotal
500 X 18 = 9,000100010000
5000 X 18 = 90,00010,0001,00,000
20,000 X 18 = 3,60,00040,0004,00,000

Apoorva Scheme

Minimum InvestmentRs. 1000/-
Maximum InvestmentMultiples of Rs. 1000/-
Tenure11 Months
AccountOffline Mode only
TransferableNA
Nominee facilityYes
BenefitMember will get a 1-month benefit amount at the end of the maturity date.
On maturity members will get a benefit added to the amount contributed by them to select and collect ornaments.

Example

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Monthly InstallmentBenefitTotal
1,000 X 11 = 11,000100012,000
5,000 X 11 = 55,000500060,000
20,000 X 11 = 2,20,00020,0002,40,000

Bhima Dlite Diamond Scheme

Minimum InvestmentRs. 1000/-
Maximum InvestmentMultiples of Rs. 1000/-
Tenure18 Months
AccountOffline Mode only
TransferableNA
Nominee facilityYes
BenefitMember will get three months’ benefit amounts at the end of the maturity date.
On maturity members will get a benefit added to the amount contributed by them to select and collect(Exclusively for Diamond/Platinum ornaments) only.

Example

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Monthly InstallmentBenefitTotal
1,000 X 18 = 18,000300021,000
5,000 X 18 = 90,00015,0001,05,000
20,000 X 18 = 3,60,00060,0004,20,000

Also Read Joy Alukkas Gold Scheme 2021 – Review

NoteThere may be changes in the schemes, hence confirm with the retailers before you save through them.

Helpline Numbers

Number0474-2766127 / 2766128(Lan),
7025136333(Mob)
Email Idcustomercare@bhima.in, info@bhima.in
Bhima and Brother Bullion Pvt.Ltd.
Near Railway Station
Kollam – Kerala – 691001

Required Documents

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  • Recent passport size colour photograph.
  • Self-attested ID proof:
    • PAN card
    • Passport
    • Driving Licence
    • Aadhaar card, etc.

Bhima Jewellery Gold Scheme Payment

  • Cash at the store of Bhima Jewels.
  • Online Payments are allowed only if the payment of the first instalment is paid at the cash collection store in person.
    In addition, facilitates easy payment at all Federal Bank Branches across India.
  • Credit cards, debit cards, cheques and various other modes of payment are not accepted.
  • NEFT and RTGS transfer.

Bhima Jewellery Gold Scheme Terms and Conditions

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  • The payment must be made to the Bhima’s store at which the Gold Tree account is registered.
  • The subscriber can use the same amount for the buy of jewellery only from the same jeweller.
    In fact, this amount does not a transfer from one jeweller to another.
  • The subscriber cannot get any refund or any voucher for the cash amount that he has invested.
  • The Invested amount can be used for purchasing platinum, gold, diamond, silver jewellery or silver articles only, not even coins, gold ingots or 24CT bullion.
  • Changes in government tax rules will be applied correspondingly.
  • Making charge will be calculated based on the billing day’s gold rate.
  • The jewellery under this scheme will be subject to making charges and all applicable government taxes.
  • At least six months of continuous payment must be made to be eligible for benefits.

How to Enroll in the Bhima Jewellery Gold Scheme?

Time needed: 3 minutes.

Follow the steps given below to apply the gold Saving Scheme offline

  1. Visit

    Visit one of the Bhima stores.

  2. Fill out the Application form

    Then make the first instalment payment along with the completed application form.

  3. Required Document

    Submitted the Self-attested ID proof along with the Application form.

  4. Smart Card

    A receipt card will be issued to record instalments.

  5. Transactions

    Transactions can only be done during working hours,(10.00 A.M to 6.00 P.M)
    Monday thru Saturday.

Also Read What is Gold Saving Scheme in GRT? | Benefits | Online Payment | 2021

Source – Bhima

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