Thangamayil Jewellery App Intro
Hello everyone. Thangamayil Jewellery provides four types of schemes: Digi Gold, Super Gold, and Thangamal Future Plus, which are wired with details. I am going to share them with you too. We are going to see all the schemes that Thangamayil Jewellery provides in detail.
Supergold scheme
In that way, let’s see the Super Gold scheme first. As far as this super whole scheme is concerned, it works like a normal jewel slip that our minister can pay. In this scheme, you can invest an amount starting from a minimum of 1000, 1500, 2000, or 2500 in multiples of 500. That amount will be fixed monthly. This scheme will not have the option of paying a small amount this month and paying a larger amount next month. So when you join this scheme, you can decide how much you can save monthly. Just invest that amount and pay it monthly for the duration of this scheme, which is 11 months.
What is 22-karat gold?
They say that the amount you can pay under this scheme will be converted into gold at a rate equal to the 22-karat gold rate. After completing 11 months, you can visit the nearest gold showroom to get this scheme ready. Otherwise, you can place the order online. If you have ordered online, contact our customer support, and they will tell you all the details clearly. You will join this scheme, and this scheme will mature at 330 days. You can get it ready as a jewel or a coin within 35 days of its maturity.
Supergold Scheme Benefits
When you are ready, they say that they are giving a 75% discount on gold jewelry, a 60% discount on diamond jewelry, and a 60% discount on Jolvan brand gold jewelry. You will get all these discounts completely, so for that, you should have paid the installment amount of this scheme on time for 11 months from the time you joined this scheme. You should not have made any late payment. Not only that, but you are ready to run this scheme before the maturity period. Then they say that they will not give any discount benefit that can be given by this scheme.
Thanga Magal scheme
The next Thanga Magal scheme is a monthly payment scheme for the month of May 11. The maturity period of this scheme is 330 days. After the completion of those 330 days, you can get the same discount as the Super Gold scheme.
Thanga Magal Scheme benefits
They say that they will give a 75% discount on the cost of making gold jewelry, a 60% discount on the cost of making diamond jewelry, and a 60% discount on the cost of making gold jewelry of the Jewel One brand. The only difference between the Super Gold Scheme and the Thanga Magal Scheme is that in the Super Scheme, all the amount you can pay will be deposited in gold.
But that’s it; the amount you can pay in the Thangamal scheme will be credited to your account as money. Apart from this, there is no dividend for these two schemes. Not only that, but both these schemes are giving the same discount benefit. Joining and saving in a super scheme where you can save gold will give you more benefits. For the current market situation.
Future plus scheme
So far, everything we have seen is a monthly payment scheme; after this, we are going to see a one-time payment limit, the Future Plus scheme. In this scheme, you have to pay a fixed amount every month and continue to pay a certain amount; there is no such limit in any other scheme. You can join this scheme by paying 15,000 or more at a time.
How do you join? This scheme matures after 330 days. After that, you can prepare a piece of jewelry or a coin in this scheme for 35 days. When you prepare it, they say that the same discount benefit that I mentioned earlier will be given to this scheme on wastage and making charges. They have given a 90-day grace period for the amount that you cannot pay for this scheme.
Login period explained
You cannot withdraw that amount during that logging period. If you have done a job before the maturity period, even after 90 days, you will not be given any discount that you should have received through this scheme.
DigiGold scheme
Finally, let’s look at the DigiGold scheme of ThangaMayil. In this scheme, no matter how much you pay every month, or even if you pay this amount at one time, you will not be given any kind of discount on the amount you can pay and the frequency in which you have to pay it. Whenever you have money or whenever you feel like saving, then open this app and invest in gold from a minimum of Rs. 100. The amount you can pay through this scheme will be invested in gold at the current price of gold on that date.
Scheme period
The duration of this scheme is 11 months. There will be a total of 330 days, out of which you will get an extra bonus whenever you make a payment for the first 300 days. They also say that no bonus will be added to the amount you can pay for the last 30 days. These 300 days are divided into 75.75 days.
Diggigold benefits
All this is that in the first 75 days, you will be given an extra 5% gold credit for the amount you pay. In the next 75 days, you will be given an extra 3.75% gold credit. In the next 75 days, you will be given 2.5% gold credit for the next 75 rupees, and in the final 75 days, you will be given an extra 0.75% credit. In this way, when you pay, everything is added as a bonus extra, so when you go to get ready through this scheme, there will be a wastage that you can put there.
There will be a making charge, but nothing will be given at any discount. It will be as if you have made a complete payment and gotten ready through that scheme. They have given a login period for this scheme. But it is not 90 days like that scheme.
Digigold login period
The login period of this scheme is 30 days, and you cannot redeem this scheme during those thirty days. Not only this scheme, but if you join any scheme with ThangaMayil, you can change the amount you have paid for that scheme into gold or coins, but they will not give it back to you as money. No matter which scheme you buy coins from, they will put a tie on that coin.
Making charges and wastage
This tie charge is 2% for coins above 4 grams and 3% for coins below one gram. You have created an ID in your name and joined any scheme in it, but after that you cannot change this scheme to someone else. If the team that made the redemption is the one who prepares it, then they will ask for all the documents like the Aadhar card, PAN card, etc. If you have prepared it online, then it will be like sending everything by mail.
You have seen four screens, and which scheme can you join? You have asked which one will give you more profit. No matter which one you join, it will give you the same benefits. That is why if there is a DigiGold scheme, they give extra bonuses for it, so how come all the schemes are the same? If you bought gold today, held it for a year, and checked its price, you would have seen that its price had definitely increased.
Gold price increase
See for yourself how much it has increased. It does not increase this much every year; even if it does, it will not spread. They are going to give us bonuses that are less than the average increase. If you see why they are giving more bonuses for the first 75 days, you can invest more money during that time. That is why you should have checked the value of the gold that you could have invested during that time. The maturity period is somewhere; surely it is there, and those who do this bypass know that it is not like that.
That is why they give more bonuses for those days and make you invest more. No matter how much the value of gold increases, they will only give us a certain percentage of the profit, and they will make the rest of the profit their own. This kind of thing happens not only in the gold hair scheme but in all such schemes in general. They will give us an application for the gold we could have bought, saying it is a bonus.
They will give us a maximum amount of money by adding the wastage and making charges and then leaving. Otherwise, they will not give us any bonus but will give us a specific percentage discount on the wastage. No matter how you look at it, this scheme is all the same.
What is the only benefit that can be found in all of them? So, those who cannot buy one gram or 2 grams of gold in total can use this type of scheme and invest in gold from a small amount. This is the only benefit that can be found in this. If you are buying gold for investment purposes, then gold is not a long-term investment when you buy it through this type of app. It is better to buy gold.
My opinion
Even though there are so many things, I will give my opinions. As far as the first digital app being launched, I think this is the only one. After they launch it, many jewelers can copy and paste it, and now I cannot see any more benefit in the digital scheme that is available. In that case, it would be great if the company updated all the benefits to the current market level. That’s my opinion. If there is a Thangamayil Oda showroom near your location and you have faith in that brand, then you can freely invest in this scheme.