Gold schemes

Dhanavarsha

This scheme is an advance against order scheme which allows customers to purchase/invest in Gold.

Customer can avail of this scheme on a minimum investment of Rs.2000 and is allowed to raise this amount in multiples of Rs.500. The gold rate existing on the day of payment of advance against order will be automatically blocked and a reciept will be generated. This scheme is valid for a period of 12 months. At the end of the 12 month period, PNG will offer discount equivalent to half of the monthly advance against order payment. Under this scheme, customer order will be delivered within one month, in the form of pure gold or gold jewellery.

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Example: If customer pays Rs.3000 per month as advance against order for 12 months, PNG will provide a discount of Rs.1500 at the end of the 12 month period Customer will get gold bullion or gold jewelry worth Rs.36000 + Rs.1500 = Rs.37500

# Month Advance Gold Rate Vat 1.2% Gold Blocked
1 1 January 3000 3000 36.00 0.988
2 1 February 3000 3000 36.00 0.988
3 1 March 3000 2970 35.64 0.998
4 1 April 3000 2900 34.80 1.022
5 1 May 3000 2850 34.20 1.040
6 1 June 3000 2910 34.92 1.019
7 1 July 3000 2950 35.40 1.005
8 1 August 3000 3010 36.12 0.985
9 1 September 3000 3060 36.72 0.969
10 1 October 3000 3110 37.32 0.953
11 1 November 3000 3170 38.04 0.935
12 1 December 3000 3252 39.02 0.912
Total 36000
Discount 1500

Note:
PNG discount can only be availed on timely advance against order payments of 12 equated installments by customer.
Every instalment will be inclusive of VAT as applicable.

Abushan

This scheme is an advance against order scheme which allows customers to purchase/invest in Gold/Silver.

As a part of this plan customer can pay advance against orders to a minimum of Rs.500 per month. Customer can increase this amount in multiples of Rs.100, but this amount will remain fixed for the entire tenure. At the time of the last advance against order payment PNG will offer as discount, equivalent of one month of monthly advance against order, at the time of taking delivery of goods. Customer can execute the order in the form of pure gold/gold jewellery/pure silver/silver articles/silver jewellery.

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Example: Monthly advance against order of Rs. 3,000/-

Customer Contribution 1 to 12 Months 36,000/-
Discount by PNG 13th Month 3,000/-
Maturity/Purchase 14th Month 39,000/-

Note:
PNG discount can only be availed on timely advance against order payments of 12 equated installments by customer.
If customer fails to pay any advance against order, customer will not be eligible for any discount.

We would be glad to assist you. Please contact us at 18002335005 or write to us at info@pngadgil.com