SMJ Smart Scheme

SMJ Smart Scheme - The Ponmagal Scheme builds your gold assets regularly for healthy financial stability. Get to gold investment, thereby availing benefits in the form of zero making and wastage charges to buy highly artistic and designer ornaments.
The Customer can start an account with a minimum saving of Rs. 1000/-, in multiples of Rs. 500/-, as regular monthly instalments. The duration of the Ponmagal Scheme is 11 months.

How to join the Scheme:
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The Customer should walk into the showroom, submit the KYC documents, and join the Scheme by paying 1st instalment, and they can get a passbook.

From the 2nd instalment, the Customer can pay the Installments using the SMJ Smart Scheme mobile App through Debit / Credit Card, UPI payment, or online [net] Banking. They can also pay the instalments directly in the showrooms.

The instalment will be saved as gold weight shall be done based on the prevailing board rate of gold on the date, and the weight shall accrue during each instalment.

Redemption & Closure:
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Upon maturity, you get freedom from making charges and wastage associated with the gold ornaments or silver articles you purchase. You can purchase gold ornaments & silver articles corresponding to the saved weight of gold.