Gold Scheme Interest Calculator: Check Tanishq, Kalyan & Local Returns (2026)

💰 Gold Scheme Calculator (11+1 Plan)

Check Returns of Tanishq, Kalyan & Local Jewelers

Monthly Deposit Amount (₹):

Duration (Months): 11 Months (Kalyan/Standard) 10 Months (Tanishq Style) 12 Months (Local) 6 Months (Short Term)

Scheme Bonus Policy: 1 Month Free (100% of Installment) 75% of 1 Installment (Tanishq) 50% of 1 Installment No Bonus (Only Making Charge Off)

Total You Pay:₹ 0

Bonus from Jeweler:+ ₹ 0

Maturity Value: ₹ 0

Effective Return (ROI):0%

📝 User Guide: How to Check Scheme ROI?

1 Enter Amount: Type your monthly installment (e.g., ₹2000, ₹5000).

2 Select Duration: Choose 10 months (for Tanishq) or 11 months (for Kalyan/Others).

3 Select Bonus:

• 1 Month Free: Common in local jewelers & Kalyan.
• 75% of 1 Month: Standard for Tanishq Golden Harvest.

4 Result: See your actual profit and how much jewelry you can buy.

Gold Saving Scheme Interest Calculator: Tanishq vs Kalyan (2026)

Every middle-class Indian family invests in Gold Kitties. Big brands like **Tanishq (Golden Harvest)**, **Kalyan Jewellers (Dhanvarsha)**, and **Malabar Gold (Smart Buy)** promise high returns. They say: "Pay for 11 months, and the 12th installment is on us."

But is it really a **50% return**? No! Use our **Gold Scheme ROI Calculator** to find the Real Interest Rate before joining.

1. Comparison: Tanishq vs Kalyan vs Malabar

Scheme Name	Duration	Benefit / Bonus
Tanishq Golden Harvest	10 Months	Upto 75% of 1 Installment
Kalyan Dhanvarsha	11 Months	1 Month Free (100% Bonus)
Malabar Smart Buy	11 Months	Discount on Making Charges
Local Jeweler	11 Months	1 Month Free + Cash (Risky)

⚠️ The Hidden Trap (Making Charges): Jewelers give you a ₹5,000 bonus but might charge ₹10,000 as "Making Charges" (Wastage) when you buy jewelry. Always negotiate Banawai before joining any scheme!

2. Is "11+1 Scheme" Better than Bank RD?

Let's look at the math. If you invest ₹5,000/month in a Bank RD (Recurring Deposit) at 7%, you get cash back. In a Gold Scheme, you get jewelry.

• Gold Scheme ROI: Approx 8% to 15% (Tax-Free).
• Bank RD ROI: Approx 6.5% to 7.5% (Taxable).

Verdict: If you are planning a wedding, Gold Scheme is better. For pure investment, SGB (Sovereign Gold Bond) is best.

3. Frequently Asked Questions (FAQ)

Q: Can I buy Gold Coins with scheme money?

Most jewelers (like Tanishq) DO NOT allow purchasing Gold Coins or Bars with maturity amount. You are forced to buy jewelry with high making charges.

Q: What happens if I miss an installment?

If you delay payment, the jeweler may reduce your bonus amount or extend the maturity date. Always pay on time to get the full 1-month bonus.

Q: Is my money safe in Gold Schemes?

Big brands like Tanishq/Tata are safe. However, local jewelers are risky as they are unregulated. Unlike Banks, your money is not insured by DICGC.

Check your scheme profit now using the calculator above!