Gold has been a cornerstone of investment and savings in Indian households for decades. In 2025, choosing the right Gold Scheme can be a game-changer for securing your financial future. Here, we explore the best Gold Schemes available in India from renowned banks and jewellers, helping you make an informed decision.
1. Sovereign Gold Bond (SGB) Scheme by RBI

Sovereign Gold Bond (SGB) scheme is issued by the Government of India through the Reserve Bank of India (RBI). It is a safe, government-backed investment option where investors earn an annual interest of 2.5%. The bonds have an 8-year tenure with an early exit option after 5 years. SGBs are an excellent choice for long-term investors as they offer capital gains tax exemption if held until maturity. Additionally, there are no concerns about the storage or security of physical gold.
Key Highlights:
- Issuer: Government of India, through RBI.
- Interest Rate: 2.5% per annum.
- Maturity Period: 8 years with an exit option from the 5th year.
- Tax Benefits: Exemption from capital gains tax if held till maturity.
Why Choose It? The SGB scheme is a popular choice due to its dual benefit of interest earnings and gold price appreciation. It is also free from storage and security concerns associated with physical gold.
Best For: Long-term investors seeking a secure, government-backed gold investment.
Ready to Learn More About Sovereign Gold Bond (SGB) Scheme? Click Here to Explore Details and Start Your Investment Today!
2. Tanishq Golden Harvest Scheme

Tanishq Golden Harvest Scheme allows customers to make fixed monthly installments starting from ₹2,000 for a period of 10 months. At maturity, Tanishq adds a bonus equivalent to one month’s installment. This scheme is perfect for those planning to buy jewelry, as the accumulated amount can be used to purchase any item from Tanishq stores, offering a flexible and disciplined saving plan.
How It Works:
- Monthly Installments: Customers pay a fixed monthly installment starting from ₹2,000.
- Tenure: 10 months.
- Maturity Benefits: Tanishq contributes a bonus amount equivalent to your first month’s installment.
Pros:
- Bonus contribution by Tanishq at maturity.
- Perfect for individuals planning to buy jewelry in the future.
- Flexible purchase options across a wide range of jewelry items.
Cons:
- Returns are in the form of jewelry, not cash or bullion.
- Limited to purchases at Tanishq outlets.
Best For: Individuals looking to buy jewelry for weddings or special occasions.
Ready to Learn More About Tanishq Golden Harvest Scheme? Click Here to Explore Details and Start Your Investment Today!
3. Malabar Gold Smart Buy Scheme

Malabar Gold Smart Buy Scheme is a unique plan where customers can reserve their desired jewelry online by making a small advance payment. It locks in the gold price at the time of booking, protecting buyers from price fluctuations. Additionally, customers receive discounts on making charges. This scheme is ideal for those looking to secure current gold prices and save on future purchases.
Features:
- Flexibility: Choose and reserve your jewelry online with a small advance payment.
- Price Protection: Lock in the price at the time of booking, protecting against market fluctuations.
- Discounts: Get additional discounts on making charges.
Why It Stands Out: Malabar’s Smart Buy scheme is ideal for customers who want to buy jewelry at a locked-in price, especially when anticipating price hikes.
Best For: Budget-conscious buyers looking to secure current gold prices.
Ready to Learn More About Malabar Gold Smart Buy Scheme? Click Here to Explore Details and Start Your Investment Today!
4. HDFC Bank Gold Scheme

HDFC Bank provides multiple options for gold investment, including Gold ETFs and Sovereign Gold Bonds. Customers can invest through HDFC Securities’ online platform, offering a seamless and secure way to buy digital gold. This scheme is perfect for digital-savvy investors who prefer transparent, liquid, and flexible investment options.
Overview:
- Offers gold investment options through HDFC securities.
- Invest in gold ETFs or Sovereign Gold Bonds via HDFC Bank’s trading platforms.
- Competitive brokerage fees and seamless online transactions.
Advantages:
- Diverse investment options (SGBs, ETFs).
- Convenient online platform for transactions.
- Tax benefits on Sovereign Gold Bonds.
Best For: Digital-savvy investors looking to diversify their portfolios with gold.
Ready to Learn More About HDFC Bank Gold Scheme? Click Here to Explore Details and Start Your Investment Today!
5. ICICI Gold Saving Schemes

ICICI Bank offers various gold investment products, such as Digital Gold, Gold ETFs, and Sovereign Gold Bonds. Customers can easily invest through ICICI Direct, allowing them to diversify their portfolio without the hassles of storing physical gold. ICICI’s offerings cater to investors looking for a combination of safety, liquidity, and potential growth.
Products Offered:
- ICICI Digital Gold: Purchase gold online through the ICICI Bank platform with no minimum investment limit.
- Gold ETFs: Invest in gold-backed ETFs through ICICI Direct.
- Sovereign Gold Bonds: Available for purchase during subscription windows.
Benefits:
- No risk of theft or storage issues.
- Easy liquidity and transparent pricing.
- Low transaction charges.
Best For: Investors seeking a mix of digital and paper gold investment options.
Ready to Learn More About ICICI Gold Saving Schemes? Click Here to Explore Details and Start Your Investment Today!
6. Kalyan Jewellers Gold Schemes

Kalyan Jewellers offers a variety of gold saving schemes, including the Gold Ownership Certificate plan and gold gram accumulation schemes. Customers make monthly deposits for 11 months, and in the 12th month, they receive a bonus. The accumulated amount can be used to purchase jewelry, making it an excellent option for those saving for weddings or special occasions.
Plans Available:
- Kalyan Gold Ownership Certificate: Invest a fixed amount monthly for 11 months, and receive a bonus in the 12th month.
- Gold Savings Scheme: Allows customers to accumulate gold grams over time based on their monthly deposits.
Advantages:
- Bonus gold grams or additional discounts at maturity.
- Ideal for accumulating gold for jewelry purchases.
Best For: Jewelry buyers who prefer a systematic savings approach.
Ready to Learn More About Kalyan Jewellers Gold Schemes? Click Here to Explore Details and Start Your Investment Today!
7. PNB Gold Monetization Scheme (GMS)

PNB Gold Monetization Scheme (GMS) aims to earn interest on idle gold by depositing it in a special account. Customers can deposit their gold for short-term (1-3 years), medium-term (5-7 years), or long-term (12-15 years) and earn up to 2.5% interest per annum. This scheme is suitable for individuals with unused gold who want to earn passive income without selling their assets.
Details:
- Objective: Earn interest on idle gold by depositing it in a PNB Gold Monetization Account.
- Interest Rates: Up to 2.5% per annum based on the tenure.
- Tenure Options: Short-term (1-3 years), medium-term (5-7 years), and long-term (12-15 years).
Key Benefits:
- Interest income on your gold deposits.
- Safe and secure storage provided by the bank.
- Option to redeem in cash or gold at maturity.
Best For: Individuals with idle gold seeking to earn passive income without selling their assets.
Ready to Learn More About PNB Gold Monetization Scheme (GMS)? Click Here to Explore Details and Start Your Investment Today!
8. Prince Jewellery Golden Scheme

The Prince Jewellery Golden Scheme is a jewelry savings plan that allows customers to deposit a fixed amount starting from ₹500 monthly. At the end of the plan, customers can use the accumulated amount to purchase jewelry, benefiting from discounts on making charges. This scheme is ideal for budget-conscious buyers looking to save for future jewelry purchases.
Features:
- Monthly Installments: Flexible monthly deposit plans starting from ₹500.
- Maturity Benefits: Use the accumulated amount to purchase jewelry with discounts on making charges.
Pros:
- Low entry point for monthly savings.
- Customizable plans based on your budget.
- Attractive discounts at maturity.
Best For: Budget-conscious customers planning to purchase gold jewelry.
Ready to Learn More About Prince Jewellery Golden Scheme? Click Here to Explore Details and Start Your Investment Today!
Factors to Consider When Choosing a Gold Scheme in 2025
- Objective: Define whether you want to buy jewelry, earn interest, or simply invest in gold for long-term gains.
- Risk and Safety: Government-backed options like SGBs offer high safety, while jewelry schemes may carry more risk due to price fluctuations.
- Returns: Compare interest rates, bonuses, or discounts offered by different schemes.
- Flexibility: Digital gold and ETFs offer high liquidity, while monthly saving schemes may lock your funds until maturity.
- Tax Implications: Choose schemes like SGBs for tax benefits or digital options for convenience.
Comparative Table of Top 8 Gold Saving Schemes in India (2025)
Scheme | Issuer | Type | Tenure | Interest/Bonus | Liquidity | Tax Benefits | Best For |
---|---|---|---|---|---|---|---|
Sovereign Gold Bond (SGB) | RBI | Paper/Digital Gold | 8 years (exit after 5) | 2.5% per annum | High (tradable on exchanges) | Capital gains tax exemption | Long-term, secure investment |
Tanishq Golden Harvest | Tanishq | Jewelry Purchase Plan | 10 months | Bonus equal to one installment | Limited to Tanishq stores | No tax benefits | Buyers planning jewelry purchases |
Malabar Gold Smart Buy | Malabar Gold | Online Reservation | N/A | Discounts on making charges | Limited to reserved jewelry | No tax benefits | Locking current gold prices |
HDFC Bank Gold Scheme | HDFC Bank | Digital Gold Investment | Varies (ETFs/SGBs) | Based on market value (ETFs) | High | Tax benefits on SGBs | Digital-savvy investors |
ICICI Gold Saving Schemes | ICICI Bank | Digital/ETFs/SGBs | Varies | Based on product selected | High | Tax benefits on SGBs | Flexible, diverse investment options |
Kalyan Jewellers Gold Scheme | Kalyan Jewellers | Jewelry Purchase Plan | 11 months (or gold grams) | Bonus gold grams | Limited to Kalyan stores | No tax benefits | Systematic jewelry savings |
PNB Gold Monetization Scheme | Punjab National Bank | Gold Deposit | 1-15 years | Up to 2.5% per annum | Medium (depends on tenure) | Tax exemption on capital gains | Earning income from idle gold |
Prince Jewellery Golden Scheme | Prince Jewellery | Jewelry Purchase Plan | Varies | Discounts on making charges | Limited to Prince stores | No tax benefits | Affordable jewelry savings |
according to the table we Choosing the Right Gold Scheme in 2025 Based on Your Financial Goals:
- For secure, government-backed investments, Sovereign Gold Bonds (SGBs) are the top choice, offering both interest income and exemption from capital gains tax.
- For jewelry buyers, schemes from Tanishq, Malabar, Kalyan Jewellers, and Prince Jewellery provide attractive bonuses and flexible installment options, ideal for those planning to buy jewelry.
- For digital investors, HDFC Bank and ICICI Bank offer convenient online investment options such as Digital Gold, ETFs, and SGBs, catering to those seeking easy, paperless investments.
- For earning passive income from idle gold, the PNB Gold Monetization Scheme is a smart option, providing interest income while securely storing your gold.
In 2025, the best gold scheme for you will depend on your investment goals, whether it’s wealth accumulation, jewelry purchases, or earning regular interest. Sovereign Gold Bonds provide security and tax benefits, while jeweller schemes offer attractive incentives for jewelry buyers. Bank investment options like Digital Gold and ETFs are ideal for those preferring flexible, online transactions.
By assessing your financial needs and understanding each scheme’s offerings, you can make an informed decision that aligns with your goals and maximizes returns. Happy investing!