Regular Investment Plan:- KanakDhara Bullion Limited.
Regular Investment Plan(RIP)
KanakDhara Bullion Limited. proudly present Regular Investment Plan,a unique next generation gold/silver saving product. This revolutionary new plan lets customer buy gold/silver conviniently in small amount based on daily price methodology. Regular Investment Plan offers you to buy gold/silver bullion at most competitive price generally offered only to whole sale buyers by eliminating the extra cost incured due to middlemen involved in sales,hence making gold/silver accumulation most affordable using a transparent process with assured purity.
Regular Investment Plan allows you to buy gold/silver with minimum subscription of Rs 1000 per month which translates to accumulation of gold silver for as low as Rs 50 per day.
Feature Kanakdhara Regular Investment Plan
Daily Cost Averaging
Monthly and additional subscriptions shall be split into 20 equal tranches which shall be utilized over 20 successive business days for allotment of Gold/Silver Grams as per the Daily Gold/Silver Price.
Monthly Subscription Amount
Rs. 1000/- and in multiples of Rs. 100/-thereafter. Initial Subscription can be higher than the monthly subscription amount.
Additional Subscription Amount
Rs. 1000/- and in multiples of Rs. 100/-thereafter. Initial Subscription can be higher than the monthly subscription amount.
Tenure 1 year to 15 year with interval of 1 year
Product offered Gold and silver
Product Quality
Gold Grams of 24 carat, 995 fineness, complying with international standards.
Silver Grams of 24 carat, 999 fineness, complying with international standards.
Payment Mode Net Banking, Debit Card, NEFT, RTGS, Cheque and DD.
Redeem Option
Gold Coin - 1gm, 5gm, 10gm; Silver Coin - 10gm, 20gm, 50gm, 100gm. Redemption request can be placed on the website or through delivery centres.
Gold/Silver Pricing
Average Gold/Silver price as computed by the system, the same will be displayed on the website on regular basis.
Benefits of Kanakdhara Regular Investment Plan
Systematic Gold/Silver Accumulation
A systematic accumulation technique under which you accumulate gold/silver grams by making small but regular subscriptions.
Planning for Special Events
Plan for a large Gold/Silver purchase in the future for special events like daughter's wedding, your wedding anniversary or any other joyous occasions by making regular subscriptions.
Assured Purity
Gold Grams of 24 carat, 995 fineness, complying with international standards.
Silver Grams of 24 carat; 999 fineness, complying with international standards.
Payment Mode Cheque/DD/Pay Order/ECS/Direct Debit/Online Banking.
Redeem Option
Gold Coin - 1gm, 5gm, 10gm; Silver Coin - 10gm, 20gm, 50gm, 100gm. Redemption request can be placed on the website or through delivery centres. Jewelry option also available through empanelled jewelers.
Daily Gold/Silver Price
Daily Gold/Silver Price (up to 2 decimal points) in Rupees per gram for 24 Carat Gold of 995 fineness/Silver of 999 fineness shall be declared by KDBL for all business days. The Daily Gold/Silver Price will be uploaded on www.kanakdharabullion.com.
Secure
Your gold and silver bullions are held in some of the india's strongest and most trusted specialist bullion vaults and with complete insurance while in vaults and in transit with no extra cost.
Transparency
KanakDhara Bullion Limited. ensures full transparency to its members. Weakly Statement of Holding and other details will be issued by email. Also customers are (most welcome/entitled) to ask for any details regarding KDBL services through our dedicated customer support.
KanakDhara Bullion Limited Verses Other Prevailing Products
Features Kanakdhara Bullion Limited Gold ETF Gold Savings Fund Jeweller
Backed by Physical Gold/Silver Yes Yes No No
Fulfilment Mode Gold/Silver Coins/Jewellery Cash Cash Own Jewellery Only
Allotment Price of Gold/Silver at each Subscription Net Asset Value Net Asset Value Price of gold/Silver at the end of the tenure
Mode of Subscription Cheque / DD/ ECS/ Cash/Direct Debit Stock Exchanges ECS/Cheque / DD Cash
Average Pricing Methodology Yes No No No
Impurity Risk No Not Applicable Not Applicable Yes
Default Risk No No No Yes
Flexibility to buy gold from other jewellers Yes Not Applicable Not Applicable No
Fulfilment Centres Across India Not Applicable Not Applicable At his outlet