Is Gold Monetisation Scheme safe?

Yes, the scheme is backed by the Government of India and regulated by the RBI, making it safe.

What is the minimum gold required?

Minimum deposit required is 30 grams of gold.

Can I get my jewellery back?

No, the jewellery is melted during the process, and you receive only the equivalent value.

What is the interest rate in 2026?

The interest rate depends on banks but is generally around the 2% range.

Gold Monetisation Scheme (GMS)

In India, most households keep gold in lockers, without earning any return. The Gold Monetisation Scheme converts this unused asset into an income-generating investment. It helps you earn interest while also supporting the country's economy. If used smartly, the Gold Monetisation Scheme is about making your idle gold work for you.

Investment plans

Generate wealths Earn 1 Cr^# in maturity with Zero LTCG tax^¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D)
Compare & Choose 30+ Plans and 150+ Fund options

We are rated⁺⁺

13.2 Crore

Registered Consumer

Insurance Partners

6.29 Crore

Policies Sold

Top Performing Plans With High Returns

Your Name

+91

Mobile Number

Your personal information is secure with us

By clicking on ''View Plans'' you, agreed to our Privacy Policy and Terms of use

Get Updates on WhatsApp

Top Features and Benefits of Sovereign Gold Bond

Earn Passive Income: You can earn passive income on gold that is otherwise lying idle.
No Storage Charges: There is no need to pay locker or storage charges.
Government-Backed Safety: The scheme is safe and backed by the government, ensuring security.
Better Financial Planning: It helps in better financial planning by generating returns.
Convert Non-Productive Assets: It converts a non-productive asset into an income-generating asset.

What are the Key Requirements to Buy Sovereign Gold Bond

Minimum Deposit: Minimum deposit required under the scheme is 30 grams of gold.
Maximum Limit: There is no maximum limit, so you can deposit any quantity of gold.
Gold Forms Accepted: You can deposit gold in the form of jewellery, coins, or bars.

Purchase Limits

Investor Category	Minimum Limit	Maximum Limit
Individual (single or joint)	30 Grams	No maximum limit
Hindu Undivided Family (HUF)	30 Grams	No maximum limit
Company or firm	30 Grams	No maximum limit
Trust or charitable institution	30 Grams	No maximum limit

Step-by-Step Process to Buy Sovereign Gold Bond

Visit a Designated Bank Branch
- Visit a designated bank branch that offers the scheme.
- Confirm availability beforehand as the scheme may not be offered at all branches.
Submit Gold for Purity Testing
- Submit your gold for purity testing at a CPTC centre.
- The gold is tested to ensure accurate valuation and quality assessment.
Gold Melting and Refinement
- The gold is melted and refined to standard quality.
- The gold is converted into 995 purity standard gold before deposit, ensuring uniform valuation.
Create Deposit Account and Start Earning
- The equivalent value of gold is credited to your gold deposit account.
- Interest on your deposit starts accruing after the conversion process.
- At maturity, you receive the final amount in gold or cash, as per your selection.

Final Thoughts!

Gold Monetisation Scheme is a smart way to unlock value from idle gold, but it may not suit every investor. In 2026, as the scheme focuses more on short-term deposits, it has become a practical and tactical option rather than a long-term strategy. The real benefit comes when you combine it with other investments. If used wisely, it can help you generate steady income without selling your gold.

FAQs

Is Gold Monetisation Scheme safe?

Yes, the scheme is backed by the Government of India and regulated by the RBI, making it safe.
What is the minimum gold required?

Minimum deposit required is 30 grams of gold.
Can I get my jewellery back?

No, the jewellery is melted during the process, and you receive only the equivalent value.
What is the interest rate in 2026?

The interest rate depends on banks but is generally around the 2% range.

Invest More Get More!

You Get

₹1 Crores*

You Invest

₹10K/month

You Get

₹80 Lakhs*

You Invest

₹8K/month

You Get

₹50 Lakhs*

You Invest

₹5K/month

Calculators

Show More Calculator

Investment Calculator

One time
Monthly

Amount I wish to invest ₹

Invest for (Years)

Stay invested for (Years)

Expected rate of return (in %) / Year

Sensex has given 10% return from 2010 - 2020

You invest

You get

View plans

Investment plans Articles

Popular Articles

Sovereign Gold Bond

27 Jul 2026

Gold has always been more than just a metal in Indian

Investing 101

26 Jul 2026

Investing is a method to create wealth from your pre-existing

Risk Profile

13 May 2026

A risk profile helps you understand how much risk you can take

Pradhan Mantri Ujjwala Yojana

13 May 2026

The Pradhan Mantri Ujjwala Yojana (PMUY) is a government-backed

Madhya Pradesh Government Schemes

16 Apr 2026

Madhya Pradesh, the "Heart of India," is a state rich in culture

How to Check CIBIL Score

07 Nov 2025
117947

Checking your CIBIL Score is a simple process that gives you instant insight into your financial health and

Compound Interest Calculator

17 Nov 2021
73537

A compound interest calculator helps determine the future value of an investment based on regular compounding. By

IPPB KYC Online

14 Oct 2025
12165

India Post Payments Bank (IPPB) extends the reach of the postal network with digital banking services. Completing

IPPB Balance Check

13 Aug 2025
29757

India Post Payments Bank (IPPB) has made it simple for lakhs of account holders, including senior citizens and

Post Office RD ₹5,000 Per Month for 5 Years

23 Feb 2026
3473

Post Office RD ₹5,000 per month over 5 years is a savings scheme provided by the government, by which

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Past 10 Years' annualised returns as on 01-07-2026

^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.

Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.

**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).