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Minimum quantity for gold deposit scheme

Date: 30 Jun 2015    Group: Finance & Banking    Category: Investments   

I would like to know the minimum quantity of gold required to apply for Gold Deposit Scheme. How many grams is the minimum quantity? Please guide.

Not sure how much gold would be required to apply for the gold deposit schemed? Find the answer to your query here.

Author: Vandana    30 Jun 2015      Member Level: Gold     Points : 1  (Rs 1)    Voting Score: 0

The minimum quantity of gold to be deposited under the Govt. of India gold monetization scheme is 30gms. You can refer to this Ask Expert thread.

Author: Timmappa Kamat    30 Jun 2015      Member Level: Platinum     Points : 1  (Rs 1)    Voting Score: 0

The minimum quantity needed for the deposit under the scheme GMS is 30 grams.

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