Anant Ladha On How To Earn Tax-Free Interest on Your Gold Jewellery!

Do you have some gold jewelry lying idle in your locker? What if it could earn more interest and help you to grow your wealth? Anant Ladha, a profound name in finance education, breaks down on how the Gold Monetisation Scheme (GMS) can turn your idle gold into a good income-generating asset.

How the Gold Monetisation Scheme Actually Works:

Deposit Gold Jewellery, Coins, or Bars:

You can deposit any form of gold under the scheme at only the authorized banks.

Gold Gets Converted:

Your gold is perfectly melted and refined into 995 fineness gold bars. The equivalent weight is then credited to your gold deposit account.

Returns at Maturity:

When the tenure ends, you can either:

• Get back the value in Indian Rupees, or
• Opt for gold bars/coins of some equivalent weight.
• Note: You won't get back your original jewelry 

Long-Term Lock-In:

This is not a short-term investment. The scheme typically comes with a lock-in period of around 15–17 years.

Tax-Free Interest & Growth:

Here's the real win:

• You will earn interest on your gold deposits
• Any appreciation in the value is completely tax-free, with no capital gains tax

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Anant Ladha's Study:

“The Gold Monetisation Scheme is perfect for investors who have idle gold and don't intend to reuse the jewelry. It's not for sentimental pieces— but it's quite perfect if you want your gold to work best for you.”

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