Bhima Jewellery

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Bhima

Bhima Suvarnarambham: A Golden Beginning for Your Little One

As parents, we dream of giving our children the best start in life. With this thought in mind, Bhima Jewellery, has introduced something truly special: the Suvarnarambham Scheme.

This scheme is Kerala’s first-ever jewellery savings plan specifically designed for children under the age of five. The Suvarnarambham Scheme provides an easy way for families to start saving for their child’s future by investing in gold— a valuable asset that keeps its worth over time.

The Importance of Savings

As parents, one of the best gifts we can give our children is the habit of saving. Teaching kids about savings at an early age helps instill financial discipline, which will benefit them throughout their lives. The Suvarnarambham Scheme encourages this by allowing families to invest in gold, a symbol of security and stability right from their child’s first steps.

Why Gold is the Best Choice for Savings

Gold has always been a preferred savings medium due to its enduring value. As the price of gold tends to increase over time, your savings under this scheme grow in worth, making it a smart financial decision. With Bhima Jewellery’s Suvarnarambham Scheme, your investment transforms into a precious asset for your child’s future milestones.

What is Suvarnarambham Scheme?

Suvarnarambham Scheme is a simple, smart way for parents to start saving for their children’s future by investing in gold. For kids under five, this scheme offers families the opportunity to give their little ones a golden beginning with a meaningful gift that will last a lifetime. It’s more than just a savings plan; it’s a way to celebrate your child’s early years and secure a brighter future.

Why is it special?
1. First Installment Paid by Bhima
Bhima Jewellery makes it easy by covering the first installment of the scheme. That means you don’t have to worry about starting off—Bhima helps you take the first step towards saving for your child’s future.

2. Start Redeeming from the 8th Month
One of the best parts of this scheme is the flexibility. You can start redeeming the gold as early as the 8th month, giving you the freedom to start purchasing gold sooner and see your savings grow faster.

Terms and Conditions
Enrollment: Members can join the scheme by opting for a monthly installment starting from Rs.1,000 and in multiples of 1,000.

Eligibility: Open to parents/legal guardians of children below 5 years. Age proof of the child is mandatory.

Initial Deposit: The first installment is paid by Bhima Jewellery and credited to the member’s accounts as gold weight based on the corresponding day’s gold rate. Defaults or delayed payments after the scheme period will forfeit the bonus weight.

Multiple Investments: Members can participate in other investment plans simultaneously.

Payment Terms: Monthly advances must be equal and paid consecutively for six months. Advances cannot extend beyond the 6th month, are nontransferable, and can only be used for jewellery purchases.

Transfer Restrictions: Installments cannot be transferred to another individual or another investment plan.

Excess Weight Charges: Full making charges will apply to any excess weight beyond the accumulated gold weight.

Gold Rate Decrease: If gold rates decrease, customers may opt for the bonus scheme, receiving 50% of the first installment paid by Bhima.

Payment Schedule: One installment must be paid each month to avail of scheme benefits. Advance payments are not accepted, and no interest is applicable for such payments.

Address Changes and Lost Passbooks: Members must immediately inform the jewellery shop of address changes or lost passbooks and apply for a duplicate with updated KYC details.

Payment Modes: Payments exceeding Rs.33,000 must be made through DD, debit/credit cards, NEFT, RTGS, or similar modes, not in cash.

Multiple Account Restrictions: Members cannot use multiple jewellery plan accounts for a single jewellery purchase if the monthly advance exceeds Rs.2,00,000 in cash.

Jewellery Purchase Requirements: Members must surrender their passbook and provide valid ID proof at the time of jewellery purchase.

Nomination: Members must appoint a nominee at the time of enrollment.

Taxes and Levies: Members are responsible for GST and other government levies during purchase or delivery.

Scheme Closure: The scheme must be closed within 9 months from the date of joining to avail benefits.

Withdrawal Restrictions: Premature withdrawal is not allowed. Defaulting members will be forfeited of scheme benefits.

Gold Possession: Gold ornaments can only be collected 30 days after the scheme’s completion.

Management Discretion: Bhima Jewellery management reserves all rights and final decisions regarding the scheme.

Jurisdiction: The scheme is governed under the jurisdiction of respective Bhima Jewellery showrooms.

Regulatory Compliance: The scheme complies with government-prescribed rules and regulations from time to time. With a legacy of trust and quality, Bhima Jewellery, since 1925, has been a part of countless families’ celebrations for nearly a century. Now, with the Suvarnarambham Scheme, Bhima continues to help families secure their children’s future in a meaningful way.

Want to purchase gold jewellery online?? Check out our Online Shop now https://bhimajewellery.com/shop/


Looking for more insightful blogs and information? Stay tuned as we explore other enriching topics and traditions in our upcoming blogs.

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It's Still Not Too Late!

Last updated: 07/07/2025

24kt Gold Rate - 10030/GM

22kt Gold Rate - 9010/GM

18kt Gold Rate - 7435/GM

Silver Rate    - 119/GM


It's still not
too late!

Last updated : 10/06/2024

24kt Gold Rate  – 7420/GM
22kt Gold Rate  – 6570/GM
18kt Gold Rate  -5470/GM
Silver Rate        – 96/GM

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