Gold Savings Scheme (GSS)
Monthly installment plan at a jeweler where 11 of your payments are matched on the 12th, and you get making charge waivers on final purchase.
GSS plans are the jeweler's version of a chit fund. You pay a fixed amount monthly for 11 months; the jeweler funds the 12th installment. At the end, you redeem the accumulated amount plus the bonus for jewelry at the current gold rate. Making charges are typically capped or waived. The catch: redemption is only at that jeweler, only in jewelry (not coins), and lock-in is 12 months minimum.