Let your gold generate more gold for you!
Mumbai, September 30, 2013: Let your gold generate even more gold for you! Tribhovandas Bhimji Zaveri Limited (“TBZ Ltd.” or “TBZ-The Original”), a well-known and trusted jewellery retailer in India with a legacy of over 150 years, is introducing an attractive “TBZ Gold Plan” that will multiply your gold while putting your ‘idle’ gold into a safe hands.
If the initial gold has been purchased from TBZ-The Original and simultaneously placed in TBZ Gold Plan, you will get 110 grams after 12 months. If you initially place 100 grams of gold (24 kt fine/ standard) in the TBZ Gold Plan, you can get 105 grams of gold after 12 months. After the maturity, a customer needs to avail the benefit within 90 days.
You can place minimum of 10 grams of gold coins and bars and thereafter in multiples of 5 grams up to an overall maximum of 500 grams.
Mr. Kiran Dixit, Group Head-Marketing & Advertising, TBZ Ltd., said, “Tribhovandas Bhimji Zaveri Ltd., which is synonymous with tradition, trust and transparency, has unveiled TBZ Gold Plan in line with initiative to launch customer friendly schemes. Generally people buy gold and keep it in the locker. Over the period value of gold may appreciate but it does not grow in units or grammage. Through TBZ Gold Plan, people can expect their gold growing in grammage or units.”
This is ideal for those who want to invest in gold now in a simple, easy and a convenient manner and make it multiply till they need it in the future while getting several advantages such as no storage fee, free insurance, no account opening charges and no brokerage.
Under the plan, the gold placed with the company will be melted and used by the company for its business purposes. Accordingly, the gold returned to the participant will be in the form of hallmarked 24 karat gold coin/s or bar/s manufactured by Tribhovandas Bhimji Zaveri Limited, of the same specifications as the gold offered by the participant. At the time of redemption, relevant tax deductions at source are applicable as per the Income Tax Act, 1961.
TBZ-The Original demonstrated unmatched prowess in innovative jewellery design, a hallmark that has made this more than a century-old company an institution in the realm of jewellery. TBZ’s Dohra Detachable Jewellery new collection was an industry benchmark for innovation for all seasons. Rounding up TBZ-The Original’s exciting various offers during FY13 were the signature collections such as the Temple Jewellery Collection, Surprises Collection, Necklace Collection and the Showstoppers Collection. TBZ-The Original’s Bridal Collection represents wedding specialist TBZ-The Original’s unmatched prowess in innovative jewellery design, a hallmark that has made this more than a century-old company an institution in the realm of jewellery.
About Tribhovandas Bhimji Zaveri Ltd.
TBZ Ltd. (BSE: 534369 | NSE: TBZ) has a 150-year old track-record of trust, quality and purity of its products, TBZ has won several prestigious awards including the Readers Digest Trusted Brand Asia in the category of Jewellery Shop in 2006, 2007 and 2008. TBZ has received other awards for both products and customer service, including the DTC Best Showroom award in 2004 and 2006, the DTC Best Diamond Moments award in 2005 for customer interactions, the DTC Best Showroom and Sales Person award in 2006 and 2007, the Jaipur Jewellery Show Gold Souk Awards 2007, which honoured TBZ’s contribution to the gem and jewellery industry in India, and the Jamnalal Bajaj Uchit Vyavahar Puraskar 2007 – Council for Fair Business Practices Award. Another prestigious win for TBZ-The Original came when it bagged 2 awards under the marketing excellence category along with being awarded as the ‘Best Branded Traditional Jewellery of the Year 2012’ Award from the Bombay Bullion Association at the 9th India International Gold Convention Hyderabad. This year, Mr. Shrikant Zaveri, Chairman & MD, TBZ Ltd., received the coveted prestigious MACCIA Award 2013 for Excellence in Entrepreneurship – Large Enterprise in Gems & Jewellery category award from Hon. Union Minister Mr. Sharad Pawar at a glittering function organized by the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA). TBZ-The Original has 26 stores in 20 cities across 7 States including Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Kerala, Andhra Pradesh and West Bengal.