A simple decision guide to the two flagship monthly gold saving schemes at Londe Jewellers Gold & Diamonds. Reviewed 29 June 2026 by the Londe Jewellers team.
Short answer: Pick the Golden Tree if you want a fixed monthly amount and a bonus month at the end (11+1 on gold, 11+2 on diamond), and you intend to buy any jewellery at the live gold rate on your redemption day. Pick the Golden Locker if you want a flexible monthly amount, you want to lock the 22K rate on every single deposit, and you want 0% making charges on your accumulated gold weight at maturity. Both are live and open for enrolment today at all 4 Londe Jewellers Gold & Diamonds stores in Nagpur, run directly by the jeweller with no third party agent, and backed by 37+ years of trust since 1989.
| Feature | Golden Tree | Golden Locker |
|---|---|---|
| Main benefit | Bonus month (11+1 gold, 11+2 diamond) | 0% making charges on accumulated weight |
| Monthly amount | Fixed amount you choose at enrolment | Flexible, any amount from Rs 1,000 upward |
| Tenure | 11 months | 11 months |
| Rate locking | Redeem at the live gold rate on your redemption day | Each deposit buys 22K gold at that day's live rate, booked in your name |
| What you redeem | Any gold, diamond or silver jewellery at the live rate | 22K gold ornaments against your accumulated 22K weight |
| Purity | Your chosen jewellery (gold or diamond) | 22K (916) BIS hallmarked gold only |
| Best for | A bonus month and full design freedom at maturity | Disciplined rate locking and saving on making |
| Enrol | Golden Tree page | Golden Locker page |
The Golden Tree is a fixed monthly gold saving scheme. You choose a monthly amount and pay it for 11 months. At maturity Londe credits a bonus, one extra month for gold (11+1) or two extra months for diamond (11+2). You then redeem the full value plus the bonus for any jewellery at the gold rate on your redemption day. The bonus does not apply to 24K gold coins, bars or 24K gold jewellery. The Golden Tree suits families who want a clean, predictable monthly habit and the freedom to choose any design when the plan matures, with a bonus month as the reward for staying disciplined.
The Golden Locker is a flexible 22K monthly gold saving plan. There is no fixed installment. You deposit any amount from Rs 1,000 upward, and each deposit buys 22K BIS hallmarked gold at that day's live rate, booked in your name, over an 11 month tenure. The maximum total is Rs 2,00,000 over up to 11 installments. At maturity you pay only the gold value for your accumulated 22K weight plus 3% GST, with 0% making charges. The full benefit window is Day 331 to Day 365 from registration, where 100% of making charges are waived. Withdrawal after month 7 but before month 11 waives 60% of making charges, and before month 7 no making charge benefit applies. Deposits are not refundable in cash. The Golden Locker suits buyers who want to spread their buying across many rate points and keep every rupee of making charge on their accumulated weight.
Still unsure? The full gold saving schemes comparison lays both plans side by side, or just walk in and the team will help you pick in a few minutes.
Both schemes are open for enrolment today at all four Londe Jewellers Gold & Diamonds showrooms in Nagpur. Our flagship store is at Sitabuldi, in the heart of the main market, open 11 AM to 8:30 PM every day. You can also enrol at Gokulpeth (the diamond depth store near West High Court Road), Manish Nagar, or Nandanvan. Bring a valid ID proof and address proof to start your monthly cycle, or message us on WhatsApp at +91 89562 91529 and the team will walk you through the scheme document.
Londe Jewellers Gold & Diamonds has served Nagpur and Vidarbha since 1989, with 37+ years of trust and 5 lakh families. Both the Golden Tree and the Golden Locker are operated directly by Londe, with no third party agent in between.
Neither is universally better, they reward different goals. The Golden Tree gives a bonus month (11+1 gold, 11+2 diamond) and full design freedom at the live rate. The Golden Locker locks the 22K rate on each deposit and waives 100% of making charges on your accumulated weight at maturity. Pick the Tree for a bonus, the Locker to save making and lock the rate.
The 0% making charge benefit belongs to the Golden Locker. It waives 100% of making charges on your accumulated 22K weight when you redeem in the Day 331 to 365 maturity window. The Golden Tree instead gives a bonus month and lets you buy any jewellery at the live rate, with making charges as per the piece you select.
Yes. Each scheme runs as its own account, so you can hold one of each at the same time. Direct mid stream switching between the two is not offered, to keep both plans simple, but starting a second account is always allowed.
The Golden Locker starts from Rs 1,000 with a flexible monthly amount, up to a total of Rs 2,00,000 over the 11 month tenure. The Golden Tree uses a fixed monthly amount that you choose at enrolment. Walk in to any Nagpur store to set your amount.
Both schemes are operated directly by Londe Jewellers Gold & Diamonds, an established jeweller with 4 physical stores in Nagpur and 37+ years of trust since 1989. There is no third party agent. Your gold weight or accumulated value is recorded and booked in your name.
