What is Gold Saving Account
Gold saving account helps individual clients to convert their savings into gold. Almost everyone is saving some amount every month for future use. Every time it is not possible to buy gold with small amount of saving and when you have sufficient amount to buy gold, what will be the price, god knows. Moreover, visiting gold shop and getting good price every time is also a big task. To avoid these problems, gold saving account giving a facility to buy gold in parts and collect in one bar form. Deposit AED 250 or multiple of it for 11 months and get the gold bar at discounted price thereafter. You can redeem it in form of one bar or multiple bars.
How to start Gold Saving Account?
- Fill online registration form (scroll down to find registration form).
- Send copy of passport, visa, emirates ID and proof of address at email.
- Once account is open you will get Account ID.
- Deposit the fund every month on or before due date.
- After 11 months you can redeem at any time.
- If rate is high at the time of redemption, you can wait for better rate.
What are the Benefits of Gold Saving Account?
- Get gold at discounted price.
- No need to visit gold shop.
- Buy gold with small savings.
- Flexibility in time.
- No geographical restrictions.
- No storage problem.
Gold price fluctuating almost every day from Monday to Friday. Buy gold at your convenient time and price. Fluctuation in price gives chance to buy at better price without doing much effort. Presence in Dubai is not necessary. Wherever you are, either in country or outside, person can open account and take the benefits of discounted price of gold. No need to buy gold bar every month and take risk to store with you in form of small bars. Instead, deposit monthly and redeem in form of bar(s) when you really need it in physical form.