In India, the demand for precious metals, including gold and silver, has increased significantly over the years. However, the supply of these metals is limited, and the price of gold and silver is fluctuating often. To keep yourself safe from the fluctuating prices and ensure you always get a good deal, you can opt to buy precious metals in the form of a fixed-income annuity.

The Mahalaxmi Annuity is a tax-saving product that allows you to buy a certain amount of gold or silver every month, and earn interest on it. We provide you the facility to buy the precious metals in the form of an annuity and invest in the precious metals. The interest you earn on your investment will be added to your income and will be more than what you would have earned if you had simply kept the money in your bank account.

How does it work?

We buy a certain amount of gold or silver from a customer and invest it in the customer's name.