Revamped Gold Deposit Scheme (R-GDS)

Revamped Gold Deposit Scheme (R-GDS)

RBI, vide its Notification no. DoR.AUT.REC.71/23.67.001/2024-25 dated 25.03.2025, has discontinued the Medium Term and Long Term Government Deposit (MLTGD) components of Gold Monetisation Scheme (GMS) with effect from March 26, 2025. However, RBI has allowed designated banks to offer Short Term Bank Deposits under GMS. Accordingly, Bank will accept gold Deposits under STBD only. 

Last Updated On : Friday, 04-04-2025

Interest Rates