The limit for depositing gold under the Gold Monetisation Scheme varies depending on whether the gold is monetised as a deposit or as a bond. For gold deposits, there is typically no upper limit, allowing individuals, institutions, and trusts to deposit any amount of gold they own. However, for Gold Bonds issued under the Sovereign Gold Bond (SGB) scheme, individual investors have a specified limit per financial year, which is announced by the government. This limit ensures that the scheme remains manageable and aligned with the government's fiscal objectives while encouraging individuals to invest in gold through financial instruments rather than physical holdings.

The interest rates for the Gold Monetisation Scheme (GMS) vary depending on the type of deposit. Typically, the scheme offers different rates for short-term deposits (1-3 years) and long-term deposits (5-7 years). Short-term deposits generally earn lower interest rates, often comparable to Savings Accounts, while long-term deposits tend to offer higher rates, akin to Fixed Deposits. These rates are determined periodically by the government and are competitive relative to prevailing market conditions. Participants in the GMS can benefit from earning interest on their gold holdings while contributing to the country's economic growth through the efficient use of idle gold resources.

The Gold Monetisation Scheme offers several benefits, primarily enabling individuals to earn interest on their idle gold holdings. By participating, one can generate returns on gold that would otherwise lie dormant in lockers or homes. This initiative also helps individuals save on storage costs typically associated with safeguarding gold. Accepted in forms such as bars, coins, and jewellery, the scheme ensures transparency and credibility through tie-ups with reputable refiners. Moreover, the option to have gold purity checked and assessed in one's presence at Certified Public Testing Centers adds further assurance and convenience to participants of the scheme.