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Malabar Gold & Diamond Coupon Code: Upto 80% Off Offers

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21 Malabar Gold & Diamonds Promo Codes, Coupon Codes & Discounts for August 2026

Community Picked
Diamond Jewellery
Last Verified 10 days ago
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13 Used
Under Rs. 15000
Last Verified about 1 month ago
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18 Used 31/12
Best Collection
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7 Used 31/12
From Rs. 20,000
Last Verified 16 days ago
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7 Used 31/12
From rs. 20,000
Last Verified 16 days ago
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8 Used 31/12
Below Rs.20,000
Last Verified 7 days ago
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14 Used 31/01
Top Picks
Last Verified about 2 months ago
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13 Used 31/12
Special Offer
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11 Used
From Rs. 8889
Last Verified about 2 months ago
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9 Used
Stylish Jewellery
Last Verified about 2 months ago
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6 Used
From Rs. 2497
Last Verified about 2 months ago
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7 Used 31/12
From Rs. 8723
Last Verified about 2 months ago
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6 Used
Best Price
Last Verified 16 days ago
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7 Used
Starting at Rs. 749
Last Verified 16 days ago
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32 Used
Best Deal
Last Verified about 2 months ago
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28 Used
Starts @ Rs. 32298
Last Verified about 2 months ago
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25 Used
Starts @ Rs. 24776
Last Verified about 2 months ago
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20 Used
Best Deal
Last Verified about 2 months ago
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18 Used
Starts @ Rs.5620
Last Verified about 2 months ago
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28 Used
Best Prices
Last Verified 16 days ago
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21 Used
Hot Deal
Last Verified about 2 months ago
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26 Used

More information about the deals and coupons on Malabar Gold & Diamonds

🛍️ Active deals and coupon codes Malabar Gold & Diamonds: 21

⚡ The best offer: ₹ 0

🕰️ Last update: 21/08/2026

🆕 New deals found: 0

If you’re looking for a Malabar Gold & Diamonds coupon code, we have covered the latest Malabar Gold & Diamond jewellery offers, promotional coupon codes and sale deals on this page. While Malabar doesn’t always offer a direct coupon on gold jewellery, shoppers can get up to 30% off on making charges using promo codes during select festive sales. If you’re a member of the Malabar Gold Purchase Plan, you can get 75% to 80% off on making charges after completing the required investment tenure. Diamond jewellery, wedding jewellery, gold coins and already discounted products can have different coupon terms and conditions and some offers can’t be combined with bank discounts or gift vouchers. You can also save through credit card offers, exchange benefits, advance booking plans and festive deals such as Malabar Diwali Sale and Akshaya Tritiya promotions. At DesiDime, we source the latest, manually verified and 100% working Malabar Gold & Diamonds coupon codes, promotional offers including discounts on making charges, free gold coin offers and other limited-time deals that you won’t find anywhere else. We’ve also answered some of the most commonly asked questions about using Malabar gift vouchers, bank offers, exchange benefits and buyback terms so you know exactly how to make savings on buying Malabar Gold & Diamond jewellery.

Can I get a Malabar Gold & Diamonds coupon code on gold jewellery?

There’s no special Malabar Gold & Diamonds coupon code on gold jewellery. Buyers can get 75% to 80% discount on making charges of gold jewellery if they’re part of the Malabar Gold Purchase Plan. Although you do need to finish the minimum required tenure of investment to avail the benefits. Select credit cards from banks like SBI, HDFC and Axis also offer special cashback and discount offers on Malabar during Akshaya Tritiya and other select festivals.

Are Malabar Gold & Diamonds discount codes valid on diamond jewellery and making charges?

Yes, Malabar Gold & Diamonds discount code applies to both gold and diamond jewellery making charges. Buyers can get upto 30% off on making charges using promotional code available during select sale periods. Select Malabar coupon codes also offer 0% deduction benefits on exchanging old gold.

Can I use a Malabar Gold coupon code along with a bank offer?

Yes, buyers can combine Malabar Gold coupon code along with a bank discount offer. Simply pay your bill using the eligible credit card or debit card to avail the discount. Although do note that during select sale promotions, coupon code offers may not be combined with bank discounts. Also, select gold and diamond items might be excluded from combining promotional bank offer discounts with coupon code.

Why is my Malabar Gold & Diamonds promo code not applying to my jewellery order?

Malabar Gold & Diamonds promotional code cannot be applied on every order or for every precious metal element. Here are some of the reasons why your Malabar Gold & Diamond coupon code might not be working:

  • Make sure you’re using the correct coupon code. Malabar promotional codes are usually applicable only on select items such as nose rings, etc. So make sure you’re applying the right discount code to the right jewellery item.

  • Make sure you’re not clubbing coupon codes with existing sale discounts (esp when it’s not allowed). During select sale promotions such as Malabar Gold Diwali Sale, the brand already offers deals like free 100mg of Gold Coin on purchase above ₹30000 Gold Jewellery + Up to 30% Off and thus, disables clubbing of coupon codes or any other offers.

  • Buyback jewellery is typically excluded from additional promo code discounts. So make sure you’re not applying a promo code on ineligible categories and jewellery items.

  • If your coupon code is still not working, try clearing your browser cache and cookies or try applying the same promo code via a different account and browser and select coupons can be user-specific.

Does Malabar Gold offer a first order discount or coupon for new customers?

Malabar Gold and Diamonds doesn’t offer a first order discount code or promo code specifically for new users. Earlier the brand used to offer welcome rewards like 10% off on the first order and gift vouchers for their Malabar Gold & Diamond app users. However, that offer is now paused. First time buyers can still visit Malabar retail stores for their first order and the brand might offer a small first order discount of 5% or discount on making charges depending on the type of jewellery you’re buying and its value. Also, note that extra in-store discounts are typically denied if you’re paying using gift vouchers.

Can I get a Malabar Gold discount when buying gold coins or gold bars?

Malabar doesn’t offer a direct discount on buying gold coins or gold bars. This is because unlike jewelry, gold coins and bars are sold based on the fixed daily market rate of gold plus standard, non-negotiable minting or making charge. They’re also excluded from the Malabar Advance Booking Schemes. So instead, buyers can make savings using Malabar Gold Coin gift vouchers (max 9 vouchers per transaction) or paying using select credit cards like HDFC Diners Black Metal Credit Card, Amazon Pay ICICI Credit Card or HDFC Tata Neu Infinity for 2 Lakh swipe offline. During select festive sales such as Akshaya Tritiya or Diwali, Malabar sometimes offers free 0.5mg gold coin + bank offers on orders above a certain amount. This could be a great way to make savings on Malabar gold coins and bars.

Can we get discount on Malabar Gold & Diamonds if we pay using Gift Vouchers

No, Malabar Gold & Diamonds excludes additional in-store discount offers if a buyer insists on paying using gift vouchers. While you might still get a small discount on making charges especially if it's your first order, do not expect additional discount on buying jewellery. If your jewellery gets any discount because of any ongoing offer or store discounts you might not be able to use gift cards.

Are Malabar Gold & Diamonds offers available online and at physical showrooms?

Yes, Malabar Gold & Diamonds offers are available both online and offline. The brand offers 100% value of 22kt gold exchange and diamond exchange along with a one-year insurance on jewellery worth above ₹20,000. There’s also Malabar Advance Wedding Booking Plan wherein buyers can book jewellery in advance and at the time of purchase, get the jewellery at the booked rate or prevailing rate, whichever is lower. Apart from this, Malabar also offers occasional discounts on making charges for their in-store customers.

Does Malabar Gold offer extra discounts on making charges during festive sales?

Yes, Malabar Gold offers extra discounts on making charges during select festive sale periods such as Akshaya Tritiya or Diwali. Buyers can get upto 30% off discount on making charges of all gold, uncut and gemstone jewellery and upto 30% off discount on diamond value. These offers may vary for online and offline stores so be sure to check the offer availability.

Can I use a coupon code when buying wedding or bridal jewellery from Malabar Gold?

No, Malabar Gold & Diamond bridal jewellery is usually excluded from any promotional coupon code discounts. Buyers can still avail discount/cashback offers via offer-eligible credit cards, using gift vouchers or avail upto 80% discount on making charges via the Malabar Gold Purchase Plan.

Are Malabar Gold & Diamonds coupon codes valid on already discounted jewellery?

No, customers cannot club coupon code discounts on already discounted jewellery items.

How often does Malabar Gold & Diamonds release new coupon codes and jewellery offers?

Malabar Gold & Diamonds releases new promotional offers once every few months, typically around major festive or sale seasons. The brand offers its biggest discounts of the year during the Diwali Sale season. Other popular promotional sale events include Malabar Gold The Big Brilliant Sale in March, the Har Tyohaar ke Sang Malabar Sale in October or the Akshaya Tritiya offer in April. These are some of the major sale events during which Malabar releases new promotional discounts, coupons and offers.

Does Malabar Gold & Diamonds 14-day exchange policy apply to jewellery bought during a promotional offer?

No. The 14-day exchange policy does not apply to jewellery purchased under promotional products or special offers. If you buy jewellery using a promotional discount or as part of a special offer, check the applicable terms before purchasing, as the standard 14-day exchange benefit may not be available.

Will my Malabar Gold & Diamonds promotional discount affect the exchange value of my jewellery?

Yes, it can. For exchanges made after 14 days, Malabar Gold & Diamonds calculates the exchange value based on the applicable prevailing rates and deducts the discount % offered at the time of purchase for categories such as diamond and solitaire jewellery. This means the discount you received when buying the jewellery can affect its exchange value later.

Can I exchange jewellery bought with a Malabar Gold & Diamonds coupon code or special offer?

It depends on the offer. Jewellery purchased under promotional products or special offers is excluded from the 14-day exchange policy. For eligible products, the original invoice and accompanying certificates or documents are required, and Malabar Gold & Diamonds will evaluate the jewellery before confirming its exchange value.

Does Malabar Gold & Diamonds deduct the promotional discount when calculating the buyback value?

Yes. Malabar calculates the buyback value using the prevailing rate and considers the discount offered when you originally purchased the product. For example, diamond jewellery gets 90% of the prevailing diamond carat rate after deducting the purchase discount. For Era or Uncut Jewellery, Malabar pays 80% of the invoice value of the uncut diamond after deducting the discount. For Precia or precious stone jewellery, the precious stone component is valued at 70% of the invoice value after deducting the purchase discount.

How much will I get if I sell my Malabar Gold jewellery back?

For Gold Jewellery, Malabar's buyback rate is 98% of the benchmark gold rate. For Gold Coins, it is 96% of the benchmark gold rate. Diamond jewellery gets 96% of the benchmark gold rate for the gold component, if applicable, plus 90% of the prevailing diamond carat rate after deducting the purchase discount. The jewellery must also pass Malabar's quality check, which can take up to 4 working days.

Does Malabar Gold & Diamonds offer buyback on jewellery bought during a sale or promotional offer?

Yes, buyback can still be available, but the policy may vary for specific products or during promotional periods. Also, the discount you received at the time of purchase can be considered into the buyback calculation. For example, the diamond component of eligible diamond jewellery is valued at 90% of the prevailing diamond carat rate after deducting the purchase discount. So, a promotional discount can affect how much you finally receive.

FAQ's for Malabar Gold & Diamonds Offers & Coupons

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