Terms And Conditions
- 1. GOLD HARVESTING PLAN 1.The Monthly advance against purchase of jewellery must be equal and paid continuously for eleven months. The advance payments cannot be extended beyond 11th month and is not transferable under any circumstances. 2.On completion of eleven months from the date of enrolment, the customer will be eligible to purchase any Gold jewellery with 50% OFF ON wastage (VA) under gold harvesting plan including Gold coin limited to the accumulated amount. 3.Customers who choose to discontinue will not be eligible for any benefit/ discount on wastage (VA) and can only redeem to the extent of Accumulated gold weight under the plan, by paying 100% wastage (VA) on thebasis of prevailing gold rate. 4.Payments of monthly advance against purchase of jewellery beyond the stipulated period or payment for more than one month wilill not be allowed. 5.Customers who choose to pre-close the enrolment will not be eligible for any benefits. 6.When the customer purchases jewellery in excess of accumulated amount or in excess of accumulated gold weight,
- 2. Monthly Saving Bonus Plan 1. Every Month 1000/2000/3000/5000/10,000 in monthly installments for 11consecutive months. 2. The installment should be paid by the 15th of the corresponding English month. Compounding of installments (more than one) is not acceptable. 3. Only members who have paid installments for 11 consecutive months will get Rs. 12000/- 24000/- 36000/- 60000/- 120000/- worth of gold jewelery or silver jewelery will be given as per the markot price of the day. 4. Only Gold & Silver jewelery will be given for the amount enrolled in the scheme. Cannot be paid in cash for any reason. 5. GST shall be collected from the members. 6. Unless requested for disputer court of Madras City alone Jurisdiction
- 3. Diwali Gold Scheme 1. Customers must pay for 12 consecutive months. 2. The installment amount should be paid by the 10th of the corresponding English month. Compounding of installments (more than one) is not acceptable. 3. Only gold jewelry will be given to customers who have paid installments for 12 consecutive months. 4. Only gold jewelery will be given for the amount enrolled in the scheme. Cannot be paid in cash for any reason. 5. Customers who continue to pay installments can get the product equivalent to the amount paid after the end of 12 months. 6. If the price of 1 gram of gold Rate below 7000 while getting the jewelery under the maturity of the scheme, the management will give you the difference amount. (Conversely) If the price of 1 gram gold Rate above 7600 then you will be charged the difference. * All decisions taken under this scheme are administrative. Decisions taken by administrators are final.
