Terms & Conditions

Gold Rakshana - Terms and Conditions
1. Customers must pay the monthly installment continuously for 11 months to receive the full benefits of this jewelry savings plan.
2. The monthly installment amount should be paid based on the price of 22-carat gold on the day of payment. (The paid amount will be credited as gold weight).
3. The monthly installment amount under this plan will vary according to the daily gold price.
4. Customers can save a fixed weight of gold every month in the installment scheme. The weight cannot be changed monthly. (Example: If you save 1 gram per month, you will save 11 grams in 11 months).
5. After completing 11 months, in the 12th month, customers can collect gold jewelry along with the saved weight and a 1-month bonus weight by paying the making charges and GST. No other benefits can be claimed.
6. If the customer fails to pay the installment for the full 11 months (PRE MATURE CLOSING), they can collect jewelry equivalent only to the amount paid. No other benefits will be provided.
7. The monthly installment must be paid by the end of each month. If any installments are missed, the maturity period will extend accordingly. Otherwise, the management’s decision will be final.
8. The price of stones in stone jewelry is separate from the gold price under this plan.
9. Customers cannot switch from one plan to another after enrolling in a plan.
10. The monthly installment must be paid for at least 6 months. If not, any gift received as part of the plan will be deducted from the savings amount.
11. Only one installment per account can be paid each month.
12. All the terms and conditions of this plan are subject to the jurisdiction of the Coimbatore court.

Swarnadhara 15 - Terms and Conditions
1. Customers must pay the monthly installment continuously for 11 months to receive the full benefits of this jewelry savings plan.
2. The amount paid under this plan will be credited as cash.
3. After completing 11 months of installments, the total amount in the customer’s account will be converted into gold weight (Savings Amount / Gold Price), and jewelry can be collected in the 12th month with up to 15% wastage waived off. (Full GST must be paid).
4. If the jewelry purchased exceeds the converted gold weight, wastage and full GST must be paid for the additional weight.
5. If the customer fails to pay the installment for the full 11 months (PRE MATURE CLOSING), they can collect jewelry equivalent only to the amount paid. No other benefits will be provided.
6. If jewelry with lower wastage is chosen, the difference will not be refunded to the member.
7. At the end of this plan, gold coins can be purchased for the accumulated amount.
8. The monthly installment must be paid by the end of each month. If any installments are missed, the maturity period will extend accordingly. Otherwise, the management’s decision will be final.
9. The price of stones in stone jewelry is separate from the gold price under this plan.
10. Customers cannot switch from one plan to another after enrolling in a plan.
11. The monthly installment must be paid for at least 6 months. If not, any gift received as part of the plan will be deducted from the savings amount.
12. Only one installment per account can be paid each month.
13. All the terms and conditions of this plan are subject to the jurisdiction of the Coimbatore court.