TERMS & CONDITIONS:
1. The purchaser / customer confirms to have fully and understood the various terms & conditions of purchase
plan offered by the company and based thereon, the purchaser / customer has requested selected to avail the
gold under the Gold Plus scheme with terms and conditions as mentioned in purchase placement application &
2. The present gold purchase scheme is only in respect of 22 Carat Purity Gold and the rate prevalent at the
time of actual purchase is applicable.
3. If the minimum monthly purchase (MMP) amounts is stopped / Discontinued / Suspended then the customer will
not be eligible for cash back and gold gram will be re-calculated as per fractional gram rate. Fractional
gram rates are as follows:
(a) 4% plus for 9 gram
(b) 6% plus for 8 gram
(c) 8% plus for 7 gram
(d) 10% plus for 6 gram
(e) 12% plus for 5 gram
(f) 14% plus for 4 gram
(g) 16% plus for 3 gram
(h) 18% plus for 2 gram
(i) 20% plus for 1 gram
(j) 25% plus less than 1 gram
4. A processing fee of Rs.300/- is applicable while registering for the Plan.
5. This is a 22 carat (916) purity gold purchase plan. Refund of deposited amount is not applicable under any
6. This gold scheme not extendable under any circumstances.
7. The monthly amount agreed by the customer must be paid incessantly on agreed respective due dates by the
member no later than 10 days from the due date (for late fee 10% charges applied on the MMP amount.
8. Under this scheme the registered Purchaser/Customer cannot be transferable under any circumstances.
9. Monthly agreed amount to be paid regularly on approved dates and should not exceed the stipulated date.
10. The purchase can neither be paid in advance nor can be carried over.
11. At the time of agreement the Purchaser/Customer shall provide KYC documents one or two member may appoint
12 Payment of purchases beyond the stipulated period or payment of more than one purchase will not be
13.The minimum amount of MMP is Rs.1000/- and thereafter in multiples of Rs.500/- i.e. (Rs.1000/-, 1500/-,
2000/-, 2500/-, 3000/-, 3500/-, 4000/-, 4500/-, 5000/-, 5500/-, 6000/-, 6500/-, 7000/-, 7500/-, 8000/-,
8500/-, 9000/-, 9500/- ) and GST@3% + TCS@0.1% + TDS@0.1% + other levies .
14. In a 12 months plan, the custumer at the time of delivery of jewellery needs to pay 11 monthly purchases
company will pay the 12th
15. The Gold to be handed over/delivered to the customers shall be in the form of
Jewellery only. Making charges, process wastage and taxes as applicable if any shall be paid by customer
separately. Gold delivery will be done within 7 working days.
16. In the subsequent case company reserves the rights to amend the whole of the privileges of the purchase
plan without prior notice or may suspend of the same plan at any time in such case money will not be
refunded and the member shall purchase any item equal to the accumulated gold weight.
17. In case of balance in grams, if any left out in the jewellery purchase plan account after adjusting the
purchase item various item shall be made available such as gold coins balance money will not be refunded.
18. The Purchaser/ Customer confirm that all particulars / details given in the applications are true and
correct and no information has been suppressed / with held.
19. The Terms and Conditions notified herein and in all Purchase Plans may be Altered, Modified and / or
issued Fresh by the Company as per the Market Dynamics and Business requirements without affecting the Basic
Values of the Purchase Plans.
20. Subjected to Hyderabad jurisdiction only.