The Customer can pay an amount of Rs.1,000/- or above in multiples of Rs.500/- Per Month for 10 successive months. The receipt of every transaction will be issued to the Customer.
In this scheme the Company will give Discount to the Customer in the 11th Month from Purchase made by the Customer. e.g. On a payment of Rs.1000/- for 10 months, the total investment will be Rs.10,000/-. In this case the Company will give discount of Rs. 1,000/- for Diamond Jewellery Purchase or Rs.700/- for other Jewellery purchase or Rs.600/- for Bullion (Bullion, Coin, Vedhani, etc.) purchase.
The Customer can purchase Diamond Jewellery minimum worth Rs.11,000/- or Gold & Silver Jewellery minimum worth Rs.10,700/- or Gold & Silver Bullion minimum worth Rs.10,600/- or more.
All the transactions in this scheme such as opening of a new scheme, Payment of amount, Closure & Purchase of Ornaments, etc. by the Customers can be done in any of our branches.
The Customer can give Post Dated Cheques (PDC) of local banks. The Credit date will be considered as the date on which the cheque will be cleared in the bank account of the Company. Dishonored Cheque will not be redeposited by the Company. Rs. 250/- will be payable by the Customer in the case of dishonored cheques.
The Customer can make Payment by Debit / Credit card at any of our branches or Suvidha Kendras.
Recent Photograph & any KYC document details are required to start the new scheme.
In the subsequent month, the amount should to be paid on or before the scheme commencement date. Delay in paying scheme amount will reduce the discount amount according to number of delayed days. E.g. Scheme Commencement date is 10th of Feb, so all subsequent month payments should be on or before the 10th of that month.
Discount will not be given in case of pre-closure of the scheme. As well additional discount will not be given if deposit is kept for more than scheme period.
The customer is eligible to get all the mentioned discounts only if the payment of amount is done for 10 successive months.
The prevailing Rates & Making charges will be applicable at the time of Purchase.
A “Scheme Card” will be issued to the Customer at the beginning of the Scheme. If the “Scheme Card” will be lost, duplicate card will be issued after verification & at the cost of Rs.50/-.
Amount paid under the scheme by the customer will not be given back in any circumstances. It is mandatory to purchase the Jewellery of at least worth of accumulated amount or more.
The Customer must carry an Identity Proof, Scheme card and all the Receipts at the time of purchase.
After the maturity, if the customer fails to purchase, the scheme will be dissolved on 360th day from the commencement of the scheme and the Gift Voucher will be issued worth invested amount i.e. Principle Amount.
The Gift Vouchers will be valid for 6 Months from the Issued Date.
Customer need to collect the Gift Vouchers from Branch within 1 Month from Gift Voucher Issued Date, otherwise Gift Vouchers will be sent to the Customers Residential Address registered with us.
GST, Local Taxes or Municipal Charges if any will be charged to customers on the purchase amount, which are applicable at the time of purchase.
Chandukaka Saraf & Sons Pvt. Ltd. reserves all the rights to make any changes to the scheme without prior notice.
Grievances are subject to Baramati Jurisdiction only.