This scheme is valid for 11 months only. Customer can pay minimum Rs.500/- & above as many times in 11 months (from the date of joining).The amount remitted will be converted into 22ct gold at the prevailing board rate in the account immediately. Customer can buy jewels or coins any number of times before the completion of 11 months. Before the end of 12th month from the date of joining the scheme Customer "must" purchase jewels or coin for the weight in their account.
Customer can appoint a nominee in this scheme.
While joining this scheme:
a. Require ID proof for account holder & nominee photo.
b. Account holder photo and Finger print will be taken in person.
c. While purchasing jewels the account holder will be verified with his finger print.
This advance of purchase is placed for Design Number……………….
The account holder has a right to change the design while purchasing the jewels.
Passbook should be produced for every transaction
The management reserves the right to change/alter the terms and condition of the scheme at its discretion as per the prevailing Government rules & regulations.
Frequently Asked Questions
DO WE HAVE TO PAY WASTAGE, MAKING CHARGE & VAT UNDER THIS SCHEME
YES, Wastage, making charge & VAT is applicable in this scheme.
CAN WE AVAIL SPECIAL DISCOUNTS OR FESTIVAL OFFER IN THIS SCHEME?
YES, Special discounts and festival offers will applicable in this scheme.
IN WHAT OTHER WAYS CAN AVR SWARNAMAHAL GOLD MINE HELP ME
As mentioned earlier, the AVR SWARNAMAHAL Gold mine gets you more jewellery than you could have expected. The AVR Swarnamahal Gold mine helps you plan in advance to buy jewellery for weddings and other auspicious occasions.
CAN WE GET MONEY IN THIS SCHEME?
No, you can purchase only jewels (or) coin in this scheme.
HOW DO WE PAY INSTALEMENTS?
You can pay your installment by Cash/Credit Card/Debit Card/DD
BENEFIT OF THIS SCHEME?
5% Discount will be eligible on this scheme, for every remittance over 30 days
CAN WE PAY THE INSTALLMENT BY ACH (Automatic Clearing House)
Yes, you can pay installment by ACH (Automatic Clearing House). Once you agreed to pay by ACH, it will take one month for bank process. Every month on 5th (or) 10th your installment amount will be collected from your bank account directly.