- This Purchase Plan is valid for 11 months only. You can pay a minimum of Rs.500, Rs.1,000, Rs.2,500, Rs.5,000, Rs.10,000, & Rs.15,000 per month.
- Customer can be get attractive Gifts in this Plan.
- Customer can eligible to purchase Gold Jewellery / Diamond Jewellery / Silver ornament 100% without Wastage (UNLIMITED). However, Making Charges may be applicable.
- In this plan GST for Gold Coins will be borne by the company itself.
- Monthly installments can be credited to your account as A) Cash value or B)22 kt Gold weight as per prevailing rates each month. On maturity, you can choose whichever is beneficial for you.
Terms & Conditions
- The sale price will be determined based on the prevailing market rate (i.e., the date of sale of gold ornaments).
- Monthly installment should be paid before every month end.
- Irregular paid installments are not eligible for the complete benefits of the scheme. (e.g.) if you have regularly paid your monthly installment Rs.1,000 amounting to Rs.7,000 on time & irregularly paid balance Rs.4,000 under this scheme then the benefit of the scheme is eligible for the amount Rs.7,000 only, the wastage is applicable for the balance Rs.4,000.
- While joining the scheme,
- (a) Account holder photo and finger print biometric will be taken in person.
- (b) While purchasing jewels the account holder details will be verified with his finger print biometric.
- It is mandated that all advance payments will be adjusted against order of gold/Diamond & silver ornaments or coins within a maximum period of 365 days from date of first advance paid.
- This advance for purchase is placed for Design Number …… shown in our catalogue.
- The account holder has a right to change the design while purchasing the jewels.
- Customer can appoint a nominee in this scheme.
- Passbook should be produced for every transaction.
- Installment payments & Jewellery purchase should be made within the respective state only.
- There is no cash refund in this scheme, you can buy only jewels or coins.
- When discontinued, the customer is not eligible for the benefits of the plan & gift value will be deducted.
- As per Government Norms, no scheme can exceed 12 months in duration. Kindly make your purchase after the completion of 11 months and before 12 months, failing to do so will entitle losing of entire scheme benefits.
- The management reserves the right to change, alter the terms and conditions of this scheme at its discretion as per the prevailing Government rules & regulations.
- GST is applicable.
Frequently Asked Questions
1.WHAT ARE THE BENEFITS FOR THE CUSTOMERS IN THIS PLAN?
Golden Dream is a unique plan, where customers can buy Gold / Diamond / Platinum / Silver jewellery 100% without wastage.
2.SHOULD WE PAY THE INSTALLMENT REGULARLY EVERY MONTH? WHAT HAPPENS IF THE PAYMENTS ARE IRREGULAR?
Yes,the monthly installment should be paid before every month end. Irregular paid installments are not eligible for the complete benefits of the plan. (e.g.) if you have regular paid your monthly installment (Rs.1000) amounting to Rs.7000 on time & irregularly paid the balance of Rs.4000 under this plan, then the benefit of the "No Wastage" is applicable for the amount of Rs.7000 only. The wastage is applicable for the balance of Rs.4000.
3.IF WE PURCHASE JEWELLERY WORTH MORE THAN THE SAVED AMOUNT, DO WE PAY WASTAGE CHARGES?
Yes (e.g.) if you have saved Rs.11,000 under this plan and purchasing jewellery. In the 12th month for the worth of Rs.15.000, after deducting the saved amount Rs 11.000, the wastage is applicable for the balance Rs.4,000.
4.CAN WE AVAIL SPECIAL DISCOUNTS OR FESTIVAL OFFERS IN THIS PLAN?
No, Special discounts or festival offers cannot clubbed with this plan.
5.DO WE HAVE TO PAY GST UNDER THIS PLAN?
Yes, GST is applicable.
6.CAN WE GET REFUND AS MONEY IN THIS PLAN?
No, you can purchase Gold / Diamond / Platinum & Silver jewellery only in this plan.