Terms & Conditions

• You can pay Rs. 500,1000,1500,2000, and 5000 or in multiples of 500.
• GST will be borne by the members as applicable.
• The maturity date will be 30 days from the date of the 11th installment paid.
• Only one installment payment will be accepted in a month.
• A member discontinuing in the middle will not be eligible for any benefits. But will be permitted to avail the jewellery equivalent to the paid-up amount.
• Under no circumstance, cash will be refunded? Only jewelry for the eligible amount may be purchased.
• The rate of the gold will be based on the rates notified by the Madras Jewelers and Diamond Merchants Association on the date of purchase.
• If Government policies authorize, Members will be entitled to purchase the Gold or Silver coins, Bullion will not be permitted to purchase under this scheme.
• All legal matters will be restricted to the jurisdiction of the Hon’ble courts of Chennai. The terms of this scheme are subject to changes in the policies of the Government’s authorities.
• Conditions Apply. and E& O.E.