Monthly Installments to be paid on or before 10th of every month failing which the scheme will be extended by a month for every default.
Members can pick up Gold / Diamond Jewellery in the 13th month after successful completion of the scheme tenure without any default in monthly payments.
Payments can be made in cash and credit card cheques and post-dated cheques. In case of a bounced Cheque Rs. 500/- per cheque we would charge.
GOLD SIP is valid for a period of 12 months only.
Value addition/wastage/making and stone will be charged based on type of Gold/Diamond Jewellery.
GST will be charged extra.
No bonus will be paid on preclosure of Scheme by the member. A member will be allowed to take Gold / Diamond Jewellery only for the amount they have paid.
Members are requested to preserve their membership card receipts and submit it in proper condition at the time of purchase of Jewellery against the accrued amount at the beginning of the 13th month.
Bonus will be paid after the completion of 12th month.
This passbook is the only document to identify the customer. The bearer of the passbook will be deemed the owner of the same for the same for the purpose of redemption and hence the passbook has to be signed and retained safely by the customer. At the time of redemption the passbook has to be submitted by the customer the holder of CHD SIP to the showroom (and his signature on redemption has to tally with the specimen signature in the passbook).
Customers are requested to redeem their Gold SIP accounts within 1 month from the date of maturity.
Customer is requested to thoroughly read all the conditions given in the Gold SIP and ask for clarifications before enrolling into the scheme.
At the time of redemption/premature/closure of the scheme, the customer should submit the passbook for verification and necessary action.
