KJS E-GOLD

TERMS & CONDITIONS

1. This advance jewellery purchase plan is for a minimum of 300 days (10 months).  The customer can pay any number of advance payments in a single day and in multiples of Rs. 500 only.
2. The advance amount received will be credited to your account in the form of 22 kt (916) gold weight as per prevailing board rates at the time of payment.  The customer can also deposit their old gold jewellery and convert it into 916 gold and pay as advance.
3. The maturity day is calculated as the 60th day from the last due payment day.
4. At the time of maturity, the customer can avail gold ornaments or gold coins by paying only 50% of the wastage for the reserved weight (remaining 50% will be borne by the company itself), Up to 15% VA. However, making charges will be applicable.
5. The advance amount can be paid in the form of cash, cheque, DD, KJS Jewellers mobile app or through our website www.kjsjewellers.com. Door-to-Door amount collection service is not available.
6. If the customer wishes to purchase additional weight than the reserved weight, they are entitled to pay the full wastage and making charges for the additional weight alone.
7. To avail full benefits of the plan ​the customer must be enrolled for a minimum of 91 days to purchase on the 151st day. Example, If the customer makes the last payment on the 91st day, they are eligible to purchase on the 151st day. Similarly, if they make their last payment on the 250th day they are eligible to purchase on the 310th day.
8.  For any reason, if the customer is planning to purchase before the 150-the day, they cannot avail any benefits of the plan (i.e.) Full wastage and making charges will be applicable.
9.  If the wastage is above 15% for some specific jewellery such as traditional, precious, ethnic and antique jewellery, the difference in wastage will be collected and stone charges will be applicable. Precious, semi-precious, zircon, and  signity stones will be charged.
10.  At any point in time, cash will not be refunded.
11. GST will be applicable at the time of purchase. (In accordance with government regulations.)
12. Under any circumstances, this plan cannot be merged with any other existing plan for jewellery purchases.
13. Any ongoing discounts and offers cannot be combined and availed in this advance purchase plan.
14. PAN card Xerox must be submitted at the time of purchase if that value exceeds Rs. 2,00,000 (as per government norms).
15. ​Management has the right to amend the plan at any time without any prior notice. All rights reserved.
16. Any disputes regarding this plan will be subject to Salem district jurisdiction only.