Advanced Purchase Plans | Prince Jewellery

FLEXIBLE AMOUNT

Amount Based

DIGI GOLD

Duration

11 Months

Purity 22 KT

Min. Monthly Amount ₹100

Max. Monthly Amount ₹200,000

Select Minimum Amount

₹

3 members joined

FLEXIBLE AMOUNT

Amount Based

TRUST N GOLD PLAN

Duration

11 Months

Purity 22 KT

Min. One-Time Payment ₹1,000

Max. One-Time Payment ₹10,000,000

Select Minimum Amount

₹

1,826 members joined

Terms & Conditions

1. This is a jewellery advance booking. No refund of money or No old jewels will be returned under any circumstances under this advance booking.

2. This advance booking is unique and will not be linked to any existing or future advance bookings/ offers and is not transferable under any circumstances.

3. The money paid as advance under this advance booking shall not bear any interest.

4. Minimum booking amount is Rs.15,000/-. There is no CEILING for the maximum amount and a copy of PAN is to be furnished for amount exceeding Rs.2,00,000/- and TDS will be applicable.

5. In this advance booking MINOR CANNOT BECOME AN APPLICANT/MEMBER.

6. At the time of joining this advance booking, the member may appoint a NOMINEE by furnishing KYC of both self and the nominee.

7. Payments can be made through Cash / Credit Card / Debit Card / PAYTM / RTGS / NEFT / Old Jewels/Gold bars (22KT/24KT)/Gold Coins. Respect of local cheques it shall be drawn in favor of “Prince Gold and Diamonds India Private Limited” subject to realization.

8. In case of dishonor of cheques, actual bank charges (RS.200 to RS.500 as the case may be) shall be borne by the member.

9. Members should ensure to collect receipt voucher/ original membership card while making payment directly at the respective branch.

10. Members will get credit in gold (22kt) units in grams credited according to the payment made as per the gold rate prevailing on date of the payment in the respective state and showroom.

11. In case of closing after 6 MONTHS (180 days) all types of Gold jewellery with V.A. Charges upto 6% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 6% has to be borne by the customer.)

12. In case of closing after 7 MONTHS (210 days) all types of Gold jewellery with V.A. Charges upto 7% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 7% has to be borne by the customer.)

13. In case of closing after 8 MONTHS (240 days) all types of Gold jewellery with V.A. Charges upto 8% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 8% has to be borne by the customer.)

14. In case of closing after 9 MONTHS (270 days) all types of Gold jewellery with V.A. Charges upto 9% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 9% has to be borne by the customer.)

15. In case of closing after 10 MONTHS (300 days) all types of Gold jewellery with V.A. Charges upto 13% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 13% has to be borne by the customer.)

16. In case of closing after 11 MONTHS (340 days) all types of Gold jewellery, V.A. Charges upto 18% can be purchased under this advance purchase plan with No V.A. Charges. (V.A. Charges in excess of 18% has to be borne by the customer.)

17. Diamond Jewellery can be purchased under this advance purchase plan with Rs.5000/- less per carat. (V.A. charges has to be borne by the customer), 30% less per carat on stone charges for Ruby/Emerald & Uncut Diamond Jewellery (V.A. charges has to be borne by the customer), 15% Off on (M.R.P) for Tia (Daily wear from Prince) Diamond Jewellery, 7.5% Off on (M.R.P) for Platinum & Special Antique (M.R.P) Jewellery. This is applicable only for the amount/value booked while joining the advance purchase plan.

18. The time period for redemption/purchase shall not exceed 365 days from the commencement date of the advance booking.

19. In case of the balance money, if any, left out in the advance booking account after adjusting the purchase price, various items shall be made available such as gold coins, silver coins, gift items and likewise for the member to purchase. Balance money will not be refunded.

20. Applicable stone charges will be collected from the member for ornaments with ruby, emerald, zircon, special stones, etc. special items such as Oddiyanam, Nagas, Kumkumchimizh, Thirumangalam, etc., shall attract extra charges.

21. The original membership card has to be surrendered at the time of redemption. The person who has signed the original membership card should sign on the invoice at the time of purchase/redemption.

22. In case the member does not redeem the jewellery within 365 days from the enrollment date, sale invoice will be raised in the name of the member towards sale of jewellery, applicable GST on sale value will be paid to the Government and the ornaments weight due to the member will be held as “Stock in custody” by the company till the time the member takes delivery of the ornaments. The members will be communicated/informed by the company in this regard.

23. In case of change in address, loss of membership card, the company should be kept informed without any loss of time.

24. The applicable GST has to be fully borne by the member, In case of increase in taxes or introduction of new levies/taxes, the same shall also be fully borne by the member.

25. The company reserves the right to alter, amend, add or delete part or whole of the privileges of the advance booking without prior notice or suspend the advance booking at any time. In such an event, money will not be refunded and the member shall purchase any item at the showroom equal to weight in grams.

26. Members can redeem only at the showroom where they have enrolled. REDEMPTION IS RESTRICTED TO RESPECTIVE STATE AND SHOWROOM.

27. All disputes are subject to jurisdiction of the competent court in Chennai.

I have clearly understood and accept the above terms & conditions

Customer Signature Nominee Signature For Prince Gold and Diamonds India Pvt. Ltd.

FIXED AMOUNT

Amount Based

NEW FLEXI 100

Duration

11 Months

Purity 22 KT

Min. Monthly Amount ₹1,000

Max. Monthly Amount ₹100,000

Select Monthly Amount

₹

6,737 members joined

Terms & Conditions

1. The monthly advance against purchase of jewellery must be uniform and paid continuously for eleven months; with a minimum of Rs. 1000/-, the advance payments cannot be extended beyond 11th month and is not transferable under any circumstance.

2. On completion of eleven months from the date of enrollment the customer will be eligible to purchase the chosen jewellery without V.A upto 18% under Prince Flexi 100 Purchase Plan. Customers can choose any jewellery including gold coin, limited to the accumulated value or the accumulated gold weight.

3. On completion of eleven months from the date of enrollment the customer will be eligible to purchase Diamonds – Non MRP, Tia – (Daily wear from prince) MRP, Uncut Diamond, Ruby & Emerald and Platinum with 1 month instalment value as benefit.

4. This advance against purchase of jewellery is unique and cannot be clubbed with any other existing purchase plan/offers.

5. The monthly advance against purchase of jewellery must be paid by the 10th of every month and monthly advance against purchase of jewellery can neither be paid in advance nor carried over, the advance amounts paid will not be eligible for any interest.

6. Customers will have to bring the advance receipt book every month while paying the advance amount, and should be surrendered at the time of purchase of jewellery.

7. In case of change in address, loss of advance receipt book, the customer should inform the company immediately and apply for new advance receipt book with KYC details.

8. The customer may appoint a nominee on submission of KYC details for both self and the nominee. Minors will not be eligible to enroll.

9. Not more than one advance payment, can be made in a month and also the plan cannot be extended beyond the stipulated period.

10. The advance against purchase of jewellery can be paid and jewellery can be purchased at any one of the Prince Jewellery showrooms.

11. Advance against purchase of jewellery can be made in Cash, Credit / Debit cards, NEFT, UPI, local Cheques favouring the company, bank charges will be borne by the customers (in case of cheque dishonour). The payment can be made at any Prince Jewellery showroom in India or online at www.princejewellery.com. Your receipt for having paid the advance money will be advised to you by SMS or Email.

12. After purchase of jewellery on maturity, if any balance is left over it will not be refunded by cash. It can only be adjusted on additional purchase of Gold coin.

13. Customers who choose to withdraw within 7 months of enrollment will have to pay the full V.A value of the jewellery purchased.

14. Customers who choose to withdraw within 8th month of enrollment, he or she will be entitled to 60% wavier on the V.A value of the jewellery purchased.

15. Customers who choose to withdraw within 9th & 10th month of enrollment, he or she will be entitled to 80% wavier on the V.A value of the jewellery purchased.

16. If the purchase plan is pre-closed before the maturity date, the gift value given at the time of joining will be deducted from the accumulated value of the advance purchase plan.

17. The customers will be eligible for No V.A on purchase only after he or she has paid all the advance payments promptly. The customer will not be able to continue the plan in the event of default in the monthly advance payments. Hence it is mandatory that the customer pay the advance payments promptly every month without fail.

18. The total advance amount paid will be refunded to the customer without any privilege, if he or she does not purchase jewellery within 15 days on Completion of the 11th month (345 days).

19. Making Charges will be charged according to the type of jewellery purchased, and V.A will be charged for special jewellery.

20. When the customer purchases jewellery in excess of accumulated amount or in excess of accumulated gold weight, the V.A as applicable will be borne by the customer for the excess amount/weight.

21. GST & any other Government levies at the time of delivery will be borne by the customer.

22. The customer's signature will be verified at the time of redemption of the plan.

23. Company has its sole discretion to alter, amend, modify, add or delete any of the terms and conditions from time to time.

24. Prince Gold and Diamonds India Private Limited reserves the right to alter, amend, add or delete part of whole of the privileges of the purchase plan without any prior notice. Prince Gold and Diamond India Private Limited is the sponsor of the purchase plan and reserves the right to suspend the purchase plan at any time. In such event, the member may purchase any item at the store equal to the value of money accumulated in the account as on that day.

25. All disputes are subject to the jurisdiction of the competent courts in Chennai.

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Choose Your Gold Savings Plan

DIGI GOLD

TRUST N GOLD PLAN

NEW FLEXI 100