True Gold Saving Scheme:-
| Amount | Approximate Paid Rate | Weight | Month |
|---|---|---|---|
| 500 | 2,800 | 0.178 | 12 |
| 1,000 | 2,800 | 0.357 | 12 |
| 2,000 | 2,800 | 0.714 | 12 |
| 3,000 | 2,800 | 1.714 | 12 |
| 5,000 | 2,800 | 1.785 | 12 |
| 10,000 | 2,800 | 3.571 | 12 |
Benefits :-
12th-month instalment will be given as bonus by the management.
Terms and Conditions:-
The total month of installment for this scheme is 11 months.
Based on the gold weight you have saved, can purchase the jewel for the weight without wastage and making charges. In case where the selected jewel weights more than the weight accumulated in the chit, only for the extra weight you have to pay wastage and making charges based market rate on the day.
Monthly payment may be made by Cash or Cheque (payable at Chennai) favoring “SAYAR JEWELLERS” based on the 22ct rate on that day.
Payment also accepted by Credit Card / Debit Card or Online through www.sayarjewellers.com
Every month atleast once you have to fix your gold and pay for 11 months. After, completing 30 days of 11 month instalment, you can collect your gold in the form of 916 gold jewellery without wastage.
Those who discontinued the scheme in between they will not be given benefit of wastage. Those who pays continuously for 11 months will be benefitted and therefore defaulting members would become eligible for the benefit after they have paid all the 11 instalments. In other words their eligibility would get postponed by the no.of months they have defaulted.
After the Maturity period if the purchased Gold ornaments having different wastage and inseparable excess weight, Customer should pay the average wastage for the excess gold weight and the gold price on that particular day with GST.
For example if you are saving 30 grams gold in 11 months.
If the Customer purchase the gold ornaments less than the maturity weight. Then, the balance wastage value should not be adjustable or refundable.
Cash will not be refunded on any circumstances. There will not be any interest for your money. You cannot purchase Diamond, Platinum, Silver and Gift articles in this scheme.
Precious stones, pearl and coral for such type of ornaments you will be charged extra. As well as for special nagas ornaments making charges should be bare by the customer.
Members should ensure that your payments are correctly entered in the pass book.
The Management has the right to take any decision on its own at any time without any prior notice.
