What is Khulja sim-sim Purchase plan?

Khulja sim-sim is a 11 month Purchase plan designed by the company, where the company announces the start date and the fixed amount to be remitted for 11 months with exciting prizes every quarter and a bumper lucky draw by the end of the scheme (Ex. Car, scooter, Gold coin..)

Will cash be refunded ?

Cash will not be refunded at any circumstances, members are eligible to redeem by purchasing Gold, Diamond & Platinum jewellery only, at the prevailing market rate for the amount paid.

Is the advance monthly amount fixed or variable?

The monthly advance amount is fixed for every scheme the company announces.

What if I discontinue?

Members who wish to discontinue in between the months, a certain % of amount will be deducted as per cancelation charges chart. (Cancellation chart link).

How do I pay monthly advance payments?

Advance payments should reach Konika before the 15th of every month. Members can also pay in advance for the future months. Payments could be made through Cash/Cheque/Mobile app/Website.

What if I don't pay before 15th of every month?

Members who fail to pay before 15th of each month, prize for their corresponding passbook for the month will go to the company.

What if I fail to pay continuously?

Defaulting members are not eligible to pay their monthly premium for more than three months, failing which the account will be terminated and the member will not be eligible to claim any prizes thereafter, the company will take a call at its sole discretion.

What do I do after the maturity of the scheme?

After Maturity, one could purchase only Gold, Diamond & Platinum jewellery with the accumulated amount and an additional bonus will be added by the company as per the Purchase Plan.

What if I discontinue?

If you wish to discontinue, the remittance shall be paid back in the form of Gold, Diamond & Platinum Jewellery only after deducting as per the cancellation chart, at the end of the Purchase plan. (Cancellation chart link).

Will GST & TDS be charged?

Yes GST, TDS on prizes & any other levies will be borne by the members.

How will I know that I have won the prize?

Members can be present on the draw date at the venue and claim their prizes, the company will also notify the members via SMS.