Gold
Diamond
Purchase Plan
ZERO% Gold Purchase Plan
Option A
The Scheme comprises a monthly premium of Rs. 2000, 5000 and 10000/-
The Monthly premium is to be paid continuously for 11 months.
After the maturity period is completed customers can buy the jewellery with No wastage Upto 10% & No Making Charges.
| Monthly Instalment | No of Months | Total Amount | 12th Month Benefit |
|---|---|---|---|
| 2,000 | 11 | 22,000 | No Wastage Upto 10% & No Making Charges on 916 Gold Jewellery |
| 5,000 | 11 | 55,000 | |
| 10,000 | 11 | 1,10,000 |
Option B
The Scheme comprises a monthly premium of Rs. 2000, 5000 and 10000/-.
The Monthly premium is to be paid continuously for 11 months.
Customers can get a 1 Month bonus after the maturity period is completed.
| Monthly Instalment | No of Months | Total Amount | 12th Month Bonus | Total Amount |
|---|---|---|---|---|
| 2,000 | 11 | 22,000 | 2,000 | 24,000 |
| 5000 | 11 | 55,000 | 5,000 | 60,000 |
| 10,000 | 11 | 1,10,000 | 10,000 | 1,20,000 |
Pre-Closure Chart
| Option A FREE WASTAGE | Option B FREE BONUS | |
|---|---|---|
| 1st to 3rd MONTH | No Benefit | No Benefit |
| 4th to 5th MONTH | 2% | 20% |
| 6th to 7th MONTH | 3% | 30% |
| 8th to 9th MONTH | 5% | 50% |
| 10th to 11th MONTH | 6% | 60% |
Terms And Conditions
The Gold Purchase Scheme Called as Zero% Gold Purchase Plan.
The Scheme comprises of monthly premium of Rs. 2000, 5000 and 10000/-
The Monthly premium is to be paid continuously for 11 months,Monthly Instalments may be paid by cash/credit card debit card/cheque /D.D. Cross A/c Payee to be drawn in favour of Konika Jewellery Pvt. Ltd., only.
The Instalment must be paid on or before 10th every month at any of our showroom. Members should check the entries made in the pass book carefully every time a premium is paid.
Members must choose the option before joining in the purchase plan.
Payment of premium can be made in advance also.
Monthly premium amount is fixed in every scheme and it cannot be transferred and interchanged. In case of cheque payment passbook credit will be given only upon the date of realization.
After having paid all the premium for 11 months the members are entitled to get gold jewellery, only after 30 days from the date of the last premium as per initially selected option only.
Default in payment will extend the maturity date of the scheme respectively in months and not by days.
Option A
(a) In case of Option A scheme members are eligible to get 916 Gold jewellery upto 10% of wastage only. The difference of Wastage, Making and any other charge more than 10% if any will be borne by the member.
(b) Members can avail 916 Gold coins also. There is no Free Bonus in this option.
Option B
(a) In Case of Option B members are eligible to get the 12th Month Bonus Free as per their premium amount and can avail Gold Jewellery only, after paying the Wastage, Making and any other Charges for the Jewellery selected.
(b) 12th month Bonus will be added only after the completion of 11th month premium.
(c) Members cannot avail Gold Coins In this option.
Members who discontinue, their amount will be deducted as per Pre closure chart.
G.S.T TDS will be borne by the members only.
Please Inform immediately for any changes in address / Phone / Mobile to help us to send any information from the showroom by SMS/ Post.
The plan will be cancelled in exchange for jewellery only after producing the original pass book.
In case of loss of original pass book duplicate shall be issued after producing an affidavit and on payment of Rs. 200/.
It is the sole discretion of the Company to alter, amend, modify, add or delete any of the terms and conditions from time to time without any prior notice.
The Management decision is final in all matters of the scheme.
All disputes are subject to Chennai Jurisdiction only. The company’s ongoing promotional and other offers cannot be duped with this purchased plan benefits.
I hereby agree to receive all the information and offers from Konika Jewellery through SMS / Gmail Calls.
FAQ’sPurchase Plan Option A
Purchase plan is exclusively created to help you plan and buy jewellery that you always wanted to buy. It’s safe, secure and a unique plan that empowers you to buy jewellery through affordable instalments besides helping you save money.
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.
The monthly advance amount is fixed and it cannot be transferred and interchanged
Members who discontinue, their amount will be deducted as per Pre closure chart link.
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/Debit/CreditMobile app/Website.
Default in payment will extend the maturity date of the scheme respectively in months and not by days.
Yes, members can purchase gold coins at the prevailing market price.
There will be ‘No bonus’ offered under Option A.
Wastage will be charged only on the excess amount. For example : If you choose Rs.2000 as your monthly advance payments, the amount accumulated over the 11th month period will be Rs.22,000. If the selected jewellery value is Rs.52,000, the member is eligible for ‘no wastage (VA) upto 10% for Rs.22,000 only, and wastage will be applicable to the excess amount Rs.30,000.
In case of loss of original pass book, duplicate shall be issued on payment of Rs. 200/ after producing an affidavit.
After Maturity, you can purchase Gold, Diamond & Platinum jewellery and are eligible for ‘No wastage’ upto 10% for the accumulated amount.
Yes GST, & any other levies will be borne by the members.
0% Purchase Plan Option B
Purchase plan is exclusively created to help you plan and buy jewellery that you always wanted to buy. It’s safe, secure and a unique plan that empowers you to buy jewellery through affordable instalments besides helping you save money.
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.
The monthly advance amount is fixed and it cannot be transferred and interchanged.
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.
Default in payment will extend the maturity date of the scheme respectively in months and not by days.
No, members cannot purchase gold coins under Option B
12th Month bonus will be added for free only after the completion of the scheme. For example : If you choose Rs.5000 as your monthly advance payments, the amount accumulated over the 11th month period will be Rs.55,000. Konika will then sponsor an extra month for you with a bonus Rs.5000 will be added to the 12th month.
In case of loss of original pass book, duplicate shall be issued on payment of Rs. 200/ after producing an affidavit.
After Maturity, you can purchase Gold, Diamond & Platinum jewellery with the accumulated amount and an additional bonus as per your fixed premium.
Yes GST, & any other levies will be borne by the members.
