Monthly
Installment of Rs. 1,000/-, 2,000/-, 5,000/- or 10,000/-.
The
member shall pay monthly installment only at the show room.
Monthly
installment shall be paid on or before 10th of every month.
The
Installment can be paid either through Cheque or DD drawn in favour of Shree
Sai Jewels Palace payable at Bangalore.
In
case of dishonor of cheque towards installment amount, the customer shall pay a
sum of Rs.500.00 in addition to the installment amount.
Acceptance
of defaulted installment amount in case of defaulters is the discretion of the
management.
To
join this scheme and to purchase jewellery, submission of ID Proof is
compulsory.
Each
member shall receive the PASS BOOK from the management in the beginning of the
Scheme. The members shall get the entry
of monthly payment entered in their Pass Book regularly and shall preserve the
pass Book and Receipts. The management
is not responsible for the loss of pass book or receipt or missing entry in the
pass book.
The
loss of pass book to be reported to the management immediately. If the member requires duplicate Pass Book /
Receipt, then the members shall pay Rs.250.00 apart from submitting their ID
proof etc., and upon verification, the management will issue duplicate
documents after 15 days and within 20 days of such request.
One
or more memberships can be taken by an individual.
On
payment of every installment, the member is advised to collect the official
receipt from the show room.
The
terms of scheme require payment of 11 monthly installments regularly by the
customer. In turn the customer would be
eligible to get bonus / incentive equivalent to one month’s installments on
regular payment of the required monthly installments. Customer would be eligible to purchase any gold
jewellery/ silver article or any other item in the show-room in the thirteenth month (i.e. two months after
the payment of last installment).
The
customer who pays the required installments as per the terms of the scheme
regularly would only be eligible for bonus / incentive.
This
scheme is unique and will not be linked to any other offers, existing or future
schemes. It should also not be linked to
reserve & order items.
On
Saturday, Sunday and one week prior to the festival day and one week after
festival day, the management will not transact regarding this scheme.
The
member of the scheme would not be eligible for any other business promotion
incentive / offer other than specified under clause 11 above.
No
benefits of the scheme will be provided in case of premature purchase/Closure.
Total
purchase value shall include the then cost of jewellery, making charges and the
then prevailing tax of state/central government/s, other statutory levies, if any etc.
Even
if the customer pays all or any of the installments in advance he/she will not
be eligible for the business promotion discount on purchase of jewellery before
the maturity date.
Under
no circumstance cash refund will be allowed under the scheme.
The
sales tax and other applicable taxes at the time of sale of the ornament would
need to be borne by the members.
For
the settlement/closure their account under the scheme, the member has to submit
their passbook, all the receipts along with one id proof.
All
the terms and conditions provided herein are based on the legal provisions in
force as on date and are subject to changes in case there is any change in the
applicable legal provisions.
All
disputes are subject to jurisdiction of the Civil court Bangalore, Karnataka.
In respect of member who discontinue in the
middle of the scheme would be allowed to purchase gold jewellery for the period
up to which installments are paid only and no bonus/other benefits will be eligible
for the accrued amount.
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