GOLD RATE (10gm) 22kt = ₹ 44790 / 24kt = ₹ 48390 SILVER RATE (1kg) = ₹ 69900

  1. The plan period is for 12 months.

  2. Monthly Installment of Rs. 1,000/- and maximum in multiples of Rs 1,000/-

  3. Monthly Installment shall be paid on or before 10th of overy month

  4. Cheque / DD should be in favour of Shree Sai Gold Palace and paid before 5th of every month. 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

  5. The benefit of this scheme is applicable only to gold jewellery. The Making charges while preparing the ornaments may vary from 8.9% to 25% and onwards. The member need not pay the making charges upto 12%. This apart GST is applicable to the total value of the purchase as on that date. Equivalent to the monthly instalment amount the weight of gold will be credited to their account in accordance with then prevailing rate of 22ct gold rate as on that date.

  6. Acceptance of defaulted installment amount in case of defaulters is the discretion of the management.

  7. Related to defaulted installment payment issues, Management decision is final

  8. To join this scheme and to purchase jewellery, submission of ID Proof compulsory.

  9. 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. The management is not responsible for the loss of pass book or missing entry in the pass book.

  10. The loss of pass book to be reported to the management immediately. If the member requires duplicate Pass Book, then the members shall pay Rs.100.00 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

  11. The customer who pays the required installments as per the terms of the scheme regularly would only be eligible for bonus

  12. 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.

  13. No benefits of the scheme will be provided in case of premature Purchase/Closure.

  14. Under any circumstances there will be no refund of paid installments

  15. For the settlement/closure their account under the scheme, the member has to submit their passbook, along with one id proof.

  16. 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.

  17. All disputes are subject to jurisdiction of the Civil court Bangalore, Karnataka.

  18. 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 after completion of the scheme period and no bonus/other benefits will be eligible for the accrued amount.

  19. After the completion of scheme period, the member entitled to purchase jewellery only during next month from the date of completion of the scheme.

  20. The nominee is not permitted to purchase the jewellery during the life time of the member. The member shall furnish nominee's KYC details such as photo, Adhar card, Voter ID card, Adress Proof at the time of taking membership.