1. Goldsikka offers unique 11+1 scheme earn benefits of getting one month free
installment from Goldsikka on completion of the eleven months plan.
2. Purchase any Jewellery of your own choice at just 50% V.A. after completion of eleven months tenure.
3. Flexible payment tenure period for 11 months at minimum amount as per customer convenience start fromRs.1000/- and maximum Rs.5000/- per application.
4. Gold delivery will be done after completion of tenure.
1. One month free installment paid by company on completion of 11 month tenure.
2. 22 carat purity of gold 916 fineness.
3. Gold rate calculated on minimum monthly installment (MMI) payment day.
4. On successful completion of 11 months member can purchase gold jewellery of their choice.
5. Earn the benefits of 1 month free installment from Goldsikka besides taking home any gold of your choice.
1. The purchaser / customer confirms to have fully and understood the various terms &
conditions of purchase plan offered by the company and based thereon, the purchaser /
customer has requested selected to avail the gold under the 11 + 1 scheme with terms and
conditions as mentioned in purchase placement application & contract form.
2. The present gold purchase scheme is only in respect of 22 Carat Purity Gold and the rate prevalent at the time of actual purchase is applied.
3. If the minimum monthly installments (MMI) amounts is stopped / Discontinued / Suspended then the customer will not be eligible for cash back and gold gram will be re-calculated as per fractional gram rate. Fractional gram rates are as follows:
(a) For 9 gram – 4% plus
(b) For 8 gram – 6% plus
(c) For 7 gram – 8% plus
(d) For 6 gram – 10% plus
(e) For 5 gram – 12% plus
(f) For 4 gram– 14% plus
(g) For 3 gram – 16% plus
(h) For 2 gram – 18% plus
(i) For 1 gram – 20% plus
(j) Less than 1 gram – 25% plus
4. Customer can register with Goldsikka and the processing charges per applicant is Rs.300/-
5. This is 22 carat pure gold 916 purchase plan refunding policy is not applicable under any circumstances.
6. This gold scheme not extendable under any circumstances.
7. The monthly amount agreed by the customer must be paid incessantly on agreed respective due dates by the member no later than 10 days from the due date (for late fee 10% charges applied on the MMI amount.
8. Under this scheme the registered membership cannot be transferable under any circumstances.
9. Monthly agreed amount shall be paid continuously on approved dates shall not exceed unless notify by the company.
10. The installment can neither be paid in advance nor can be carried over.
11. At the time of agreement the member shall provide KYC documents one or two member may appoint nominee.
12 Payment of installments beyond the stipulated period or payment of more than one installment will not be entertained.
13. In the subsequent case company reserves the rights to amend the whole of the privileges of the purchase plan without prior notice or may suspend of the same plan at any time in such case money will not be refunded and the member shall purchase any item equal to the accumulated gold weight.
14. In case of balance in grams, if any left out in the jewellery purchase plan account after adjusting the purchase item various item shall be made available such as gold coins balance money will not be refunded.
15 The Purchaser/ Customer confirm that all particulars / details given in the applications are true and correct and no information has been suppressed / with held.
16. The Terms and Conditions notified herein and in all Purchase Plans may be Altered, Modified and / or issued Fresh by the Company as per the Market Dynamics and Business requirements without affecting the Basic Values of the Purchase Plans.
17. Subjected to Hyderabad jurisdiction only.