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SUPER JEWELLERY SAVINGS SCHEME
SUPER GOLD SUPER SAVE SCHEME

SUPER JEWELLERY GOLD SCHEME - TERMS & CONDITIONS

The amount saved in the above scheme will be eligible for purchase of Jewellery /Articles only. Under no circumstances the same will be reimbursed by cash as per government guidelines.
The installment has been paid on or before 10th of every month. Payments can be made by Cash/DD/Debit and Credit cards or cheques (subject to realization and payable at Chennai Only) in favour of Saravana Stores (Jewel) Super LLP
On completion of 11 months, members can purchase Jewellery/Silver Articles/Gift articles within the section (VA & making Charges applicable) at the beginning of 12th month. Defaults and delay in payments of regular installments will have an effect on the maturity date
In case there is any default in payments for over 3 months or if the scheme is discontinued the membership will be treated as cancelled, and no benefits or schemes can be availed. However Jewellery or Articles can be purchased for the remitted amount.
All disputes are subject to jurisdiction of Chennai courts only.
3% GST will be borne by the customers. In case of increase in GST or any other taxes and levies the same has to be borne by the customer.

Jewellery Saving Scheme – 11 Months

Monthly Installment	Payable for 11	Months Incentive	Total Amount
1000	11000	1000	12000
2000	22000	2000	24000
4000	44000	4000	48000
8000	88000	8000	96000

SUPER GOLD SUPER SAVE SCHEME - TERMS & CONDITIONS

Members who are participating in the Jewellery saving scheme can save as 22carat gold prices on the date of remittance. Can save a minimum of Rs.1,500/- and above. Additional multiples of Rs.500/- and a maximum of Rs.1,500 and above. Additional multiplies of Rs.500/- and a maximum of Rs.17,500. The amount will be converted to weight in gold as per prevailing prices on the date of remittance and added to the savings balance.
Every month you can save from Rs.1,500 to Rs.17,500 any number of times during the month. But the maximum amount allowed is Rs.17,500 only per month.
Payments can be made by Cash/DD/Debit and Credit cards or Cheques (subject to realization and payable at Chennai Only) in favour of Saravana Stores (Jewel) Super LLP
Every month at least once you have to fix your gold and pay for 11 months. After completing 30 days of Final month installment, you can collect your gold in the form of 916 gold jewellery without wastage
Those who discontinued the scheme in between will not be given benefit of wastage. Those paying continuously for 11 Months will be benefitted and defaulting members would become for benefits (discount) the only completion of payment for 11 Months. In other words, their eligibility would get postponed by the number of months they have defaulted
After the maturity period, if the purchased Gold ornaments having different wastage and inseparable excess weight customer has to pay average wastage for the excess gold weight and the gold price on that particular day with GST

Example

Item	Weight	Wastage	Excess weight	Excess wastage
Chain	16g	6%	10g	10.80%
Casting Necklace	24g	14%		Wastage for the excess weight
Total Weight	40g			Wastage for the excess weight

For customers buying gold less than the maturity weight, then the balance weight and gold price on that day will be applicable along with GST
No cash refund will be given on any circumstances. Also, there will be no interest for your money. You cannot purchase Diamond, Platinum, Silver and Gift articles under this Scheme
Precious Stones, Pearl, Coral and any other such items will be charged extra. Also, the making charges for any special jewellery or ornaments have to be borne by the customer
Members have to ensure that the payments are entered in the passbook
3% GST will be borne by the customers. In case of an increase in GST or any other taxes and levies, the same has to be borne by the customer
The Management has the right to alter/amend/change/modify/add or deletes any of the terms and conditions of this scheme at any time without giving any prior notice.