The monthly advance against purchase of jewellery must be equal and paid continuously for eleven months. The advance payments cannot be extended beyond 11 months and is not transferable under any circumstances.

  On after one month of completion of eleven instalment from the date of enrolment, the customer will be eligible to purchase the selected 22ct Gold jewellery/Coin with no wastage(VA) up to 15%.

  The monthly advance against purchase of jewellery must be paid within the 10th day of every calendar month. The advance amounts paid will not be eligible for any interest.

  Customers will have to bring the customer receipt book every month while paying the advance amount, and should be surrendered at the time of purchase of jewellery.

  Customers who choose to discontinue within 6 months of enrolment will not be eligible for any benefit/discount on wastage(VA).

  If the customer discontinue during 7 or 8 month of enrolment, the member will be entit\led to 60% discount on the above said eligible wastage (VA), and for discontinuation during the 9" or 10th month, the member will be entitled to 80% discount on the above said eligible wastage (VA), limited to the accumulated gold weight under the scheme. The customer will pay the balance wastage (VA) on the accumulated gold weight on the basis of their Gold rate being announced by the Puducherry Jewellery association for selling of 22ct Gold will be the rate applied for calculating the equivalent weight of Gold.

  The member is entitled to redeem the equivalent total weight of gold that is credited to his/her account on completion of 30 days from the last instalment paid and should be redeemed in full.

  In case of change in address or loss of customer receipt book, the customer should inform the shop immediately and apply for new customer receipt book with KYC details.

  Payments of monthly advance against purchase of jewellery beyond the stipulated period or payment for more than one month will not be allowed.

  Advance against purchase of jewellery can be made by Cash/Debit/Credit cards, NEFT/RTGS/UPI/At-par cheques in favour of " P.R.GOLD AND SILVER CRAFT". All relevant bank charges for dishonour of cheques and Credit/Debit Card service charges shall be borne by the customers. Member's name and Membership Group number should be mentioned clearly in all modes of payment.

  Balance advance amount, if any, will not be refunded in cash and can only be adjusted on purchase of Gold jewellery/Coin 22ct.

  The customers will be eligible for No wastage (VA) up to 15% on purchase only after they have paid all the advance payments continuously. The customer will not be able to continue in the event of default in the monthly advance payments. Hence it is required that a customer should pay the advance payments continuously without fail.

  When the customer purchase jewellery in higher than 15% wastage (VA), the difference in wastage (VA) between the actual and 15% on the gold weight accumulated under this scheme together with actual jewellery wastage on the excess weight will be paid by the member. If jewellery bought has lesser than 15% wastage (VA) the member is not entitled for difference in wastage value.

  GST & any other Government levies at the time of delivery for all sales transactions will be borne by the customer.

  The customer's signature will be verified at the time of delivery.

  Company at its sole discretion can alter, amend, modify, add or delete any of the terms and conditions from time to time.

  All disputed are subject to the Jurisdiction of the competent courts in Puducherry.