GOLDEN TREE - Advance Deposite Plan

Terms & Conditions
  1. The monthly deposit amount will be treated as advance against sale and is non-transferable.
  2. Member will get credit in terms of gold weight(in 22 carat price) equivalent to the advance paid (accumulated in grams) on prevailing(current) gold rate of the company on the date of their payment or realization of their money to the company account.
  3. This Advance Deposit Plan (ADP) is a unique plan and cannot be clubbed with any other plans.
  4. Duration of this scheme will be 11 months. Customer can buy Gold Jewellery in the 12th month.
  5. The advance payment should be made continuously for 11 months and cannot be carried over or paid in advance.
  6. As per statutory norms, member needs to redeem the gold within 365 days from the date of enrollment. Incase you fail to redeem within 365 days, the company has the right to raise an advance voucher to the credit of your ADP (GST extra), for the quantity of gold eligible, in the member’s name.
  7. The advance amount paid will not be eligible for any interest.
  8. Members should come personally at the time of scheme closing/dropping. If any member cannot come personally, then the bearer must carry an authorization letter and a proper ID proof of the actual member. If the member is a minor, name of the natural guardian along with document proving relationship with minor must be provided.
  9. Making, wastage will not be charged up to the total advance payment value. Any purchase exceeding the total advance payment, wastage will be charged according to the product, to be borne by the customer.
  10. Stone charges will be applicable for ornaments with Diamonds, Ruby, Emerald, Zircon, Pearls or any other stones.
  11. This is a Jewellery Advance Deposit Plan and hence, Cash will not be refunded under any circumstances.
  12. Members who wish to pre-close the ADP, will get the benefits as per the Pre-Closure Clause.
  13. In case a member wishes to close the scheme before 6 months from the date of joining, he will be charged as per the deferral charges table shown below, towards gift issued and administration charges.
  14. All payments can be made by cash, card or online portal.
  15. In case of change of address or mobile number, proper documentation process needs to be followed for security reasons.
  16. All scheme related details will be sent to registered mobile number and e-mail id only.
  17. OTP and payment receipts will be mandatory at the time of closing.
  18. JVR Retails PVT Ltd. reserves the rights to alter/add/delete any part or whole of the Scheme without prior notice. In such an event, the Customer can purchase any item equivalent to the total gold weight accumulated in their account on that day.
  19. PAN number will be mandatory for any payments or purchase of Rs.2,00,000 or more.
  20. GST and other government levies at the time of maturity will be borne by the customer.
  21. Customer Signature, ID and address proof will be verified at the time of delivery.
  22. In case of any dispute, management decision will be final.
  23. Any dispute will be subject to Hyderabad Jurisdiction only.
  24. Pre-Closure Benefit
    Closure Months Value Addition Benefit
    11 Payments 100 %
    10 Payments 90%
    9 Payments 80%
    6-8 Payments 50%
    Less than 6 Payments Deferral Charges as applicable
  25. Deferral Charges
    Advance Plan Charges
    1000 200
    2000 400
    3000 600
    5000 1000
    10000 2000
    20000 4000

SILVER LEAF PLAN BROWN

Terms & Conditions
  1. SILVER LEAF PDF