Terms And Conditions

Terms And Conditions

  1. 1. The scheme is SRI POOJA JEWELLERS SAVING SCHEME
  2. 2. Members can save in denominations of Rs. 1000- per month over the period of 12: 24 months
  3. 3. There are no groups, A member can enrol on any day he may desire.
  4. 4. A member can enroll in as many accounts as he/she desires, for larger investments
  5. 5. Membership is accepted only through the prescribed application forms
  6. 6. The first instalment should be paid along with the completed application form. Subsequent monthly instalments should be paid on or before the 10th of every Month. Those who have contributed on time only are eligible for the incentives.
  7. 7. There will be an added incentive for people who have paid on line over the two periods of six months each during the scheme
  8. 8. You can pay by cash or any mode of online payments.
  9. 9. The membership card has to be produced when the installments are remitted. Please ensure that all payments are correctly recorded in the membership card. Any discrepancies in the entries should be brought to the notice of the management and should be rectified immediately Receipts will be issued for all payments.
  10. 10. In case of default of payment by the member, the maturity of the deposits will be postponed By the corresponding number of months.
  11. 11. Members who discontinue their payments of monthly installments, will be eligible for gold jewellery worth their contribution, only after the expiry of the scheme period.
  12. 12. Members, who do not complete the scheme, will not be eligible for the bonus amounts, incentives and prizes if any.
  13. 13. The maturity date will be 30 days from the payment of last installment or on completion of 12/24 months from the date of joining whichever is later.
  14. 14. Cash, coins, gold ingots etc. or 24ct bullion will not be given, Only gold jewellery / diamond jewellery/ Silver Jewellery will be given. Delivery of ornaments is subject to government taxes. All disputes are subject to Bangalore Jurisdiction
  15. 15. 1st option 12 month on maturity of the deposits members will get a bonus of ₹1000 along with the principal amount Is ₹12000 + ₹1000 = ₹13000 worth of gold ornaments. IInd option 24 month on maturity of the deposits members will get a bonus of ₹3000 along with the principal amount Is ₹24000 + ₹3000 = ₹27000 worth of gold ornaments
  16. 16. This scheme may not be clubbed with any other promotion scheme operated by the management.
  17. 17. Enrolment is open on any working day.
  18. 18. Cash incentives of ₹50/- will be paid to introducer for every member enrolled by them, only after the remittance of 5 monthly installments by the introduced member.
  19. 19. Management of Sri Pooja Jewellers has all the rights to accept/ reject any application without any reason. Their decision will also redeemed to be final with respect to the scheme.
  20. 20. All membership cards, scheme papers etc. have to be returned at the time of closure of scheme