1. General
1 This Gold Saving Plan (the “Plan”) is operated by SRK Jewelry, and by subscribing, the customer agrees to these Terms & Conditions.
2 The customer will be informed clearly about all plan details (tenure, bonus, deposit amounts) before subscribing.
3 There shall be no hidden terms or concealed clauses.
2. Price / Market Rate Disclaimer
1 The customer is explicitly informed that the gold/silver rate at the start of the plan is not fixed.
2 The actual rate will be determined only upon maturity (when the tenure completes).
3 Jewelry delivery will be made between 15 days to 45 days after maturity.
4 The company may deliver earlier than 45 days if possible, but not beyond 45 days.
5 The jewelry price applicable will be the market rate on the day the jewelry is given to the customer.
3. Bonus Conditions
1 In the 11-month plan, the customer is eligible for 1 month bonus.
2 In the 22-month plan, the customer is eligible for 2 months bonus.
3 In the 33-month plan, the customer is eligible for 3 months bonus.
4 Bonus is applicable only if the customer completes the full tenure.
4. Early Termination / Cancellation
1 If the customer terminates the plan before maturity, they shall forfeit any bonus or benefit.
2 In case of early termination, only the principal amount deposited may be refunded (per the company’s policy).
3 If the plan is canceled before completing 1 month, no bonus or benefit is payable.
5. Minimum Requirements
1 The minimum monthly deposit to enter this plan is ₹1000.
2 The customer must submit valid KYC / identity documents (e.g. Aadhaar, PAN, photo).
3 Persons below 18 years of age are not eligible to enroll.
6. Mode of Subscription
1 The plan may be subscribed online from home or by visiting the store.
2 Upon activation, the customer will receive a Plan Confirmation Certificate / Receipt detailing the plan specifics.
7. Jewelry Delivery
1 Only standard gold or silver jewelry will be provided under this plan; gemstones or diamonds are excluded.
2 Once tenure is complete, jewelry will be delivered within 15 to 45 days.
3 The company may provide it earlier than 15 days if feasible.
4 The jewelry value will be based on the prevailing market rate on the day of delivery, not the rate at plan inception.
8. Limitation of Liability
1 The company holds no liability for fluctuations in market rates (gold / silver prices).
2 In case of delays caused by external factors (natural disasters, legal restrictions, emergencies), the company is not liable.
3 The customer acknowledges that all risks (market risk, delay risk) lie with them.
9. Amendments
1 SRK Jewelry reserves the right to amend these Terms & Conditions at any time.
2 Any amendment will be published on the official website.
10. Dispute Resolution
1 In case of any dispute, the parties shall first attempt negotiation.
2 If negotiation fails, the legal jurisdiction shall be the local courts in India.