Bangaru Labhalu Plan

Bangaru Labhalu Plan

Benefits:

AFTER  5 MONTHS
(150 days)

All types of Gold jewellery with Wastage / V.A charges up to 5% can be purchased under this plan.

(Wastage / V.A Charges in excess of 5% has to be borne by the member)

AFTER  6 MONTHS
(180 days)

All types of Gold jewellery with Wastage / V.A charges up to 6% can be purchased under this plan.

(Wastage / V.A Charges in excess of 6% has to be borne by the member)

AFTER  7 MONTHS
(210 days)

All types of Gold jewellery with Wastage / V.A charges up to 7% can be purchased under this plan.

(Wastage / V.A Charges in excess of 7% has to be borne by the member)

AFTER  8 MONTHS
(240 days)

All types of Gold jewellery with Wastage / V.A charges up to 8% can be purchased under this plan.

(Wastage / V.A Charges in excess of 8% has to be borne by the member)

AFTER  9 MONTHS
(270 days)

All types of Gold jewellery with Wastage / V.A charges up to 9% can be purchased under this plan.

(Wastage / V.A Charges in excess of 9% has to be borne by the member)

AFTER  10 MONTHS
(300 days)

All types of Gold jewellery with Wastage / V.A charges up to 10% can be purchased under this plan.

(Wastage / V.A Charges in excess of 10% has to be borne by the member)

AFTER  11 MONTHS
(330 days)

All types of Gold jewellery, whatever be the category, can be purchased under the scheme with NO Wastage / V.A Charges

Special offer on Diamond Jewellery(After 330 days):
a) 10% discount on each Carat
b) 20% Making Charges as discount on Diamond Jewellery.

Note: One can also join in this scheme by giving the old jewellery at the rate of 0.50% onwards for purification and melting charges, the remaining percentage of amount will be considered as the scheme amount, if one takes excess gold to your old jewelry one has to bear accordingly…including wastage/ V.a.

Terms & Conditions:

  1. This is a jewellery Advance Booking Plan. No refund of money is permitted under any circumstances.  This will not be transferrable under any circumstances and will not be linked to any other existing or future plans/offers are running in the showroom.
  2. The Min. Advance Booking value is Rs.10,000/-. There is no limit for a maximum amount.  A copy of PAN card is to be submitted for the amount exceeding Rs.2,00,000/- and above.  TDS also will be applicable.
  3. No interest will be paid to the member under any circumstances and minors (below 18 yrs.) is not eligible to become as a member.
  4. Member can make the payment through Cash/Card/Local Cheques/On-line payment/NEFT/Old Gold. All Cheque payment will be made in favour of “CHANDANA BROTHERS SHOPPING MALL PVT. LTD.” Only.
  5. The time period for purchase/redeem shall not exceed 365 days from the date of commencement of the plan.
  6. Gold rate can be fixed either on advance booking / payment date (or) customer can purchase / redeem on prevailing gold rate (at the time of closure) as per the customer’s choice.
  7. Member has to pay the difference amount if he/she purchases the ornaments over and above the advance booking amount.  If any wastage/V.A. variation of the ornaments at the time of purchase, member only can bear the difference amount of wastage/V.A. (Eg. Please see the benefits table in Brochure).
  8. Stone charges such as Ruby, Emerald, CZ, Diamond Cost, Diamond making charges etc. and the GST for the total purchase value has to be borne by the member.
  9. Member can close/redeem only at the showroom where he/she started the location. The original membership bond has to be surrendered in the showroom at the time of purchase/redemption.
  10. Member can also purchase Gold Coins at their choice.
  11. The member / customer cannot be availed any benefits/offers which are running in the showroom at the time of closure.
  12. Member can appoint a nominee at the time of he/she joining into this plan by furnishing KYC of both self and nominee.
  13. The person who has signed on the original membership bond, he/she only should sign on the invoice/bill copy at the time of purchase/redemption.
  14. Management reserves the right to modify rules governing the plan or withdraw it at anytime without any prior notice to the member.
  15. All disputes will be subject to competent under Visakhapatnam city jurisdiction.

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