Cloth Savings Plan
Terms & Conditions
- Enrollment through filling up a simple form.
- One person can have multiple memberships.
- Pay in 11 EMIs.
- 1st month EMI paid by CMR.
- Get an exciting gift on completion of 6th Month.
- Option of EMI starting from ` 500 to ` 2000.
- Purchase clothes after completion of 11 months.
- EMIs for all the 11 months have to be paid.
- Tenure of payment cannot be extended.
Payment of EMIs
- Monthly EMIs to be paid between 1st to 20th of every month.
- EMIs can be paid in the form of DD/Cheque/Cash.
- Cheques are to be issued in the favor of Chandana Brothers Shopping Mall Pvt. Ltd.
- EMIs can be paid and redeemed in any CMR shopping mall outlets.
- Non payment of EMIs on due date will lead to a member to forfeit their membership.
- Forfeitment of membership will deprive the member of promised benefits.
- In the case of withdrawal from the plan, the paid EMIs worth clothing should be redeemed.
- Withdrawal from the plan will not entitle the member to the free EMI.
Rules of purchase
- Member is entitled to purchase clothing on completion of all 11 EMIs.
- Member shall produce his/her ID proof at the time of purchase.
- Member cannot combinedly avail benefits of any two different offers.
- The maturity amount shall be made in a single bill/invoice.
Guidelines for filling membership form
- Every member shall receive a pass book.
- Details of the member and the availed can be found in the Pass book.
- Money deposited as EMIs shall be added to the pass book.
- In the event of loss of pass book or change in the address of the member
should inform the management immediately.
Passbook – Details
- CMR issues a passbook to member.
- Address and phone number will be noticed on pass book.
- All disputed will be subject to competed under Visakhapatnam city jurisdiction.
- Management reserves the right to modify rules governing the plan or withdraw it at anytime without any prior notice to the member.