Swarna Dharaa + Gold Jewellery Purchase Plan
Monthly InstallmentPaid Amount (11 Months)/Current Rate=Gold Weight
Rs.1,000 Rs.1,000/3612.00 = 0.2768g
Rs.2,000 Rs.2,000/3612.00 = 0.554g
Rs.5,000 Rs.5,000/3612.00 = 1.384g
Rs.10,000 Rs.10,000/3612.00 = 2.769g
Rs.20,000 Rs.20,000/3612.00 = 5.537g

arrows.png Customers are requested to read all the terms and conditions stated in the Plan book thoroughly and carefully.

arrows.png The Plan is unique and will not be linked to other, existing or future Plan. Customers are requested to read and understand their Plan benefits before joining the Plan.

arrows.png The maximum duration of the Plan shall be 11 months. Customers can make the redemption purchase immediately after the 11th installment. Cash will not be refunded under any circumstances, as per Government Regulations.

arrows.png Customers are requested to submit their saving bank account number with IFSC code.

arrows.png Payment of monthly installment shall be made by ACH/Cheque/Demand Draft/Cash/Credit or Debit Card. DD in favor of Space Textiles Private Limited. Outstation cheques will not be accepted. In the case of dishonor of cheque, the cost incurred will be deducted from the customer.

arrows.png On maturity of this Plan, customers can purchase Gold jewellery at the prevailing Gold rate. All kind of taxes, Stone charges, Wastage applicable.

arrows.png The Plan can redeem only against the Gold jewellery. Gold coins and Silver coins are not eligible.

arrows.png All the Plan payments of yours will be considered as an advance for Gold jewellery purchase.

arrows.png In case of any change in the contact number or address detail, the account holder required to inform Sree Kumaran Thangamaligai.

arrows.png Customer shall provide a copy of their photo identity proof like Passport/Driving License/PAN Card/Voter ID/ Aadhaar ID at the time of joining the Plan and the same must be produced with the passbook in person while closing/maturity of the Plan. Also, the original Plan book has to be surrendered at the time of purchase of jewellery.

arrows.png In case of loss, theft or misplacement of this original card, then the customer needs to provide an indemnity letter on Rs.200/- Non-judicial stamp paper from notary public with relevant documents.

arrows.png The account holder should carry the Plan book for monthly payment. The account holder must ask for a computerized entry in the Plan book. However its customer's responsibility to ensure to get their Plan book updated periodically. [Except ACH/Online Payment]

arrows.png Automated Clearing House (ACH)/Online Payment Receipt for payment will be made only after clearance of payment (Transaction + 3 Days). In case of ACH enabled accounts, the Plan cannot be closed prior to maturity date unless the account holder has cancelled the ACH by submitting the required forms to Sree Kumaran Thangamaligai.

arrows.png The company reserves the rights to modify the above Terms and Conditions without prior notice.

arrows.png Sree Kumaran Thangamaligai will not be responsible or liable to send reminders for payment. All disputes in connection with this Plan will be in the Jurisdiction of the appropriate court in Coimbatore.