Terms & Conditions
1. To enroll in this Investment Plan, Customer can pay Monthly minimum amount of 2000/- or above in multiples of 500/- for 10 successive months.
2. KYC: While starting the Investment Plan, Aadhar card, Pan Card, Address Proof and Bank Passbook (Bank Details) must be given.
3. This Investment Plan is available at mentioned below branches, customer can pay instalment through Debit /Credit card/UPI/Online without any extra charges as well as customer can pay instalment using QR code which mentioned on receipt.
4. The instalment should be paid every month. Skipping an instalment or delay on instalment will decrease the benefit. (E.g. If you have started the Investment plan on 1st April then you have to pay the second instalment on 1st May)
5. Customer closed his Investment Plan within 10 months, only the amount of deposit can be purchased.
6. No additional benefit will be given for additional days after the Investment Plan maturity.
7. While making purchases, the rate and wages prevailing on the day of purchase and at the time of bill will be charged.
8. The amount of the Investment Plan will not be refunded for any reason; the Investment Plan amount will be used only to be purchased.
9. Purchases will be billed in the same name in which you have participated in the Investment Plan after the maturity of the Investment Plan.
10. The instalment paid by you cannot be credited in the name of another person for any reason.
11. After enroll the Investment Plan online through our website and app, there is no need for passbook and receipt at the time of purchase. After maturity purchase available for Chandukaka Saraf Branch’s.
12. It will be mandatory for the customer to purchase the more than the amount of his Investment Plans & benefits amount.
13. If Customer does not came for purchase after the Investment Plan maturity date, than the Investment Plan will be closed on the 360th day from the day the Investment Plan enrolment and the Investment Plan amount will be transferred to the bank account without getting any benefit or amount credited to gift voucher account. Gift Voucher will be valid for 3 months (90 days) from 360th day onwards.
14. Gift Vouchers must be redeemed within 1 month (30 days) at our branch. Otherwise, it will be sent to your registered address after 30 days.
15. The gift voucher amount can be utilized only for the purchase of jewellery, it cannot be used to pay the instalments of any Investment Plan and the full amount of the voucher must be used in the bill.
16. All the terms and conditions of this Investment Plan will be applicable to the customer and GST or any similar tax applicable at the time of purchase shall be paid by the customer.
17. All rights to discontinue the Investment Plan and modify the above rules without prior notice. Chandukaka Saraf & Sons Pvt Ltd. kept reserves themselves.
18. All disputes’ Grievances are subject to Baramati jurisdiction only