Terms And Conditions

Rules of Akshaya Siri

  1. Member can fill the form and get membership
  2. This plan starts from 1,50,000 At the beginning of this plan, grams will be given as per the prevailing 22 carat price of the day
  3. The total amount of the plan is D.D. Payable in the form of Cheque- Cash Account Transfer in the name of Chandana Brothers, Eluru.
  4. Cash is not refundable under any circumstances.
  5. GST and other government charges on purchase to be borne by the member.
  6. In case of purchase of stone ornaments, the cost of supporting stones should be paid by the member.
  7. Member ID at the time of purchase of jewellery. Proof should be attached. > Any other offers offered by the company to the member at the time of purchase
  8. Address and phone details of the member will be included in the bond paper. > If bond paper is lost, change of address details to institution Should be informed first.
  9. Rs. 2,00,000 and above should enclose a copy of Pancard.
  10. Customer can purchase jewelery from the end of 11th month to the last days of 12th month of registration. However, if no purchase is made within 359 days from the date of registration, the customer will be refunded the full amount (cash paid only).
  11. If jewelery is bought in 6th month then you can get 6% discount on depreciation. 8% discount can be availed on purchase of jewelery in 8th month. If jewelry is taken in 11th month, it can be taken without depreciation.
  12. This purchase is reduced by 1% for refined purposes on the exchange value of old gold The plan will be approved.
  13. 3% of the amount will be deducted in case the member expects cash back on any occasion by paying the advance amount through old gold or exchange gold and the remaining amount will be refunded by cash check only. No extra charges or interest.
  14. The company has the authority to make changes and additions to the rules and regulations of this scheme from time to time.
  15. All matters in this scheme are subject to legal disputes in the concerned courts of Eluru.

Rules Kanakadara scheme

  1. Only one installment is fixed per month.
  2. Installment should be paid by 25th of every month. .
  3. In 12th month after payment of total (11 months) installments
  4. Jewelery should be bought
  5. You can save the monthly payment in cash, gold or cash. You have to choose which of the two schemes will provide you additional income at the very beginning of the scheme. You get more protection from gold price fluctuations during the whole scheme period.
  6. Customer is eligible for 100% depreciation rebate on weight - cash value of gold collected under this scheme. If more jewelery is to be purchased then the customer will have to pay the current gold price and depreciation for the additional jewelery purchased at this time if any offers are applicable only for the additional gold weight. No offers are applicable on the weight of gold collected in the scheme and cash value.
  7. Next month if 1 month installment cannot be paid due to any reason
  8. Two monthly installments cannot be tied together.
  9. Jewelery can be purchased only after completion of full 11 months period even if installments are stopped in between for any reason.
  10. If the scheme is not paid after 6 months, you can get a 50% discount on the salary up to the amount of gold you get for the money paid.
  11. No concessions or discounts are applicable for the scheme Karjuna which is discontinued midway. This card is all about buying jewelery as well
  12. Receipts Cardholder should submit attested copies of documents (Aadhaar).
  13. No cash refund will be given under any circumstances Stones cost must be paid when purchasing stone jewellery.
  14. Items purchased under the scheme are not exchangeable, with ID proof mandatory on purchases of Rs 2 lakhs.
  15. Management reserves the rights to add, remove, modify any terms and conditions without any prior notice. GST 3% is payable by the customer.