SWARNA NIDHI

11+1

Pay 11 installment, get 100% off on 12th installment! Pay for 11 months, we pay the 12th! Save monthly, get more gold Simple, rewarding, and secure
*Redeemable from 12th month

Why Swarna Nidhi Plan?

Plan Ahead

Subscribe to plan for your
future high value purchases

For Special Moments

Plan for gifting on special
occasions like Birthdays, Weddings etc

Special Discounts

Pay 10 installments & get 100%
discount on the 11th installment

Swarna Nidhi Calculator

Premium & Trust-Focused

“Begin your golden journey today with Swarna Nidhi.”

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Terms And Conditions

  • All the installments must be of equal amount and paid continuously over the scheme tenure i.e. 11
    months, Last months installment will be paid by the company.
  • The minimum limit of installment is Rs. 1000/- followed by additional multiples of Rs. 500/-.
  • Installment for a particular month has to be paid within the same month, between 1st to 10th only. In
    case of default payment, the maturity date will be postponed by the corresponding number of
    months.
  •  Subscribers who discontinue their payments of monthly installments will be eligible for purchases
    after the maturity of the scheme worth the amount deposited, however VA will be applicable for the
    selected jewellery in the tag.
  • The scheme cannot be clubbed with any additional offers provided by the company.
  • VA in the tag displayed is full and final, any modifications will not be entertained.
  • Customer can pay installments in advance, even in such cases the purchase date will remain the
    same and will not be preponed.
  • The maturity date will be after 30 days from the date of the 12th Installment paid or on the
    completion of 12 months from the date of joining whichever is later.
  • Stone charges and other charges on products if any will be payable by customer during the billing.
  • GST applicable as per the government norms to be borne by the customer only.
  • For online payment, the account number for the transfer is provided at the front page of the
    passbook
  • Jewellery will be given against passbook submission only.
  • For any dishonored cheque, a penalty of Rs. 300/- will be issued. Thereafter the payment will be
    taken only in cash or through DD.
  • No reminders for payments or dues will be sent, it is the sole responsibility of the customer to make
    payments on time.
  • At the time of remittance of payments, the pass book should be produced
  • Receipts will be issued for all payments made during the tenure of the scheme.
  • The customer must get all payments entered with accuracy in the passbook. In case of any
    discrepancy, customer should inform the management or staff immediately for action and
    rectification.
  • Nominee details under this scheme is mandatory.
  • For a purchase under this scheme, a nominee can claim the purchase in case of the scheme
    member’s absence. However, it is mandatory for the nominee to provide an ID proof and a “No
    Objection Certificate” from the card holder.
  • In case of minor applicants, the scheme must be operated by the parents or legal guardian alone.
  • The company has sole discretion to amend, modify, add or delete any of the terms and conditions at
    any point of time.
  • In case of lost passbook, charges are applied on Reissue of Duplicate passbook / Charges are
    applied if the passbook is not submitted during the scheme closure.
  • All disputes are subject to local jurisdiction alone i.e Hubli.