Aabushan Jewellers

Aabushan Swarn Sanchay

About Aabushan Jewellers

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Monthly Amount: This is the monthly installment that you need to pay for this scheme.
Jeweller's Discount: This is the bonus from the jeweller after the successful completion of the scheme.
Monthly Amount: Rs.2500.00

Hover on Amount to see what it means.

Scheme Details

Aabhushan Vaarshik Scheme

Min. Amount You pay Aabushan Pays Savings Scheme Duration (Months)
2,500 12 Months 1 months = Rs 2,500 8.33% 12

Scheme Details:

This is a Gold Weight Accumulation Scheme. You, as members subscribe to this scheme by contributing minimum Rs 2,500/- per month for 12 months. We enter the gold rate on that particular date and then average the gold rate of every month. At the end of 12 months you can purchase jewellery of grams accumulated by you.
The minimum investment is Rs 2,500/-

The gold jewellery has to be bought from Aabushan Jewellers Showroom.

Payment Plan

Monthly Instalment =Rs 2500/- per month
Advance Amount = Rs 0/-
Scheme Duration =12 months
Service Tax: As per prevailing rate

Payment Plan for Akshaya Benefit Scheme   
Month No. Monthly Instalment Bonus 1 Month Average Gold Rate* Accumulated Gold(Gms)
1 2,500 - 2,370 1.055
2 2,500 - 2,285 2.149
3 2,500 - 2,405 3.188
4 2,500 - 2,501 4.188
5 2,500 - 2,890 5.053
6 2,500 - 2,455 6.071
7 2,500 - 2,490 7.075
8 2,500 - 2,465 8.090
9 2,500 - 2,760 8.995
10 2,500 - 2,805 9.887
11 2,500 - 2,855 10.762
12 2,500 2,500 2,860 11.636
*This is the average gold rate based on the rate captured through all  12 installments paid by the customer

Terms

  1. This Scheme is for 12 months. One bonus instalments will be paid after completion of 12 months.
  2. Members can purchase Gold, Diamond, Platinum or Silver Jewellery (Not bullion, gold, silver coins) in the 13th month after completion of the scheme period without any default/ delay in the monthly payment.
  3. Monthly Instalments of all the scheme are to be paid within 10th of every month.
  4. In case of default, articles will be given only at the end of the scheme for the amount deposited.
  5. Bonus will not be given to the defaulters.
  6. No bonus will be paid on pre-closure of scheme by the members and they will be allowed to purchase Gold Jewellery only for the amount they have paid.
  7. No Cash refund is allowed.
  8. The 1st instalment shall be paid along with a completely filled application form, Subsequent instalments can be paid through Netbanking or Credit Cards online  on www.schemescentral.com
  9. In case of default pf payment by the customer, the maturity date will be postponed by the number of the month that has been defaulted.
  10. The maturity date will be 30 days from the day of payment (in our accounts) of the last instalment.
  11. Monthly instalment shall be paid before the 7th of every month, failing  which it will be credited for the subsequent month.
  12. Incentive/bonus is not given on pre-closure of the scheme. Customers are allowed to buy jewellery (as per scheme) only to the extent of amount paid. No cash refund is allowed
  13. Value addition/wastage/ making charge and tax surcharges will be levied as applicable at the time of sale.
  14. Customers are advised to redeem the scheme amount within 3 months from the date of maturity. No additional interest/incentive  will be paid in case of further delay in purchase.
  15. Customer can view their account statements online on www.schemescentral.com.
  16. Customers shall provide a copy of photo identity such as Driver’s license, Passport, Ration Card, Aadhar Card, Election Card or PAN Card for authentication , at the time of redemption.
  17. Aabushan Jewellers Pvt. Ltd reserves the right to alter, amend, add or delete part or whole of the privileges of the scheme without prior notice to the customer.
  18. Any conditions which are explicitly not covered alone, would be at the discretion of the company at the time of transaction. The decision of the company in this regard would be deemed as irrevocable and final.
  19. In case of any changes in existing laws, rules, acts, etc. by any regulatory authority, necessary requirements as per the same have to be compiled by the customers
  20. Disputes if any, are subject to Bangalore Jurisdiction only.

Address


  • Aabushan Jewellers Pvt Ltd:

  • # 185/7, 8th F Main Road, Near ICICI Bank 3rd Block Jayanagar,
  • Bangalore - 560 011

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