Payment can be made by Cash, Debit Card, Credit Card, NEFT, RTGS, UPI, Local Cheque, Post-dated Cheque, or Online through the RR Gold Palace mobile application at any of the showrooms. You can also give PDCs for the entire period at your convenience.
Customers who choose to discontinue will not be eligible for any benefit/discount on the accumulated amount.
The Jewellery Purchase plan cannot be extended beyond the 11-month period. The plan will be discontinued as per the terms mentioned above if not paid continuously for 2 months.
Yes, GST and any other Government rules and taxes will be applicable at the time of delivery.
Yes, but redemption can be done only at the end of the maturity period.
Customers will enjoy the full benefit for the accumulated amount. Wastage (VA) will be charged on the excess amount of purchase. For example, if you choose ₹ 5,000/- as your monthly advance payment, the advance amount accumulated over the 11-month period will be ₹ 55,000/-. If the elected jewellery’s value is ₹ 1,12,000/- the member is eligible for No wastage (VA) on ₹ 55,000/- only and the regular wastage (VA) as applicable will be payable on the balance amount of ₹ 57,000/-.
Cash will not be refunded under any circumstance, as per Government regulations. Customers can receive gold jewellery of the equivalent value to the accumulated amount paid.
Partial redemption is not allowed and a refund, in any case, will not be provided, as per the Government regulations.
Customers have to Purchase the gold jewellery after the 30th day from the 11th-month advance payment.
Can I start the jewellery purchase plan in one showroom and redeem it at another showroom?
Yes, the members can make the monthly advance payment in any of the RR Gold Palace Showrooms or online and the redemption can also be made in any of the RR Gold Palace showrooms.
The advance amount is fixed for this plan and cannot be changed once chosen.
