Privacy Policy

Shri Jewels

GOLD & DIAMOND
Collection that Reflects Beauty…

PLAN is introduced by Anantam Jewels Pvt Ltd in their Showroon by their brand name “Shri Jewels”
to facilitate customers to make advance payment through installments under Sale of Goods Act,1930

THE DETAILED TERMS & CONDITIONS ARE AS UNDER:

1. The plan Contract is named as
2. The duration of the plan is 12 months. (11+ 1Month)

3. The payment of monthly installment (s) should be made on or before decided date of every month by cash/ DD/ local cheque/ Electronic Clearing
Service in the favor of Anantam Jewels Pvt Ltd payable at Hyderabad. Outstation cheque will not be accepted. Customer Name and Membership Number
should be mentioned clearly under all modes of payment

4. All customers shall have to strictly comply with KYC (Know your Customer) norms.

5. Every Customer shall be provided with the pass book and money receipt for deposit of payments. The customer has to keep the passbook updated
and all discrepancies to be immediately notify to Anantam Jewels Pvt Ltd. The customer has to safely retain the passbook and money

receipts.

6. The purchases under the plan will be subject to GST and any other Taxes as applicable prevailing at the time of maturity/purchase.

7. The customer shall be entitled to purchase the material only after 30 days of last installment or completion of the Contract /plan term of 12 months,
whichever is later.

8. The customer of the Contract/Plan are not entitled to get Cash back under any circumstances. The customer can purchase all kinds of Studded,

and Diamond Jewellery except 24kt Gold, Silver bullion, coins, etc.

9. Customer shall not be entitled for benefits under any other Schemes, Discount and Promotional offers.

10. In case of dishonor of cheque or ECS for any reason whatsoever a minimum penalty of Rs. 500/- per instance of dishonor shall be levied and
subsequently the customer has to compulsorily make all payment through RTGS / NEFT/ CASH/ DD/ ECS/ PO only.

TL. Customer cannot pay advance however; the maturity of the plan will be 12 months.

12. In case of default in payment, at the time of maturity the discount amount shall be reduced proportionately. Late payments will also be considered
as defaults for that month and will be treated in a similar manner.

13. In case of default of 3 installments Anantam Jewels Pvt Ltd reserves the right to cease the account and the customer is entitled to

purchase the Jewellery only up to the advance accumulated in his/her account.

14, The account shall be deemed matured only when all 11 months installments shall be deposited within time limit of 330 Days. If all 1 installments

are not deposited, then no benefit of maturity shall be given to customer.

15. In the event of any premature closure of the Contract, customer may purchase Jewellery equal to the value of the Advance Amount in his/her
account as on that day, however, no discount on purchase of Jewellery will be given in case of premature closer under any circumstances.

16. The customer has understood that under this Contract/plan rates of ornaments shall be as per the market rate prevailing at the time of purchase

of the jewelry after maturity.

17. This Contract/Plan is unique and will not be linked/transferred to any other, existing or future Plan/offers.

18. The customer has to compulsorily provide a nominee. The Benefit of Contract/plan is nontransferable except to the nominee that too in case of
demise of customer.

19. The Customer has to surrender the passbook with Anantam Jewels Pvt Ltd upon redemption/purchase under the Contract/Plan.

20. Product once purchased under this Contract/plan shall not be taken back by the company under any circumstances.

21. In the event of loss of passbook, customer has to immediately inform Anantam Jewels Pvt Ltd and compulsorily make a written

application for duplicate pass book. A charge of Rs. 100/- and an Indemnity bond to the extent of 1.50 times of the redemption value shall be applicable
for the issue duplicate pass book.

Shri Jewels

GOLD & DIAMOND
Collection that Reflects Beauty…

22. The customer has to personally come with the original passbook for redemptions. In case the person who has signed in the application form

is unable to come for making purchase/ redemption, an authority letter with Xerox of identity proof duly attested by the customer along with the
original pass book shall be required. Anantam Jewels Pvt Ltd. may withhold any redemption for want of satisfactory ID proof.

23. Anantam Jewels Pvt Ltd will not be responsible or liable to send reminders for payments.

24. Anantam Jewels Pvt Ltd reserves the right to alter, amend, add or delete part or whole of the privileges of the Contract/plan without prior notice to
the customer(s).

25.Anantam Jewels Pvt Ltd is the sponsor of the plan and reserves the right to suspend the plan at any time. In any such event Anantam Jewels Pvt Ltd
shall make public announcement in newspapers and the customer(s) may purchase/redeem within 30 days of such public announcement at the
prevalent market rates.

26. The liability of Anantam Jewels Pvt Ltd under the Contract/ Plan is limited to the extent of advances/installments paid by the customer(s) and the
discount as per Contract /plan conditions, and thus, does not lead to any other warrantee or assurance whatsoever by Anantam Jewels Pvt Ltd

27. Any conditions which are explicitly not covered above would be the discretion of the company at the time of transaction. The decision of the
Company in this regard would be final.

28. Plan is subject to the jurisdiction of competent courts at Hyderabad

29. Anantam Jewels Pvt Ltd reserves the right to withhold all benefit under the Contract/plan if the customer(s) do not purchase/redeem even after
the expiry of six months from the date of redemption.

30. In case of any change in existing laws, rules, acts etc. the customer shall have to make suitable compliances.

31. The customer has read terms and conditions of the Contract/Plan and understand the terms & condition theron/plan in all respect.

32. The contract is not covered as “Deposit” under Definition of “THE BANNING OF UNREGULATED DEPOSIT SCHEME ORDENANCE 2019” dated 21/02/2019.
33. The contract governed under Sale of Goods Act, 1930 & Contract Act, 1872 as amended.