Terms and Conditions

  • ┬áMonthly instalment amount should be paid on or before the due date. Due date for every month is the date of enrollment. We understand your busy schedules and therefore, in case the monthly instalment is delayed, a maximum of three days grace period would be provided for the same.
  • We believe, installments will be paid regularly without delay. However, in the event, the instalment payments are delayed beyond the permissible norms, the member will not be eligible for any discount/bonus under the scheme.
  • In the event, the instalment payments are paid in bulk, the member will not be eligible for maturity bonus under the scheme.
  • In the event, a member desires to exit scheme before maturity, jewellery to extent of amount of installments paid only can be purchased. In case of premature exit, discounts already offered and/or accruing will stand withdrawn. Under no circumstances refund of amount of instalments paid will be allowed to the member.
  • We as an additional facility will have doorstep collection of instalment amount. Member must collect the receipt on the spot from our collection agent. DO NOT PAY to any person who does not give receipt for the amount. (To avail the facility of doorstep collection, member needs to subscribe to our SMS service)
  • If the monthly instalment amount is Rs.20,000/- or more, member is required to quote the PAN number.
  • ┬áSchemes can be redeemed by registered member only and to make your redemption process easy, please carry original passbook and a valid ID Proof.
  • ┬áMember can pay instalments through cheques in favour of PMJ Gems and Jewellers Pvt Ltd, Credit card / Cash can be paid at all our boutiques and sales offices. You can also do online payments IMPS, NACH, (National Automated Clearing House) NEFT, RTGS and send transaction UTR Number to CRM team.
  • To ensure maturity period on time, you might like to issue post-dated cheques. This will help to you to pay instalment every month automatically without any hassle or delay in payment.
  • On successful completion of the scheme by regular monthly payment, you must complete your purchase of jewellery within 30 days.
  • Gold coin, bullion is not covered in the scheme.
  • At the time of redemption & premature closing the scheme, please present the original passbook.
  • PMJ Gems and Jewellers Pvt. Ltd. reserve the right to forfeiture on any amount that is lying in the member account and does not purchase.
  • Any conditions, which are not covered above, would be at the discretion of the company.The decision of the company would be deemed as irrevocable and final.
  • Disputes, if any are subject in Hyderabad jurisdiction. In case of any changes in existing laws, rules and regulation etc., by competent legal authority, then the necessary requirement as per the same shall have to be complied by the customer.