TERMS AND CONDITIONS

Golden Peacock Jewellery Purchase Plan

Important Points:

• We request the Subscribers to read all the terms and conditions stated in the Golden Peacock Jewellery Purchase Plan ("Plan") thoroughly. The terms and conditions captured in this Plan provide complete understanding on the Plan and are basis of the agreement between Subscriber and PMJ Gems and Jewellers Private Limited ("PMJ"). The same are binding between the parties upon signing the Jewellery Purchase Plan Subscription form.
• Subscriber's copy of Plan's Passbook is mandatorily required to be submitted at the time of purchase of the jewellery. The Subscriber is required to be physically present for purchase of the jewellery.
• Subscribers are required to provide Government authorised identity proof and Address proof documents at the time of joining the Plan.

Plan Details:

Minimum Monthly Payment	INR 5,000/- and in multiples of INR 5,000 from there on
No. of Payments	11 months
Items to be Purchased	Gold or Diamond Jewellery
Benefit	One month's advance payment as loyalty reward

Terms:

1. Under Plan, where the Subscriber must pay 11 (eleven) monthly advance payments and his/her maturity would start after 330 (Three Hundred and Thirty) days from the date of joining the Plan.
2. The date of payment of first advance amount i.e Plan Enrolment date/date of joining the Plan shall be considered as date of enrolment.
3. Under this Plan, the Subscriber shall pay a minimum INR 5,000 (Rupees Five Thousand) or above (in multiples of INR 5,000 (Rupees One Thousand).
4. The Subscriber would be eligible for 1 (one) month's advance payment as loyalty reward for the jewellery purchases.
5. The subscriber will make eleven monthly advance payments towards their committed amount. Upon completing the payment plan, they will be eligible to purchase gold/ diamond jewellery at the prevailing market rate, plus receive a loyalty reward equivalent to one month's payment.

Queen's Kitty: Occasions / Celebrations/ Legacy

	Occasions	Celebrations	Legacy
No. of. Group Members	10	10	10
Monthly Contribution per member	INR 5,000	INR 10,000	20,000
No. of Payments	11 Months
Items to be Purchased	Gold / Diamond Jewellery
Benefit	One month's advance payment as loyalty reward
Discount on first month's payment	15%	25%	50%

Terms:

1. Under PMJ Queen's Kitty: Occasions/Celebrations/Legacy Plan, where the Subscriber must pay 11 (eleven) monthly advance payment and his/her maturity would start after 330 (Three Hundred and Thirty) days from the date of joining the Plan.
2. The date of payment of first advance amount i.e Plan Enrolment date/date of joining the Plan shall be considered as date of enrolment.
3. Under the Plan-Occasions, the Subscribers shall form a group of minimum 10 members and shall pay a minimum INR 5,000 (Rupees Five Thousand only).
4. Under this Plan-Celebrations, the Subscribers shall form a group of minimum 10 members and shall pay a minimum INR 10,000 (Rupees Ten Thousand only).
5. Under this Plan-Legacy, the Subscribers shall for a group of minimum 10 members and shall pay a minimum INR 20,000 (Rupees Twenty Thousand only).
6. The Subscriber would be eligible for 1 (one) month's advance payment as loyalty reward for the jewellery purchases.
7. All the members in Queens's Kitty are treated as Individual Subscribers only.
8. Each subscriber gets all the offers and loyalty rewards as per the Individual Subscriber's eligibility.
9. Each subscriber is responsible for their monthly payments and jewellery purchases can be done to the extent of accumulated amounts in their individual subscription.
10. No Group member stands guarantee for any other member in the group.
11. PMJ allows purchases of Individual subscribers of group upon successful completion of their plan.
12. The subscribers will make eleven monthly advance payments towards their committed amount. Upon completing the payment plan, they will be eligible to purchase gold/ diamond jewellery at the prevailing market rate, plus receive a loyalty reward equivalent to one month's payment.

DETAILED TERMS AND CONDITIONS:

I. Account Opening & Enrolment

1. Only individuals above 18 years can enrol into the Plan and enrolment is not permissible for other entities like Companies, Partnership firms and Proprietorship concern or Trusts or Hindu Undivided Family (HUF). Minors can enrol into the Plan only through their natural guardians. The Subscriber must not pay a part or whole of the instalment using borrowed money.
2. Subscribers are required to provide a copy of his/her photo ID and address proof documents like Ration Card/Passport/Aadhaar or PAN card (Mandatory for cumulative contribution above 2 Lakhs)/ Driving License/Voter ID, etc., at the time of enrolment into the Plan.
3. On enrolment, every Subscriber will be given a Passbook which he/she is required to carry and keep under safe custody, at all times. The Subscriber should ensure that, all payments made by them are correctly entered in Passbook and if there is any discrepancy, it should be immediately brought to the respective store manager's notice, for suitable rectification, especially the name of the Subscriber wherein the name should be as per the ID proof provided by the Subscriber and not in any other name, including nick names or short forms, etc.
4. At the time of enrolment, the Subscriber shall ensure that, the Subscription form is signed by him/her and by the PMJ's store manager or authorised PMJ employee, in the space provided, accepting the terms and conditions as stated in the Plan's subscription form to ensure the validity of the form and for proper reference at the time of making purchases under the Plan.
5. The bearer of the passbook cannot be considered as the owner of the Jewellery. If there is any discrepancy as per the ID proof, PMJ reserves right to check the authenticity/validity of the documents and person representing for the appropriation of such advance at the sole discretion of PMJ which is final and binding.
6. In case of any change in the contact or address details, the Subscriber is required to intimate PMJ or email to pmj.savings@pmjjewels.com within 7 (Seven) days from date of such change.
7. The amounts under the Plan shall be denominated and utilized in Indian rupees only. The Jewellery Purchase Plan once selected cannot be converted into any other jewellery purchase plans (existing or new) which may be operated or implemented by PMJ, from time to time.
8. The maturity date shall be strictly calculated according to the first payment date made by the Subscriber.

II. Monthly Payment:

1. The Subscriber should ask for an entry in the Plan's passbook or collect his/her duly computerised receipt, from the PMJ's store where he/she is making payment. Subscriber can also make payment over the internet. However, the Subscriber must ensure to get his/her Plan passbook updated periodically by producing payment receipts for the purpose of the Plan, monthly due date shall be one month from the advance amount due date.
2. Receipt for the payment made by Automated Clearing House ("ACH") will be made only after clearance of payment. In case of ACH enabled accounts, the Plan cannot be closed prior to maturity date unless the Subscriber has cancelled the ACH by submitting the required forms to PMJ.
3. Payment of monthly advance amounts should be made on or before due date by cash, card, cheque and ACH in select stores, demand drafts in favour of "PMJ Gems and Jewellers Private Limited", payable at Hyderabad, irrespective of whoever operates the store. International cards for online payment will not be accepted.
4. PMJ's store or PMJ will not be responsible or liable to send reminders for payments.
5. In the event where the Subscriber has requested for door step collection of the advance amount, the Subscriber must collect the receipt from our collection agent. The Subscriber should not pay advance amount to collection agent who doesn't give receipt of the advance payment.
6. In the event where the Subscriber failed to pay 3 consecutive month advance payment towards Plan, plan stands cancelled and the Subscriber will not be entitled for any other plan benefit.

III. Jewellery Purchase Plan Transfer Process

The accounts opened under this Plan are transferrable between different locations of PMJ's outlets only. The transfer of accounts can be made only in the name of the original Subscriber as mentioned in the Plan's Subscription form and the Plan's passbook should be produced at the transferee store along with the photo ID proof by the Subscriber.

IV. At the event of Plan's balance adjustment, towards purchase of jewellery by the Subscriber:

1. At the time of purchase of jewellery upon maturity of the Plan, the Subscriber has to personally come with his/her original Plan passbook and utilize the advance amounts paid towards purchase of jewellery.
2. At the time of purchase, the original Plan passbook has to be submitted by the Subscriber to PMJ's store (and his/her signature at time of purchase has to tally with the signature in the Plan's Subscription form)
3. Advances received under the Plan has to be fully utilized for the purchase of jewellery and no credit note in full or partial is permitted.
4. In the event of any pre-mature closure of the plan by the Subscriber, such Subscriber may purchase jewellery at the PMJ's store equal to the value of the advance amounts accumulated in his/her account as on that date. However, the benefit of jewellery purchase will be given in case of pre-mature closure of the account as per below mentioned table:

   Months	Benefit Eligibility
   9th & 10th Months	80%
   7th & 8th Months	60%
   Upto 6 Months	Nil

5. In case the Subscriber discounted at any given point, he/she can purchase jewellery to the extent of the accumulated amount and no cash refunds shall be entertained at any given point. In such cases, no discount or any other kind of benefit shall be given to Subscriber.
6. At the time of utilization of advances, two individual plans will not be merged under single purchase transaction.

V. Other Terms and Conditions

1. In the event of loss of Plan passbook, the Subscriber has to intimate the concerned PMJ's store or email to pmj.savings@pmjjewels.com immediately in writing to enable PMJ to block the account. In case of any delay or non-intimation, he/she shall be personally responsible for any loss or redemption/purchase by any other person.
2. In the event of loss of the original Plan passbook: A duplicate Jewellery Purchase Plan passbook can be issued only if the Subscriber provides an indemnity letter on Rs. 200/- non-judicial stamp paper at the location and valid photo identity and address proofs, for authentication by the PMJ's store. PMJ shall not issue any duplicate Plan passbook unless they are satisfied about the authenticity of the claim or request for duplicate Plan passbook and only if the Subscriber produces in original all receipts given to his/her in the past.
3. In the event of death of the Subscriber the amount is transferable by PMJ to the persons whose nominations has been filled by the Subscriber in the form at the time of opening the account subject to such nominee producing identity and address proof. In case the Subscriber does not wish to nominate any person, any claims made by any other person on behalf of the Subscriber will not be entertained unless such person being a legal heir or dully authorised person claiming the benefits in Jewellery Purchase Plan account shall produce below documents to PMJ.
   1. Death certificate of the deceased
   2. Succession Certificate
   3. NOC from other surviving legal heir for Purchase
   4. Indemnity undertaking to indemnify PMJ from claims.
   5. Will (if any)
   6. along with all other supporting documents and clarifications.
   However, the decision of PMJ shall be final on sufficiency of any document in all such cases above and the same shall be binding upon the claimants.
4. The PMJ reserves the right to alter, amend, add or delete part or whole of the privileges of the Jewellery Purchase Plan without prior notice to the Subscriber, as long as the same is not detrimental to the interest of the Subscriber.
5. PMJ is the operator of the Plan and reserves the right to suspend the Plan at any time. In any such events the Subscriber may purchase any diamond jewellery and/or gold studded jewellery at the PMJ's outlets equal to the value of the advance amounts accumulated in his/her Plan account along with discounts accumulated as on that day.
6. In case the Subscriber does not purchase Jewellery within 360 days from the First instalment date, PMJ shall return the entire accumulated amount into the subscriber's bank accounts on the 365th day. In such cases, no discount or any other kind of benefit shall be provided to the Subscriber.
7. The liability of PMJ or its franchise or agents under the Plan is limited to the extent of the advance amounts/ advances paid by the Subscriber and the discount, as per the Jewellery Purchase Plan and conditions contained herein and thus does not lead to any other assurance or warranty whatsoever by PMJ.
8. Gold Coins and bullion are not covered in this Plan.
9. PAN Number would be required for purchases of Rs. 2,00,000/- or more.
10. Any conditions which are explicitly not covered above would be at the discretion of PMJ at the time of transaction. The decision of PMJ in this regard would be deemed as irrevocable and final.
11. Disputes if any will be subject to courts in Hyderabad jurisdiction only to the exclusion of any other court's jurisdiction.
12. In case of any change in existing Law, Rules, Acts, etc by any regulatory authority PMJ reserves its right to make such modifications/ change/suspend/discontinue the Jewellery Purchase Plan suitable to the change of law and necessary requirements as the same have to be complied with by the Subscriber.