SAVINGS
SCHEME
APPLY FOR SAVING SCHEMES
ADVANTAGES OF PADMAKSHI JEWELLERS
1.
All Padmakshi Products are hallmarked. All Padmakshi diamonds are certified by IGI.
2.
All Gold and Ruby Jewellery is calculated on net weight only.
3.
Every jewel at Padmakshi comes with an excellent finish.
4.
Padmakshi Jewels has a buy-back policy.
*Terms and Conditions Apply.
5.
Padmakshi sells Diamonds in DEF and EF colour grades with IF and VVSI clarity.
6.
All Padmakshi diamonds are perfectly cut, 100% conflict free and are calculated on net weight only.
7.
Padmakshi is one of the few jewellers to sell microscopic setting for their diamonds.
8.
Complete control of quantity of diamonds and gold (this is important, as customers cannot check the weight of diamonds, once set)
Advance against purchase of jewellery can be made by Cash/ DD/ Debit/ Credit Cards, NEFT /RTGS/ UP/ Local Cheque/ At-par cheques favouring the company. However cash payment cannot be made for more than Rs. 1,99,000 as per Government of India regulations. In case of cheque dishonour, the bank charges will be borne by the customers. The payment can be made at the Padmakshi Jewellers store.
As per government regulations, a customer cannot combine multiple accounts if those accounts are paid up by cash and the total of the combined accounts cash payments exceed Rs. 1,99,000.
The advance amount paid will not be eligible for any interest.
Customers who choose to discontinue within 5 months of enrolment will not be eligible for any benefit/ discount on wastage (VA) and can only redeem to the extent of paid up value under the plan, by paying 100% wastage (VA) for any jewellery purchase.
Balance advance amount, if any, will not be refunded in cash and can only be adjusted on purchase of Gold/ Silver coins.
Customers who choose to pre-close the enrollment will not be eligible for any benefits.
TERMS AND CONDITIONS
Introducing our distinguished savings trilogy: Samskruthi, an homage to timeless elegance with our antique gold savings scheme; Aaradhya, an ode to brilliance in our diamond savings scheme; and Swarna Nidhi, a symphony of wealth through our gold savings scheme. Enrich your future with the grace of our unique savings offerings and turn aspirations into
enduring treasures!
Savings Scheme
01. Antique Jewellery Scheme
03. Diamond Jewellery
02. Gold Jewellery Scheme
FAQs (FREQUENTLY ASKED QUESTIONS)
How to make the advance payment?
Advance against purchase of jewellery can be made by Cash/ DD/ Debit/ Credit Cards, NEFT /RTGS/ UPI / Local Cheque/ At-par cheques favouring the company. However cash payment cannot be made for more than Rs. 1,99,000 as per Government of India regulations. In case of cheque dishonour, the bank charges will be borne by the customers. The payment can be made at the Padmakshi Jewellers store.
What if I discontinue?
Customers who choose to discontinue within 5 months of enrollment will not be eligible for any benefit/ discount.
Will there be GST?
Yes, GST and any other Government levies will be borne by the customer at the time of delivery.
In what other ways can Padmakshi Schemes help me?
As mentioned earlier, the Padmakshi Saving Schemes helps you get more jewellery than you could have expected. The scheme helps you plan in advance to buy jewellery for weddings and other auspicious occasions.
What if I buy jewellery exceeding my advance payment?
Wastage (VA) will be charged on the excess amount, for instance, if you choose Rs. 55,000 as advance payment. If the selected jewellery value is Rs. 1,12,000, you are eligible for No wastage (VA) up to 18% on Rs. 55,000 only and wastage (VA) as applicable will be payable by you on the balance amount of Rs. 57,000. However the special discount of on wastage (VA) will be eligible on the balance amount.
Will the cash be refunded?
The cash will not be refunded under any circumstances, as per Government Regulations.
Can I purchase special items like ethnic and vintage jewellery and pooja items?
Yes, you can purchase special items, with wastage (VA) and making changes as applicable.