Terms & Conditions:

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Khandelwal Gold Tree Offer:

• You can pay a fixed amount on the due date of every month for 11 months (minimum value - INR 1000 and it can be in any amount in multiples of INR 1000). This amount will be considered as an advance for the purchase of gold/diamond jewellery.

• At the end of the 11th month, you will be entitled to a bonus on the total advance amount and a special 20% discount on the making charges of the gold/diamond jewellery (as per the charts below).

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Payment & Redemption:

• You can make the payment for KGT through a variety of payment options, including but not limited to; cash, credit card, debit card, UPI, cheque, net banking and bank transfer.

• Upon completing the payment of advance installments during the term, you will be entitled to purchase either gold jewellery or diamond/gemstone studded jewellery (except gold coins or bullion) at any of our stores.

• The gold price will be fixed on the date of purchase. You will have to bear the applicable taxes on the date of delivery of the jewellery.

• All the benefits of KGT are only to the extent of the advance amount. If you purchase jewellery that is worth more than the advance amount, the making charges as applicable are levied on the excess amount.

• The benefits cannot be clubbed with any other offers or programs at our stores. No additional discounts will be offered upon the redemption of KGT.

• You will receive a receipt upon your monthly advance payment. At the time of the purchase of jewellery, it is mandatory to produce all the receipts of monthly advance payments and a copy of Govt. identity proof (PAN, Aadhar, Driving licence, etc.)

• If advance payment is made by cheque, the amount will be deemed to be paid only after the realisation of the cheque. If the cheque is dishonoured, you will have to bear a penalty of INR 500 as a cheque bounce charge which will be deducted from the advance amount already paid.

• You will be allowed a grace period of 7 days from the due date to make the advance payment of your installment.  More than 1 advance payment cannot be made on the same day.

• You will only be eligible for the KGT special making discount and bonus after you have made all the advance payments. The advance payment period cannot be extended for more than 11 months. Your KGT will be discontinued if you fail to make the advance payments continuously as stipulated. 

• You must purchase the jewellery within 30 days from the date of your last (11th month) advance payment. 

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Cancellation / Termination:

• Upon discontinuation of the KGT, you will not be entitled to a refund of the advance amount paid, as cash or cheque under any circumstances. The advance amount has to be utilised towards the purchase of jewellery from any of our stores. Additionally, upon the discontinuation of the KGT, you are ineligible for the special KGT making discount and bonus.

• KGT is not transferable. However, in case of unforeseen circumstances, the nominee specified by you in this application form will have to right to pay the balance advance amount and redeem your KGT.

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• Other T&Cs:

• All disputes are subject to the jurisdiction of the competent courts of Mumbai.

• Khandelwal Jewellers (Akola) Pvt Ltd reserves all rights to make any alterations, cancellations or additions to the above terms and conditions. (Updated T&Cs will be available on our website.)

• KGT does not entitle you to any interest payments for the advance amount.

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