What Is Lalitha Jewellery Gold Scheme?
What Is Lalitha Jewellery Gold Scheme? Here we introduce Lalita Jewelry Scheme, one of the biggest jewelry chains in South India, Lalita Jewelry Mart Pvt. Ltd. was established in the year 1983. Mr. Kiran Kumar is the founder of Lalitha Jewellers, which is headquartered in Chennai, Tamil Nadu.
What Is Lalitha Jewellery Gold Scheme? However, the jeweler’s showrooms are spread across various places in the state of Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Pondicherry.
What Is Lalitha Jewellery Gold Scheme? It gives you protection against fluctuations in the price of gold during the entire term of the plan. We bear full value addition charges on our entire range of gold jewelry. As a token of our love and goodwill towards you, we are giving a 50% bonus on a one-month installment amount.
Lalitha Jewellery Gold Scheme Benefits
- Gold is credited to your account every month at the prevailing rate. You will be safe from rising gold prices.
- Free gold will be given after 30 days of payment of the 16th installment.
- No wastage charges up to 14% will be applicable on selected jewelry, for the accumulated gold weight. If the weight exceeds, normal wastage charges apply to the excess weight.
- No making charge is applicable. (Not applicable on Exclusive, Ruby, Significance, Emerald, Diamond & Platinum jewelry)
- The applicable Value Added Tax will be borne by Lalita.
| Scheme | Lalitha Jewellery Gold Scheme |
| New Scheme | 11 Month Plan |
| Benefits | One Free Instalment + 50% discount on Value Addition (V.A).
Lalitha Jewellery has started treating wastage charges and making charges together as VA or ‘Value Addition’. |
| Eligibility | All Indian residents (Individuals, Trusts, HUFs, Financial Institutions, Universities, etc.). However, a minor cannot become an applicant or a member. |
| Registration Fees | INR 0/- |
| Investment | Rs. 1000/- or Rs. 1500/- or Rs. 2000/- or Rs. 2500/- |
| Tenure | 11 months |
Lalitha Jewellery Gold Scheme Features
- Customers can open the account with a minimum of Rs 1,000 and in multiples of Rs 1,000.
- Each installment paid per month will be converted into gold at the prevailing rate.
- The scheme requires a payment of 16 months and Lalita will pay the 17th installment in gold on maturity.
- The money can also be used to buy gold coins of 916 purity on maturity.
- Installments must be paid on time and cannot be carried forward.
- Advance installments are not accepted.
- Payment can be made in the form of cash, cheque, demand draft, or pay the order in favor of “Lalitha Thanga Maligai”.
Lalitha Jewellery 11-Month Scheme
What Is Lalitha Jewellery Gold Scheme? At the time of purchase, you can select either weight-based calculation or rupee-based calculation, whichever is beneficial to you! It provides you protection against fluctuations in the price of gold during the entire tenure of the plan. It bears full value addition charges on our entire range of gold jewelry. As a token of our love and goodwill towards you, we give a 50% bonus on a one-month installment amount.
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