Jewellery Purchase Plans

Saving Schemes

Terms & Conditions

Click to close Click to view


  1. The advance payments have to be made on or before the 10th of every month. Multiple payments by the customer in the same month are not allowed.

  2. Such payments can be made by cash, DD or local cheque. Cheque/DD should be drawn in favour of Nathella Sampathu Chetty & Co.. Cheque return charges should be borne by the customer.

  3. The management will not be responsible for payments made in any other mode.

  4. Customer can get the delivery of the Jewellery only after receipt of all the due advances and no cash refund will be made under any circumstances.

  5. The duration of Double Protection-Zero% Purchase Plan is 11 months.

  6. The customer can get the Jewellery only after 2 weeks from the payment of the last advance.

  7. The customer can choose weight based or the amount based option on the maturity at the time of purchase.

  8. The paid advance amount will be refunded to the members without any (Double Protection &Zero%) benefits, if the member does not purchase jewellery within 12 months from the date of enrollment.

  9. There will be Zero% Value Addition for Plain Gold Jewellery bought by payment of above advances and VAT will be borne by the customer. This, however, will not be applicable if the customer opts to stop making payments before completing 11 advances and if any free gifts are given the value will be deducted. The customer will bear any applicable Govt Taxes.

  10. These advance payments will not be Applicable for Purchase of special jewellery, Diamond, Platinum, Antique, Sikri, Ruby, Emerald jewelleries, Silver Articles & Giftables.

  11. At the time of taking delivery of the Jewellery or other products under the above Purchase Plans, whether at the end or in the middle of such Plans, the customer will be mandatorily required to furnish Photo ID card.

  12. The customer is advised to ensure that all the payments made by theme are correctly registered in the JPP pass book. If any discrepancy is found, the same must be brought to the management’s notice for rectification immediately.

  13. The terms and conditions are subject to change at the discretion of the management

  14. All legal issues are subject to Chennai jurisdiction.

I have read the above mentioned terms & conditions