Installment Schemes Terms & Conditions

Please read these terms and conditions carefully before enrolling in any Gold Savings or Weight Accumulation Scheme offered by Tulsi Jewellery Works.

1. Monthly Payment Deadlines

Monthly installments must be deposited on or before the **10th of every month**. Payments can be made via authorized online payment gateways, credit/debit card swipe at the showroom, bank transfer, or account cheque.

2. Consequences of Delay or Default

Any delay in depositing the monthly payment will postpone the maturity date of the scheme by the corresponding number of days. If the user defaults on more than two installments, the bonus discount benefits (such as the 12th month free installment or making charges waivers) will be forfeited.

3. Redemption Limitations

Accumulated scheme balances or weights can **only be redeemed for gold and silver jewelry** at our physical showroom.

• Cash refunds are strictly prohibited.
• Purchases of gold coins, silver coins, gold bars, or raw bullion are excluded from redemption.
• Redemption must be completed within 30 days of the scheme's maturity date.

4. Mid-Term Cancellation

If a customer chooses to discontinue the scheme before completing the full 11 installments, they will forfeit all bonus credits and making charge discounts. The deposited amount will only be redeemable for jewelry (specifically silver jewelry in case of cancellation before 6 months) after the original maturity duration has completed.

5. Mandatory KYC Requirements

In compliance with government regulations, the depositor must provide valid KYC documentation (Aadhaar Card copy and PAN Card details) at the time of enrollment. The name on the identity document must match the customer account profile.

Last updated: June 15, 2026. For savings scheme operations, contact accounts@tulsijewellers.com.