joinchit paychit
Today Rate's : Gold 22ct: 6705/Gram | Silver: 95.60/Gram
Last Update Time : 15-06-2024 09:23:57 am

Sowbaghya Purchase Plan

Monthly Installment Total (12months) Bonus Total Amount
Rs.500 Rs.6,000 Rs.500 Rs.6,500
Rs.1,000 Rs.12,000 Rs.1,000 Rs.13,000
Rs.2,000 Rs.24,000 Rs.2,000 Rs.26,000
Rs.5,000 Rs.60,000 Rs.5,000 Rs.65,000
Rs.10,000 Rs.1,20,000 Rs.10,000 Rs.1,30,000

One installment would be paid as bonus


While purchasing on Plan maturity, the current market price would be accounted.

Wastage of the jewel chosen by you would be varied and decided by management on that day.

Tax applicable for this Plan.

Gold / Silver coins could not be purchased in this Plan.

Amount paid by you in this Plan would be accounted as Advance for the jewellery purchase .

Company reserves the rights to alter or modify the rules and regulations at any time without prior notification. Decision taken by company would be the final one.

Installments should be paid within 10 th of every month before 6 PM.

Dhanalakshmi Purchase Plan

Monthly Installment Paid Amount (12 Months)/Current Rate=Gold Weight
Rs.1,000 Rs.1,000/6705 = g
Rs.2,000 Rs.2,000/6705 = g
Rs.5,000 Rs.5,000/6705 = g
Rs.10,000 Rs.10,000/6705 = g
Rs.20,000 Rs.20,000/6705 = g

No making and No wastage charges


12 months installments must be paid without fail.

Gold would be credited to your account equivalent to the installment amount paid by you according to current gold rate.

In case of particular month installment not paid, the plan maturity would be extended.

Once last installment paid, you can purchase gold within next 30 days.

After 12 months you can purchase Jewels equivalent to the saved amount without Making & Wastage charges. Purchase applicable for the jewels within 15% of wastage charges.

For pre closed accounts benefits would not be applicable. Can purchase equivalent to saved amount.

Tax applicable for this plan.

Within the month end the installment should be paid. If failed to pay the installments, the maturity would be extended according to paid installments.

In case of purchasing jewels with more than 15 % of wastage charges, the difference in the wastage charges would be paid.

(For eg: If you purchase jewels with 20% wastage, need not to pay for 15 % of wastage and remaining 5 % of wastage charges would be collected)