A structured monthly savings plan to help customers accumulate funds for jewellery purchases, with added benefits upon maturity.
Key Features:
Monthly Installment: Minimum ₹2,000, in multiples of ₹1,000
Duration: 11 months of contribution
Redemption Period: Jewellery must be purchased within the 12th month from enrollment
Flexible Payments: Accepted via cash, online banking, credit card, UPI, or post-dated cheques
Redemption Locations: Karol Bagh, South Extension-II, Gurugram (JMD Mall)
Maturity Benefit: Up to 18% discount on making charges at redemption
How It Works:
Enroll at any P.P. Jewellers by Pawan Gupta store
Pay monthly installments for 11 months
On maturity, redeem your savings to buy jewellery (equal to or above saved amount) and enjoy a discount
Missed Payments:
1 month missed: Allowed to pay double next month
2+ months missed: Kitty collapses, principal refunded
Important Note:
Jewellery must be purchased between the end of 11th month and before the 12th month. If no purchase is made within this timeframe, the saved amount will be refunded.