Gold Bees | Pandurang Hari Vaidya & Sons Jewellers

FIXED AMOUNT

Amount Based

S.I.P. Gold Coins (24Kt)

Duration

11 Months

Purity 24 KT

Min. Monthly Amount ₹1,000

Max. Monthly Amount ₹200,000

Select Monthly Amount

₹

1) Tenure

11 Months + 1 Month

2) Installment

Customers can select their monthly installment amount e.g. ₹1,000, 2,000, 5,000, 10,000, etc. (in multiples of ₹1,000).

The amount shall remain constant for each monthly installment.

Customer shall pay 11 monthly installments, which shall be booked as customer’s advance.

3) Pay Date

Customers need to pay between 1st & 10th of each calendar month.

4) Modes of Payment

Payments are accepted online through:

UPI (Google Pay, PhonePe, Paytm, etc.)
Online Bank Transfer (IMPS, NEFT, RTGS)
Rupay Debit Cards
Visa/Master Debit/Credit Card
Additional convenience fees applicable
Cash: in-store payment
Post-dated cheques

5) Rate Applicable

(Rate per Gram – 22K)

The rate per gram for 22K gold shall be applied as on the day of receiving payment.

6) Weight (in Grams, Milligrams)

Equivalent 22K gold shall be booked as per the rate prevailing on the day of receipt of payment.

7) Discount

Additional gold weight shall be given on delivery as follows:

Scheme KaratAdditional Weight22K Scheme60% of weight booked in 1st month24K Scheme (995)40% of weight booked in 1st month

8) Maturity

The scheme shall mature in the 12th month from joining date.

If customer fails to make payment before 10th of each calendar month, the maturity date shall be extended by 1 month.

9) Delivery

In-store physical delivery only.

10) Delivery Form

Customers shall get delivery in the form of 22K / 24K Gold Coins.

11) Invoice

Invoice shall be generated on maturity of the scheme for the entire weight of “Supply”.

12) GST

Shall be calculated on the entire weight of “Supply” as per prevailing rates.

13) Labour Charges

Discounted labour charges @ ₹150 per coin will be charged on delivery.

14) Exchange for Jewellery

The coins delivered through this scheme can be exchanged for 22K gold jewellery anytime in future and shall be valued at 22K sale rate on the day of exchange.

“Gold to Gold”

15) Cancellation

If a customer wants to cancel the scheme, he shall be refunded the amount he has paid.

Such payment shall be made to his bank by issuing a cheque in favour of the customer.

Refund on cancellation shall not be made in the form of gold.

FLEXIBLE AMOUNT

Amount Based

Gold Bees Flexi

Duration

11 Months

Purity 22 KT

Min. Monthly Amount ₹1,000

Max. Monthly Amount ₹50,000

Select Minimum Amount

₹

3 members joined

1) Tenure

11 Months + 1 Month

2) Installment

Customers can pay any amount e.g. ₹1,000, 2,000, 5,000, 10,000 (in multiples of ₹1,000) and it shall be recorded as advance.

Each payment shall earn reward points as explained in the calendar attached along with.

Customer can make multiple payments in a month; there is no restriction on number of installments the customer can pay.

Customer can pay any amount as installment in round figure, e.g. ₹1,000, 2,000, 5,000, 10,000 etc. (in multiples of ₹1,000).

3) Pay Date

Customers can pay at any time of their convenience from the scheme joining date until scheme maturity date.

Each payment shall earn reward points per ₹1,000 paid by the customer.

4) Modes of Payment

Payments are accepted online through:

UPI (Google Pay, PhonePe, Paytm, etc.)
Online Bank Transfer (IMPS, NEFT, RTGS)
Rupay Debit Cards
Visa/Master Debit/Credit Card (additional convenience fees applicable)
Cash: in-store payment
Post-dated cheques

5) Rate Applicable (Rate per Gram – 22K)

The rate per gram for 22K gold shall be applied as on the day of receiving payment.

6) Weight (in Grams, Milligrams)

Equivalent 22K gold shall be booked as per the rate prevailing on the day of receipt of payment.

7) Benefits

Customers can avail benefits of averaging rates through the year and collecting reward points on each purchase.

Customers can pay less or avoid paying when rates are high.

Customers can buy more when rates are low.

8) Maturity

In the 12th month.

9) Delivery

In-store physical delivery in form of 22K gold jewellery only.

Delivery will not be made in form of gold coins.

10) Invoice

Invoice for the entire weight of the ornament shall be provided on maturity of the scheme.

11) GST

Shall be calculated on the entire weight of Supply as per prevailing rates.

12) Reward Points

Each point is equal to ₹1.

Each payment made by the customer shall earn reward points.

These reward points shall be reduced from the total labour charges of the ornament.

13) Minimum Ornament Weight

The weight of the ornament should be more than the sum of total weight booked in 11 months in customer’s account.

14) Not Applicable On

This scheme shall not be applicable on plain goth bangles, patlya, vala-vedhni.

15) Cancellation

If a customer wants to cancel the scheme, he shall be refunded the amount he has paid.

Such payment shall be made to his bank account online or by cheque in favour of the customer.

Refund on cancellation shall not be made in the form of gold.

FIXED AMOUNT

Amount Based

Gold Bees - SIP Gold Coins (22Kt)

Duration

11 Months

Purity 22 KT

Min. Monthly Amount ₹5,000

Max. Monthly Amount ₹200,000

Select Monthly Amount

₹

3 members joined

1) Tenure

11 Months + 1 Month

2) Installment

Customers can select their monthly installment amount e.g. ₹1,000, 2,000, 5,000, 10,000, etc. (in multiples of ₹1,000).

The amount shall remain constant for each monthly installment.

Customer shall pay 11 monthly installments, which shall be booked as customer’s advance.

3) Pay Date

Customers need to pay between 1st & 10th of each calendar month.

4) Modes of Payment

Payments are accepted online through:

UPI (Google Pay, PhonePe, Paytm, etc.)
Online Bank Transfer (IMPS, NEFT, RTGS)
Rupay Debit Cards
Visa/Master Debit/Credit Card
Additional convenience fees applicable
Cash: in-store payment
Post-dated cheques

5) Rate Applicable

(Rate per Gram – 22K)

The rate per gram for 22K gold shall be applied as on the day of receiving payment.

6) Weight (in Grams, Milligrams)

Equivalent 22K gold shall be booked as per the rate prevailing on the day of receipt of payment.

7) Discount

Additional gold weight shall be given on delivery as follows:

Scheme KaratAdditional Weight22K Scheme60% of weight booked in 1st month24K Scheme (995)40% of weight booked in 1st month

8) Maturity

The scheme shall mature in the 12th month from joining date.

If customer fails to make payment before 10th of each calendar month, the maturity date shall be extended by 1 month.

9) Delivery

In-store physical delivery only.

10) Delivery Form

Customers shall get delivery in the form of 22K / 24K Gold Coins.

11) Invoice

Invoice shall be generated on maturity of the scheme for the entire weight of “Supply”.

12) GST

Shall be calculated on the entire weight of “Supply” as per prevailing rates.

13) Labour Charges

Discounted labour charges @ ₹150 per coin will be charged on delivery.

14) Exchange for Jewellery

The coins delivered through this scheme can be exchanged for 22K gold jewellery anytime in future and shall be valued at 22K sale rate on the day of exchange.

“Gold to Gold”

15) Cancellation

If a customer wants to cancel the scheme, he shall be refunded the amount he has paid.

Such payment shall be made to his bank by issuing a cheque in favour of the customer.

Refund on cancellation shall not be made in the form of gold.

Choose Your Gold Savings Plan

S.I.P. Gold Coins (24Kt)

Gold Bees Flexi

Gold Bees - SIP Gold Coins (22Kt)