Do you Buy Diamonds from other jewellers.
1. Book Gold, Diamonds, Platinum and Silver rates as you pay your instalments.
2. Buy at the â??averagedâ?? rates.
3. Facility to switch over to cash benefit and buy at current rates at the time of maturity.
Any individual (18 years and above) / Company Sole Proprietorship or Partnership firm. Minors may also be enrolled through his/her guardians/nominees. Persons may also nominate another individual who may utilize the gold/diamond/silver at credit or continue the investment plan or utilize the total quantity accrued at the end of the period. In the event of death of the individual, the nominee shall produce the identification card and all receipts of payments made, before being able to utilize the quantity available in his/her/their account.
MISSED PAYMENTS DO NOT EXTEND YOUR MATURITY.
NEW! You may club amounts or weights from multiple plans to purchase an ornament.
(Provided the plans are enrolled in same name)
NEW! The amounts may be used to buy gemstones and gift articles too.
NEW! Get additional “Birthday Gift Benefit“ on your Birthday! Additional benefits are automatically applied to the installment paid during the month of your Birthday! Enjoy higher benefit on higher instalment amount paid on your special day!
% OF GAIN IN QUANTITY OF GOLD JEWELLERY PURCHASED OVER THE LAST 11 MONTH PERIOD
LIVE CASE EXAMPLE*
Percentage of gain (loss) in quantity of gold jewellery purchased over re last 11 months period
|Installment month||Installment amount (Rs)||Additional Benefit @10% per annum (Rs)||Birthday benefit 10 % on amount of installment additional for the month (Rs)||Gold Rate 22 Kt per gram applied at (Rs)||Accrued gold Wt in Qty benefit option @ 10 % per annum (Grams)||Accrued cash benefit in “Cash Benefit” option @10% per annum (Rs)|
|Billed day's gold rate per
|Rs. 5140.01||Billed days gold amount 24.489
grams X 5140.01 Rate Per Gram
|Billed day's “Average” rate applicable
Rs. 1,10,000/ 24.489 Grams
|Rs. 4491.81||Applied “Average” rate gold amount
24.489 Grams X 4491.81 Rate Per Gram
|Gain under “Weight” option||Rs. 15873.76
(Rs.1,25,873.70 - Rs.1,10,000.00)
|Gain under “Cash” option||Rs. 5584.33|
For all on time installment payments, Rs.11,000 worth Discount vouchers (with multiplier condition) is issued. Note: If gold rate on billing date is lower than 'averaged', option to switch to “Cash Benefit” is available.
One pair gold bangles
|Year||Gross Weight (Gram)||Net Weight (Gram)||Normal Price (Rs)||Rate Protection Plan Price (Rs)||Rate Protection Plan Gain (Loss)|
|Past 5 years “ Average Rate” Gold Rate Per Gram|
|Year||Month||11 Months Average rate Per Gram (Rs)|
DISCLAIMER: *Live Case Example taken from past date Past performance is not an indication of future performance. Gold, silver, diamonds and platinum rates are subject to market fluctuations. Subject to terms and conditions of operation, issued separately and on www.ckcjewellers.com *22kt Gold rates: Jan 2010 Avg - Rs. 1441.24 per gm. Jan 2016 Avg - Rs. 2366.79 per gm. Other normal charges are applicable.
|Family Income per annum||Family Income per Month||Recommended Systematic Instalments per Year||Recommended Systematic Instalments per Month|
Disclaimer: The past record is an indication of the future, and the amount of money saved will depend on the kind of jewellery you purchase.