Buyback Policy

At Hassan Jewellers, we offer a cash buyback policy for jewellery, solitaire diamonds, and gold coins/bars purchased from www.hassanjewellers.com and other online marketplaces.

Please note the following details regarding our Buyback Policy:

• The buyback policy is applicable for jewellery, solitaire diamonds, and gold coins after 7 days from the date of purchase.
• You can return your gold jewellery, gold coin/bar, diamond or precious gem jewellery at Hassan Jewellers with a valid invoice and by returning the product to the registered address mentioned on www.hassanjewellers.com.
• Standard rate deduction policy on the prevailing price of gold will be applicable on the gold component of your jewellery or gold coin/bar.
• The gold rate at our retail store or on our website will be considered the benchmark gold rate.

Buyback Rates:

• Gold Jewellery: 96% of the benchmark gold rate.
• Diamond Jewellery: 100% of the benchmark gold rate and 80% of the prevailing diamond carat rate after deducting any discount given at the time of purchase.
• Era or Uncut Jewellery: 100% of the benchmark gold rate and 75% of the invoice value of uncut diamonds after deducting applicable discounts.
• Solitaire Diamond Studded Jewellery: 100% of the benchmark gold rate and 80% of the prevailing diamond carat rate after deducting applicable discounts.
• Platinum Jewellery: 95% of the benchmark platinum rate and 80% of the prevailing diamond carat rate after discount deductions.
• Gold Coins: 96% of the benchmark gold rate.
• Silver Articles: 90% of the benchmark silver rate for 92.5 purity & 75% for 80 purity silver.

Identification Requirements:

To sell gold, the customer must provide one of the following identity proofs: Electoral ID, Aadhaar Card, Driving License, Passport, PAN Card

Fair Value Assessment:

Our buyback policy ensures fair value for your jewellery and solitaire diamonds. The prevailing price is calculated as:

Prevailing Price = Gross Price – % Discount Offered During Purchase

The gold or platinum price on the date of buyback at our retail store will be considered for valuation.

Approval and Evaluation Process:

• All exchanges or buybacks are subject to a quality check by our quality team or an authorized lab, which may take up to 4 working days.
• Hassan Jewellers reserves the right to calculate the final buyback amount based on this evaluation, taking into account the condition, quality, and market value of the item.

Payment Terms:

• All buyback payments will be made via account payee cheque or RTGS/NEFT only, in the name of the customer listed on the invoice.
• Payments may take 7–10 business days to process.

Custom or Altered Products:

For custom-made or altered products, only the "Buyback" policies apply.

Note: Buyback terms may vary for specific products or during promotional periods.

Discretion of Rights:

Hassan Jewellers reserves the right to:

• Permit or deny exchanges and buybacks at its discretion.
• Modify these terms and conditions without prior notice.

All disputes are subject to the jurisdiction of the courts in Vaniyambadi.