SMART BUY PLAN
SAVE NOW AND BUY GOLD JEWELLERY/ARTICLES
Buy what your Heart desires with our Smart Buy Plan. Choose from a wide range of Gold Jewellery. Enroll today and buy in 15 months from the date of Enrollment.
Gold Jewellery
upto 16% OFF on V.A
Diamond Jewellery
100% Off on MC
Choose Your Plan
Our pricing slab starts from Rs. 1000. Select a monthly advance payment amount that works best for you.
Entry level plan for small jewelry purchases
Perfect for premium jewelry sets
Ideal for exclusive collections
Monthly Payment Breakdown (₹5,000 Plan)
Final Benefit Example
With ₹75,000 accumulated value and 18K750 gold rate at ₹7,900 per gram, you'll be eligible for 9.490 grams of gold jewelry with no wastage (VA) benefit up to 16%
*Government taxes and other levies applicable at the time of purchase
How It Works
Enroll
Start by filling in a simple form and join the Smart buy Plan.
Select Amount
On enrollment, select a monthly advance payment amount most preferred by you.
Track & Buy
A Customer Receipt Book will be provided to keep track of all your payments.
Complete Benefits Breakdown
Gold Jewellery: You can buy the jewellery of your choice with no wastage (VA) up to 16%. The No wastage (VA) up to 16% is limited to gold weight applicable for the accumulated value.
Gold Coins: Yes, you can purchase gold coins without wastage (VA) and making charges.
Great Benefits
Frequently Asked Questions (FAQ)
How to make the monthly advance payment?
Advance payment should reach Hassan Jewellers before the 14th of every month. Payment can be made by Cash or any of the online payment mode. (Bank charges to be borne by customers)*
What if I want to discontinue in between?
If you choose to discontinue within 10 months of enrollment you will not be eligible for any benefit/discount on wastage (VA) and can only redeem to extent of accumulated value under the plan by paying 100% wastage (VA). However, If the customer discontinues on 11th or 12th month of enrollment, they will be entitled to 60% discount on the wastage (VA), and for discontinuation during 13th and 14th month, they will be entitled to 80% discount on the wastage (VA), limited to the gold weight applicable for the accumulated value under the plan. The customer will pay the balance wastage (VA) if any.
What if I don't pay continuously?
The advance payment cannot be extended beyond the 15 month period. The plan will be discontinued as per terms mentioned below in the event of any default in the monthly advance payments. Hence it is essential that you pay the advance payments continuously without fail. In the event of defaulting an advance payment during the tenure, the plan will be discontinued automatically from that month, and you will not be entitled for 'No Wastage (VA)' as per terms mentioned.
What if I buy jewellery exceeding my advance payment?
Wastage (VA) will be charged on the excess amount. For instance, if you choose Rs.5,000 as your monthly advance payment and the accumulated value is Rs.75,000. If the selected jewelry is 1,25,000, you are eligible for No wastage (VA) up to 16% on Rs.75,000 only and wastage (VA) as applicable will be payable on the balance amount of Rs.50,000.
Will the advance amount be refunded?
The advance amount accumulated will not be refunded under any circumstances, as per Government regulations.
Can I buy diamond jewellery?
Yes, you can buy diamond. On completion, you'll be eligible for a discount of up to 100% off on Making charges on diamond jewellery*.
Can I buy silver jewellery?
No, Silver Jewellery cannot be bought in this Plan.
Can I make all the monthly payments in advance?
The monthly payments cannot be carried over, or paid in advance.
Can I pay the monthly advance payment through online payment?
Yes, you can pay the monthly advance payment through any of the Online payment mode, However the bank charges if any is to be borne by customers.
Can I buy Gold Coins?
Yes, you can purchase gold coins without wastage (VA) and making charges.
Is the monthly advance amount fixed or Variable?
The monthly advance payment amount is fixed.
Terms & Conditions
The monthly advance against purchase of jewellery must be equal and paid continuously for fifteen month, the advance payments cannot be extended beyond 15 months and is not transferable under any circumstances.
On completion of 15 months from the date of enrolment, the customer will be eligible to purchase gold jewellery with no wastage or making charges (VA) up to 16% under Smart Buy Plan including Gold coin limited to gold weight applicable for the accumulated value. However, if the Customer wishes to purchase diamond jewellery, silver article or silver jewellery, the customer will be eligible for the benefit as listed in the FAQ.
The monthly advance against purchase of jewellery must be paid within 14th of every month. The advance amount will not be eligible for any interest.
Customer who choose to discontinue within 10 months of enrollment will not be eligible for any benefit/discount on wastage (VA) and can only redeem to extent of accumulated value under the plan by paying 100% wastage (VA).
If the customer discontinues on 11th or 12th month of enrollment, they will be entitled to 60% discount on the wastage (VA), and for discontinuation during 13th or 14th month, they will be entitled to 80% discount on the wastage (VA), limited to the gold weight applicable for the accumulated value under the plan. The customer will pay the balance wastage (VA) if any.
In case of loss of customer receipt book, the customer should inform the company immediately and apply for new customer receipt book with KYC details.
The customer must appoint a nominee along with submission of KYC details for both Self and the nominee. Guardian will sign and will also be the nominee in case of minors.
Payments of monthly advance against purchase of jewellery beyond the stipulated period or payment for more than one month will not be allowed.
The advance against purchase of jewellery is unique and will not be linked to any other existing or prevailing schemes/offers.
Balance advance amount, if any, will not be refunded in cash and can only be adjusted on purchase of Gold/Silver coins.
The customer will be eligible for No wastage (VA) up to 16% on purchase only after they have paid all the advance payments continuously. The customer will not be able to continue in the event of default in the monthly advance payments. Hence, it is required that the customer pays the advance payments continuously without fail.
Any bank charges to be borne by the customer only.
GST & any other government levies at the time of delivery will be borne by the customer.
The customer signature will be verified at the time of delivery.
Company at its sole discretion can alter, amend, modify, add or delete any of the terms and condition from time to time.
All disputes are subject to the Vaniyambadi jurisdiction only.
Ready to Start Your Smart Buy Plan?
Call Us
+91 9787812341
Email Us
hassanjewellers.office@gmail.com
Visit Us
Vaniyambadi, Tamil Nadu