Prince Jewel Plus
This is a gold purchase advance scheme offered by Prince Jewellery. The scheme helps customers save in affordable installments every month and use the money to buy gold in the future. This scheme is very beneficial for those who wish to purchase gold jewellery for important life events such as their daughter’s marriage and even for people who wish to invest in gold.
- Customers are required to make 11 monthly payments.
- The minimum amount required is Rs.1,000 and in multiples of Rs.500 thereafter.
- Prince Jewellery has a strict policy that the 11 months advance payments must be completed within 11 months from the date of the initial payment.
- The benefit of this scheme is that there will be no additional charges while purchasing the jewellery.
Customers can choose jewellery from the following categories at no extra charges. Certain design codes will bear additional charges as listed below:
- Uncut Diamonds
- Ethnic and Vintage jewellery
- Pooja items
- Other Special items.
Modes of Payment
Payment must be made before the 10th of each month.
The different modes of payment are listed below:
- Payments can be made in cash at any Prince Jewellery showroom.
- Demand draft and local cheques are accepted on all days of the week.
- Debit card and Credit card
- Electronic Clearing Services
- Post dated cheques made in favour of Prince Gold and Diamonds India Private Limited
- Online payment via NEFT or Internet Banking.
- The first monthly payment amount chosen will remain the same till the end of the plan.
- To close the account you can visit any Prince Jewellery showroom.
- In case of any default, the plan will be discontinued as mentioned in the terms and conditions. The customer will not be eligible for the benefit of “No Additional Charges”.
- Customers will have to bear VAT and any other Government charges at the time of redemption.
- In case the customer selects jewellery of value higher than what has been accumulated in the plan, then the customer will have to pay the remainder, and additional charges will be applicable on the remainder amount. The No Additional Charges will be applicable only on the amount accumulated in the plan.
- Cash refunds are not allowed.
The value of gold has been rising over the years. The Prince Jewel Plus is a smart plan to invest in now to purchase the jewellery you desire.
Also Know About the other Gold Schemes by Banks
|Andhra Bank Gold Schemes||Axis Bank Gold Schemes||HDFC Gold Schemes|
|ICICI Gold Schemes||IDBI Bank Gold Schemes||Indian Bank Gold Schemes|
|PNB Gold Schemes||SBI Gold Schemes|