Scheme Terms

1. Monthly scheme amount options are ₹500, ₹1,000, ₹1,500, ₹2,000, ₹2,500, ₹3,000, ₹5,000, ₹7,000 and ₹10,000.
2. The customer pays for 11 months.
3. The amount will be credited as cash for the cash booking scheme.
4. After completing 11 months, the customer can purchase silver jewellery in the 12th month against the accumulated cash amount. Silver rate will be fixed at the time of scheme closing.
5. The customer has to pay 3% GST on the billing amount.
6. The customer can purchase jewellery against accumulated cash without making charge and wastage, subject to scheme rules. GST should be borne by the customer.
7. Cash will not be refunded. If the customer discontinues, he/she can purchase jewellery only for the value of the amount paid.
8. If the customer discontinues before 11 months, wastage and making charge will apply. No offer will be given.
9. If the customer purchases more jewellery than the accumulated value, he/she has to pay wastage and making charges for the extra weight/value.
10. Customer cannot pay two times in a single month.
11. If a customer skips one month payment, it cannot be added and paid in the next consecutive month.
12. VSP Velli Maaligai has all rights to change the scheme.
13. All disputes are subject to Pudukottai jurisdiction.