Savings Scheme

Average Rate Savings Scheme

  • Every installment must be equal and paid continously for 11 months. The scheme cannot be extended beyond 11 months.
  • There will be 50% wastage on jewellery in this scheme. (not applicable for jewellery with diamond, precious stones, kundan, Polki, chakri, 18k jewellery, and silver articles / vessels).
  • The value of gold jewellery will be at Average Gold Rate.
  • The payments must be made before 7th of every month. In case of default of payment for two consecutive months, the benefits of this scheme will not be applicable.
  • Customer who choose to discontinue will not be eligible for any benefits but can buy jewellery with wastage.
  • Customer can purchase jewellery after 15 days from the date of last installment.
  • Once completed 11 months, the customer should take delivery within one year from the date of first installment. If not taken, the benefit will not be eligible to the customer.
  • No discrepancy in the proof or signature is admitted. The customer's signature will be verified at the time of delivery.
  • There will be no cash refund under any circumstances.
  • GST and any other government charges and taxes at the time of delivery wiil be borne by the customer.
  • Company reserves the right to modify its terms and conditions at any time.
  • Payments above 17,000/- will be accepted only through debit & credit cards, cheque or demand draft in favour of LKS GOLD HOUSE PVT LTD.
  • Monthly payments can be paid by Cash, Card, Cheque & Demand Draft or through our website www.tnagarlks.com or on our app LKS SAVINGS SCHEME.
  • Customers must bring their passbook at the time of purchase of jewellery.
  • Duplicate Card will not be issued.
  • All disputes are subject to the jurisdiction of the court in chennai.
  • E. & O.E.

Delivery Rate Savings Scheme

  • Every installment must be equal and paid continously for 11 months. The scheme cannot be extended beyond the 11 month.
  • There will be no wastage on jewellery in this scheme. (except for exclusive jewellery which has a wastage of 18% & above. Any items above 18% the difference will be paid by the customer. Ex. If an item is priced at 21% the difference of 3% will be paid by the customer) limited to the accrued amount.
  • The value of gold jewellery will be the prevailing market rate at the time of delivery.
  • Installments should paid every month without any break. Incase of default in installments, we will accept two months installments at a time.
  • Customer who choose to discontinue will not be eligible for any benefit but can buy jewellery with va.
  • Customer can purchase jewellery without va after 15 days from the date of last installments.
  • Once completed 11 months, the customer should take delivery within one year from the date of first installment. If not taken, the benefit will not be eligible to the customer.
  • No discrepancy in the proof or signature is admitted. The customer's signature will be verified at the time of delivery.
  • There will be no cash refund under any circumstances.
  • . Gst and any other government charges and taxes at the time of delivery wiil be borne by the customer.
  • Company reserves the right to modify its terms and conditions at any time.
  • Payments above 17,000/- will be accepted only through debit & credit cards, cheque or demand draft in favour of LKS GOLD HOUSE PVT LTD.
  • Monthly payments can be paid by Cash, Card, Cheque & Demand Draft or through our website www.tnagarlks.com or on our app LKS SAVINGS SCHEME.
  • Customers must bring their passbook at the time of purchase of jewellery.
  • Duplicate Card will not be issued.
  • All disputes are subject to the jurisdiction of the court in chennai
  • E. & O.E.