Thangamagal Gold Scheme in Madurai at KS Jewells
The Thangamagal Gold Scheme in Madurai is a convenient savings plan designed for customers who wish to purchase gold jewellery through easy monthly contributions. This scheme allows individuals to save a fixed amount regularly and gradually build value for future jewellery purchases.
At KS Jewells, our Thangamagal Gold Scheme in Madurai offers flexible savings options and attractive benefits, helping customers turn their monthly savings into beautiful gold jewellery. With trusted service and transparent terms, the scheme provides a simple and reliable way to plan your gold purchases.
Best Thangamagal Gold Scheme in Madurai for Easy Savings
Introduction
The Thangamagal Gold Savings Scheme by Kalaiselvi Jewells is a structured and customer-friendly gold saving plan designed to help individuals accumulate gold through disciplined monthly contributions. This scheme combines systematic savings with attractive purchase benefits, making it an ideal option for customers planning future jewellery purchases.
Key Features
Age Eligibility
Open to individuals aged 18 years and above, ensuring responsible participation in the scheme.
Flexible Saving Options
Customers can begin saving with a minimum of Rs. 1000 and continue in multiples of Rs. 500, offering flexibility based on individual financial comfort.
Monthly Installments
The scheme requires 11 monthly installments, making it convenient and manageable for a wide range of customers.
Scheme Maturity
The scheme matures on the 330th day from the date of joining, with a 35-day redemption window after maturity to utilize the benefits.
Gold Price Conversion
Installments are accumulated as monetary contributions, and the equivalent 22 karat gold value can be availed at the prevailing gold rate on the day of redemption.
Benefits
Discount on Making Charges
Members can avail a 75 percent discount on wastage and making charges for gold jewellery and a 60 percent discount on selected diamond-studded gold jewellery collections.
Silver Jewellery Benefit
Customers enjoy a 100 percent discount on wastage and making charges for regular silver items.
Flexible Jewellery Selection
Upon maturity, customers may choose from a wide range of gold, diamond, and silver jewellery available at Kalaiselvi Jewells showrooms.
Digital Convenience
Installments can be paid directly at our showroom or through our digital payment facilities, ensuring ease and accessibility.
Secure and Paperless Process
The scheme is managed digitally, and no physical passbook is required. At the time of redemption, customers submit a request form along with an OTP sent to their registered mobile number.
Important Considerations
Scheme Redemption
Jewellery equivalent to the accumulated value must be selected within 35 days after maturity to avail the scheme benefits.
Non-Refundable Policy
Installments paid under this scheme cannot be refunded. The accumulated amount must be redeemed in the form of gold, diamond, or silver jewellery.
GST and Additional Charges
Customers are responsible for paying GST and any additional applicable charges, such as hallmarking fees, at the time of jewellery purchase.
Start Your Thangamagal Gold Scheme in Madurai Today
What is the Thangamagal Scheme?
- The Thangamagal Scheme is a gold saving plan designed to help individuals save towards purchasing gold jewelry by making monthly installments. Upon completion of the scheme, customers can buy gold at the prevailing rate of the maturity day with added benefits.
Who is eligible to join the Thangamagal Scheme?
- Any individual who is 18 years old or above can join the Thangamagal Scheme.
How can I start saving in the Thangamagal Scheme?
- You can start saving by choosing an initial amount starting from Rs. 1000 and in multiples of Rs. 500. This amount needs to be paid in 11 monthly installments.
When does the scheme mature, and what happens upon maturity?
- The scheme matures on the 330th day from the date of joining. You must redeem your savings within 35 days from the date of maturity, which can be used to purchase gold jewelry at the prevailing 22 karat gold price of that day.
What benefits does the Thangamagal Scheme offer?
- The scheme offers a 75% discount on wastage and making charges for gold jewelry, a 60% discount for JewelOne and diamond-studded jewelry, and a 100% discount on wastage and making charges for silver regular items.
Can I choose any jewelry with the amount I have saved?
- Yes, you can select gold, diamond jewelry, and silver items available in Thangamayil branches. However, items falling under the maximum retail price (MRP) will not receive the scheme’s benefits.
What happens if I cannot continue with the scheme?
- If you decide not to continue after 90 days from joining, you can obtain gold jewelry equivalent to the accumulated amount paid, without the benefits of the scheme. The scheme cannot be terminated before this period.
Are there any conditions for obtaining the minimum benefits of the scheme?
- Yes, you must have surpassed 11 months (330 days) from the date of joining and have made at least 6 installment payments to obtain the minimum benefits on a percentage basis.