‘Swarnajog’ is our monthly jewellery purchase scheme wherein the customer, pays a fixed amount of money every month for 11 months and after one month of the 11th monthly installment, the scheme will mature, enabling the customer to buy jewellery from us and enjoy a discount equal to one monthly installment on making charges. Please note, that, the redemption must take place before 365 days from the date of opening the scheme.

This offer is open to individuals only. To become eligible, the customer will have to fill up an application form enclosing one of his/her photograph and must provide a Xerox of an identity and address proof.

Minimum monthly deposit is Rs.1000/- subject to a maximum of Rs.25000/-. The amount of monthly deposit is unchangeable during the tenure of the scheme.

Amount of monthly installment will be converted into equivalent gold which will be calculated at the prevailing gold rate as on the day of deposit. At the time of redemption, customer will have to purchase jewellery amounting to at least equal or more than his/her accumulated gold.

At the time of joining the scheme, a deposit book will be provided to each customer, which he/she will have to submit at the time of redemption of the scheme. Redemption will only be made in favour of the customer whose name is written on the deposit book and he/she has to be present physically at the time of redemption.

Payments can be made in any mode i.e. cash, Credit or Debit Card, ECS, A/C Payee cheque or Pay order. A/c Payee cheque or Pay order are subject to realisation and a dishonored such instrument will attract a penalty of Rs.500/-. Outstation cheques will not be accepted.

Date on which customer’s first monthly payment is made will be the due date of every month. Monthly payment should reach to us not later than this due date. However 7 days can be permitted as grace period.

H. K. Dutta & Co. Pvt. Ltd. is not liable to inform the member about the bounced cheques, if any, and default thereof, and, it is the sole responsibility of the member to ensure that the monthly payments are received within due date.

Member must place an order for the purchase of jewellery under ‘Swarnajog’ at least one month prior to the date of redemption of the scheme.

PAN is mandatory, if purchase value of jewellery exceeds Rs.200000/-.

Redemption (with discount there on) will not be allowed before indicated maturity date. If the member wishes to prepay all the installments, he/she will be eligible for discount only on the maturity date, as mentioned in their passbook.

Gold Bars/Coins cannot be purchased under this scheme.

Customer who enrolls his/her name in our ‘Swarnajog’ scheme will hereinafter be referred to as the 'Member’ of the scheme.

If a member wants to wind up before the scheme’s maturity may apply for termination in writing to the manager stating relevant reasons. In such case, member will be allowed to purchase jewellery amounting to at least equal or more than his/her accumulated gold as on the day of winding up the scheme but no discount can be given in such premature closure of the scheme.

Whatever be the reason, under no circumstances cash refund can be made under this scheme.

‘Swarnajog’ scheme cannot be redeemed during any festive offer viz. Dhanteras, Poila Baisakh, Puja offer etc. despite the maturity date falls during this period.

No other offer will be clubbed with this scheme. For non-payment within the due date, member will be regarded as defaulter. For one month default, amount of total discount will be less by 10% and that of two month will be 20%. Please note that, no discount will be given to a member who is total three month defaulter in this scheme. However, this condition is not applicable on ECS mode of payment.

The authority reserves the right to alter, amend, add or delete any part or whole of the privileges of the scheme and also to suspend the scheme without prior notice.

For the loss of passbook, member should inform us and request for a new one in writing addressing the manager.

Being informed about sudden unfortunate demise of a member, authority will deactivate the scheme Instantly and in such case, his / her nominee can buy jewellery equal or more than member’s accumulated Gold till termination.

All disputes are subject to Kolkata Jurisdiction.