Thank you for shopping at Bookmygoldcoin website. we Invite you to join our schemes – the easy way to buy jewellery and coins of you own choice.
TERMS AND CONDITIONS
 
1. The Systematic Investment Plan Offered by Bookmygoldcoin company facilities customer to purchase the gold jewellery by making payments for the same over the period of time (3 months, 11 months or daily). The systematic purchase advance instalments amount is fixed on joining the arrangement and must be paid in mentioned time period on specific scheme. The customer will be offered with some discounts subject to this terms and conditions.
2. Under this plan, the customer has to pay a certain fixed amount, where the amount will be varied according to the scheme it may be of (5,000 to 10,000) as per the choice of the customers.
3. The customer only enters into an understanding for purchasing of jewellery and by payment of instalment for the agreed term customer does not pay amounts in the nature of deposit/loan.
4. During the course 3 months, 11 months or daily, the customer has to pay one instalment every month or every day according to the scheme, more than 1 payment in a single month will not be accepted.
5. Customer will have to make the payment of the instalment on the Due Date. For the purpose of this Plan, the Due Date shall be same date as the Enrolment Date for the subsequent months. However, the Customer shall be provided with a grace period of 7 Seven) days in a month for payment of the instalment.
6. In the event the Customer fails to pay the instalment within the grace period, the proportionate discount as offered herein shall be reduced. The Plan will mature after the Enrolment Date and the Customers will be eligible to redeem by purchase of jewellery.
7. For the purpose of this Plan, the date of payment of first instalment shall be deemed as the Enrolment Date. The Customer is mandatorily required to redeem his/her account before the completion of the Enrolment Date. The Customers would be eligible for a discount of one montir's instalment upon redemption, after the completion of the Enrolment Date subject to the Customers having made the payment of all monthly instalments.  
8. A subscriber can join in the arrangement after carefully reading, understanding and agreeing to its terms and conditions and submitting the fully filled in and signed application. Along with the application, first instalment the purchase advance amount opted and photo ID of the subscriber is to be submitted including pan card.
9. On joining in this arrangement, customers ID is to be issued to the customer and jewellery is to be purchased only in the name of the customer who joined in the arrangement and instalment amount paid or any other benefit offered is not transferable.
10. However, you can appoint a nominee for availing the benefits under this arrangement, who should not be a minor and he/she should furnish his/her ID and PAN in appropriate cases. A minor cannot join in this arrangement. Only Indian citizens who have attained the age of majority and are competent to contract shall be eligible under this arrangement. The period for which the arrangement will run should be fixed on entering in to the arrangement and the maximum term is 365 days (period of the arrangement).
11. In this jewellery purchase arrangement, the instalment amount cannot be postponed. It cannot be adjusted towards a different arrangement with the supplier and also the purchase advance paid amount cannot be claimed in cash under any circumstances. No partial withdrawal from the installment amounts remitted is allowed.
12. The Installment towards the purchase advance amount can be paid in cash in the shop only if the total installment amount is fixed by the scheme, Subscribers account details are to be shown on the reverse of the pay in cash. The subscriber will get credit for the cheque/DD/online payment amount only on realization of the amount in the bank account of the company.
13. Our website shall not be responsible for any payment failure and money being debited from the customer's account. Customers are requested to check with their banks or other services providers for such payment failures. All bank charges/payment gateway charges for collection are shall be borne by the Customer.
14. In this purchase arrangement, remittance of monthly installments will be accepted in advance, but in spite of such advance payment, the arrangement will not be matured before the due date and no special benefit/discount will be given against such advance payments.
15. The subscriber is permitted to remit, maximum two default installments during the whole period of the arrangement. At the same time maximum two installments only will be accepted in a month. All payments will first be adjusted towards default instalment if any. Installment payments will be blocked on the date of maturity of the arrangement term as printed on the passbook and there after no installment amount can be accepted in any mode.
16. Under this arrangement Gold Coin/Bar cannot be purchased in any circumstances. This advance arrangement cannot be redeemed against any other advance booking and/or customer orders.
17. The term of the arrangement is to be fixed on entering into the understanding and the maximum term is 12 months. The subscriber is entitled to redeem the accumulated purchase advance amount and to adjust it towards his purchase amount of jewellery on expiry of 335 days from the date of entering into the understanding at the gold rate including VA prevalling on the date of purchase Gold rate applied on purchases of jewellery shall be the rate announced by the Jewellery Merchant's Association and applicable at the time of actual purchase of jewellery by the subscriber.
18. The subscriber, after remitting the entire instalment amount of the purchase advance on time, will be eligible for special discounts (One Instalment Amount), as shown in the brochure. If the subscriber pays 11 instalments or 10 instalments within the maturity period, their discount eligibility will be restricted to 80% and 50% of the maximum discount, respectively.
19. Periodical instalment payments are only towards the value of Jewellery, and jewellery sale takes place only on termination of the period of understanding and on accepting the delivery of the jewellery by the subscriber, upon which the subscriber will be liable to pay the applicable commercial tax liability.
20. On maturity of the purchase arrangement as shown in the passbook, the subscriber shall purchase gold jewellery with in a period of 10 days from the maturity date. Even If the subscriber did not turn up for the purchase of jewellery as above, the company will be ready with the jewellery to be delivered to the subscriber as per the arrangement and for the violation of the provisions of the applicable Act/Rules, the subscriber alone will be responsible.
21. On such delayed purchase, if any, he will not be eligible for any benefits of this arrangement. If within the due date above shown, the subscriber is not turned up for purchase of the jewellery, whatever amount remaining in the account of the subscriber with the company, will be treated as security for the subscriber purchasing jewellery from the company as agreed upon by the subscriber, on joining the jewellery purchase arrangement of the company
22. In case of premature closure of the arrangement, the subscriber is to pay an amount of (Rs...) towards the cost of the complementary business promotional items if any, issued free of cost on entering into the arrangement and only balance purchase advance remitted if any, will be adjusted towards the invoice value of the jewellery purchased. In this case, the subscriber will not be eligible for any benefits offered on entering into the understanding.
23. All relevant taxes, statutory provisions and making charge (VA) etc. are applicable to this arrangement, on purchase of jewellery as well as for other benefits offered and the subscriber is to pay/comply with all such statutory provisions
24. Under this arrangement the customer can purchase gold ornaments from our store. Benefits offered on purchase of jewellery through this arrangement will not be available for purchase for more than the amount accumulated in your account. under this arrangement. So also, other special/general offers announced by the company to its general customers from time to time will not be available on jewellery purchase under this arrangement.
25. The Company has the sole discretion to alter, amend, modify the terms of this arrangement and/or to discontinue it, without issuing any prior intimation. In case of loss of misplacement of original passbook, a duplicate may be issued against the written request in the prescribed format made by the original subscriber within a period of 15 days from the date of receipt of the request and such duplicate passbook will be issued only for the purpose of the closure of the account.
 
 
 
# This scheme is every three months one-time payment is allowed.
# Choose Your Gold saving scheme.
# Fill your details with KYC and your ID proof with Photo copies
# Cash is not refundable. Any gold coin or gold ornament can be purchased.
# If there is delay in payment for 90 days, your scheme will not be continued after that, you can purchase any item which you have paid before 90 days, you need to bare the extra charges. cash will not be returned.
# book my gold coin company is deciding to daily gold rate