1. Gold Savings
Members can purchase gold starting from ₹49 with flexible SIP plans.
2. Lock-in Period
Redemption allowed only after 12 months.
3. Jewellery Redemption
Gold is redeemable only as jewellery.
4. Wastage & Making Charges Rule
Applies only on saved gold
Extra gold --> charges applicable
Example:
5 gm saved + 6 gm jewellery
1 gm charged with making + wastage
5. GST Rule
5% GST applicable on jewellery withdrawal
6. Death / Accident Claim
Nominee must submit death certificate
After verification --> savings + ₹10,000 benefit provided
7. Processing Time
All claims and redemption requests require verification.
8. Risk Disclaimer
This platform is a gold savings service, not an investment product.
Gold value may change based on market conditions.
9. Final Authority
Company decision is final in all cases.