Purchase Plan

Be a part of the Suvarna Sampada Gold Purchase
Scheme, and reap the benefits of ever-changing gold
prices.

Enjoy the double benefit of gold purchased and also gold as bonus. Customers participating in this scheme will also get the benefit of purchasing gold at an average annual rate.

The duration of this scheme is 12 months. A minimum
installment of Rs.1000 is required for participation.
There’s no upper limit, so you can purchase as much as you
like.

Installments above Rs.1000 will be accepted in the
multiples of Rs.100. What’s more, you may choose to pay monthly installments or opt for a onetime lump sum payment. Another benefit that we provide for your convenience is that you may opt for fixed Easy Monthly Installments (EMI) or flexible EMIs.

You can purchase gold based on the sample provided here. Gold purchased, according to the rate
applicable on the day of buying (including GST), will be deposited in your account with us.

On paying all EMIs of this scheme, participating customers can buy any gold jewellery of their
choice or gold in the form of vedhni. And not just that but Suvarna Sampada gold purchase scheme provides double benefits in the following ways

Plan 1: Monthly purchase Rs.5,000/-

Date
Amount
Rate
(With GST)
Gold
Your
Bonus
01/04/2019
5,000/-
3120.09
1.603
0.00
01/05/2019
5,000/-
3029.98
1.650
32.88
01/06/2019
5,000/-
3110.15
1.608
67.95
01/07/2019
5,000/-
3486.51
1.434
98.63
01/08/2019
5,000/-
3153.24
1.586
135.89
01/09/2019
5,000/-
3514.52
1.423
169.86
01/10/2019
5,000/-
3147.25
1.589
197.26
01/11/2019
5,000/-
3287.89
1.521
237.81
01/12/2019
5,000/-
3245.65
1.541
263.01
01/01/2020
5,000/-
3157.48
1.584
305.75
01/02/2020
5,000/-
3010.37
1.661
339.73
01/03/2020
5,000/-
2998.84
1.667
337.53
01/04/2020
2,594/-
3179.87
0.816
407.67
19.680
2594

FIXED EMI’s

Double benefit of Suvarnasampada Gold Purchase Scheme

 

Total deposited Gold in gms

21.201

Bonus on the purchased gold
at 8% per annum

2594/-

Plan 2: Any amount on any date of the month

Date
Amount
Rate
(With GST)
Gold
Your
Bonus
01/04/2019
2,000/-
3120.09
0.641
0.00
01/05/2019
3,500/-
3029.98
1.155
13.15
01/06/2019
2,700/-
3110.15
0.868
37.37
01/07/2019
2,800/-
3486.51
0.803
53.92
01/08/2019
6,500/-
3153.24
2.061
74.74
01/09/2019
2,200/-
3514.52
0.626
118.90
01/10/2019
5,400/-
3147.25
1.716
129.53
01/11/2019
5,500/-
3287.89
1.673
170.54
01/12/2019
2,000/-
3245.65
0.616
201.21
01/01/2020
2,000/-
3157.48
0.633
221.50
01/02/2020
5,800/-
3010.37
1.927
235.09
01/03/2020
3,500/-
2998.84
1.167
247.93
01/04/2020
1802/-
3179.87
0.567
298.28
14.453
1802.17

FLEXIBLE EMI’s

Double benefit of Suvarnasampada Gold
Purchase Scheme

 

Total deposited Gold
in gms

14.453

Bonus on the purchased gold at 8% per annum

1802.17

Plan 3: One time annual investment

Date
Amount
Rate
(With GST)
Gold
Your
Bonus
01/04/2019
1,00,000/-
3120.09
32.050
0.00
01/04/2020
7,200/-
3179.87
2.516
13.15
34.566
8,000
TDS
800
7,200

ONE TIME

Double benefit of Suvarnasampada Gold Purchase Scheme

 

Total deposited Gold in gms

35.589

Bonus on the purchased gold at 8% per annum

8,000/-

Rules and Conditions for Participating Members

This gold purchase scheme has been brought to you by Krishna Rajaram Ashtekar & Co. It provides the double benefit of gold purchased and also of gold as bonus earned.

A minimum installment of Rs.1000 is necessary. Installments above Rs.1000 are accepted in the multiples of Rs.100.

Payment will be accepted by online transfers through IMPS, ECS
(NACH). For more details please ask at the counter.

Payments will not be accepted by cheque/DD/cash or credit/debit cards.

Gold, worth the purchased amount as per the rate applicable on day of purchase (GST included), would be deposited with us in the participating customer’s account.

This scheme is applicable for 12 months. Participating customers will get the bumper benefit of purchasing gold at the average annual rate.

Customers can participate by paying the entire annual amount at once or by paying monthly instalments (fixed EMIs or variable EMIs).

Customers will receive a bonus at the rate of 8% per annum. Gold
worth that amount minus TDS (GST included) will be added to the
purchased quantity based on the rate applicable on the last day of this scheme.

After having paid the entire amount, under this scheme, participating customers can purchase any gold jewellery or gold in the form of vedhni or diamond and or silver jewellery of their choice.

If the amount of final purchase is more than the total paid amount, the
difference amount has to be paid by the customer. If the amount of purchase is less than the total paid amount, cash will not be refunded.

Participating customers should maintain all the relevant receipts, and
present them at the end of scheme period.

While registering for this scheme, customers must share a photocopy of their pan card and recent ID card (license, passport, Adhaar card, or voter ID card)

Final detailed bill will be provided at the end of scheme period.

If participation is cancelled before scheme period, purchased gold till date, will be returned. Bonus gold will not be added to this quantity.

All rights regarding changes in rules and conditions, and regarding scheme termination are reserved with Krishna Rajaram Ashtekar & Co.

Rules and Conditions for Participating Members

While registering for this scheme, customers must share a photocopy of their pan card and recent ID card (license, passport, Adhaar card, or voter ID card).

Final detailed bill will be provided at the end of scheme period.

If participation is cancelled before scheme period, purchased gold till date, will be returned. Bonus gold will not be added to this quantity.

All rights regarding changes in rules and conditions, and regarding scheme termination are reserved with Krishna Rajaram Ashtekar & Co.

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