Plan Login

Nature of the Plan

All payments made under the Jewellery Savings Scheme ("the Plan") will be treated as advance payments towards the purchase of jewellery or products from SSSKrafts ("the Company"). The amounts paid under the Plan will not earn interest and are not considered deposits or financial investment products. But 1 month will be given as bonus.

1. Eligibility

Individuals 18 years of age or above are eligible to enrol in the Plan. Valid KYC (Know Your Customer) documents must be submitted at the time of enrolment for identity and age verification.

2. Enrolment and KYC

Enrolment in the Plan is subject to completion of mandatory KYC verification, including submission of valid identity proof and address proof (Aadhaar Card, Voter ID, Driving License, or Passport) as required under applicable regulations and Company policies.

The customer must provide their valid bank account details at the time of enrolment.

3. Monthly Instalments

Members are required to pay the agreed monthly instalment for 11 consecutive months and 12th month instalment will be paid as bonus by the company.

4. Gold or Silver Price

Gold or silver price will be freezed on the date of your 11 month instalment payment.

• Instalments should be paid within the respective calendar month otherwise bonus will not be applicable.
• Advance payment of instalments or payment of multiple instalments in a single month is not permitted unless authorized by Company policy.
• If instalments are not paid continuously for more than 2 months, the Plan may be discontinued as per Company policy.
• Instalment denominations: INR 1,000 / 2,500 / 5,000 / 10,000 / 15,000 / 20,000 / 25,000 / 50,000 / 1,00,000 / 2,00,000.

5. Value-Based Savings Credit

Each instalment paid under the Plan will be recorded strictly as a cash value accumulation in Indian Rupees (INR). This is purely a monetary value-based scheme and does not convert or store payments into gold/silver weight or rate equivalent.

6. Cash Payment Limits

Cash payments will be accepted up to INR 15,000 per month per member, in accordance with applicable regulations. Instalments exceeding INR 15,000 must be made through banking channels, and submission of PAN details will be required.

7. Payment Methods

Monthly instalments can be paid through Cash, Debit/Credit Card, UPI, Online Bank Transfer, Cheque, or the official SSSKrafts Website/Mobile App. Members are advised to collect and retain payment receipts for all transactions.

8. Cheque Payments

Cheques should be drawn in favour of "SSSKrafts." The date of cheque realization will be treated as the date of payment. In the event of cheque dishonour, applicable bank charges will be borne by the member.

9. Post-Dated Cheques (PDCs)

Members providing Post-Dated Cheques should ensure that the cheques are dated on or before the 25th day of each respective month.

10. Completion of the Plan and Benefits

Members who successfully complete all 11 monthly instalments will only be eligible for a 100% bonus as the 12th month instalment.

11. Redemption Period

Members may redeem their total accumulated rupee value after completion of 11 months (330 days) from the enrolment date. Redemption should be completed within 360 days from the date of enrolment.

12. Redemption Outlets

Monthly instalments may be paid and products may be purchased online via SSSKrafts or at any official SSSKrafts showroom across India.

13. Product Purchase

At the time of redemption, members may purchase products equivalent to the accumulated rupee value under the Plan. If the selected purchase exceeds the accumulated plan value, the member must pay the balance amount along with applicable making charges and taxes on the excess amount.

14. Applicable Charges and Taxes

Members will be required to pay applicable statutory taxes, levies, and GST at the time of purchase. Additional making or customization charges may apply for specialized items as per Company policy.

15. Eligible Purchases

Under this Plan, members may purchase any items available on SSSKrafts. Cash refunds or cash redemptions are strictly not permitted.

16. Discontinuation by Member

If the customer wishes to discontinue the plan before paying 11 instalments, redemption will be processed only for the actual rupee amount paid without any scheme benefits.

17. Non-Transferability

Membership and benefits under this Plan are strictly personal to the registered member and cannot be transferred or assigned to another person.

18. Nomination Facility

Members may nominate a person at the time of enrolment by submitting the nominee's KYC documents. If redemption is carried out by the nominee, the nominee must submit a No Objection Certificate (NOC) from the registered member along with valid identity proof.

19. Membership Card / Digital ID

Members are requested to present their membership card or digital ID while making instalment payments. The original card or digital confirmation must be submitted at the time of final delivery.

20. Refund Policy

Refunds are not permitted before completion of the Plan period. If redemption is not completed within the stipulated time limit (360 days), the Company may refund the total principal amount paid to the member's registered bank account, subject to Company policy.

21. Account Combination Restrictions

Multiple accounts cannot be combined for cash transactions if the total accumulated advance amount across accounts exceeds INR 1,99,999.

22. Payment Disputes

Any concerns regarding payment receipts or account records must be raised in writing within 7 days of the transaction date. After this period, the Company's account records will be treated as final.

23. Identity Verification at Redemption

For security purposes, identity verification will be conducted at the time of redemption through signature/ID verification and OTP confirmation sent to the registered mobile number.

24. Communication Consent

By enrolling in the Plan, members consent to receive phone calls, SMS messages, WhatsApp updates, or emails regarding payment reminders, updates, and promotional offers from SSSKrafts, even if registered under DND (Do Not Disturb) status.

25. Fraudulent Enrolment

If enrolment is found to be based on false, forged, or fraudulent documents, the Company reserves the right to terminate the membership immediately and initiate appropriate legal proceedings.

26. Scheme Modification or Closure

The Company reserves the right to modify, suspend, or discontinue the Plan due to regulatory changes or operational requirements. In such cases, members will be allowed to purchase products equivalent to their total paid monetary value up to the date of closure. NO ENCASHMENT WILL BE GIVEN.

27. No Verbal Commitments

Any verbal commitment or promise made by employees, agents, or third parties that deviates from these written terms will not be binding on the Company.

28. Benefit Combination Restriction

This Savings Scheme is exclusive and cannot be combined or clubbed with any other ongoing or future promotional offers, coupons, or discount of SSSKrafts.

29. Acceptance of Terms

By signing the enrolment form or making the first instalment payment, the member confirms that they have read, understood, and agreed to all these Terms & Conditions.

30. Governing Law and Jurisdiction

This Plan is governed by the laws of India, and any disputes arising out of or relating to the Plan shall fall under the exclusive jurisdiction of the competent local courts where the registered office of SSSKrafts is located.

Nature of the Plan

All payments made under the Jewellery Savings Scheme ("the Plan") will be treated as advance payments towards the purchase of jewellery or products from SSSKrafts ("the Company"). The amounts paid under the Plan will not earn interest and are not considered deposits or financial investment products. But 1 month will be given as bonus.

1. Eligibility

Individuals 18 years of age or above are eligible to enrol in the Plan. Valid KYC (Know Your Customer) documents must be submitted at the time of enrolment for identity and age verification.

2. Enrolment and KYC

Enrolment in the Plan is subject to completion of mandatory KYC verification, including submission of valid identity proof and address proof (Aadhaar Card, Voter ID, Driving License, or Passport) as required under applicable regulations and Company policies.

The customer must provide their valid bank account details at the time of enrolment.

3. Monthly Instalments

Members are required to pay the agreed monthly instalment for 11 consecutive months and 12th month instalment will be paid as bonus by the company.

4. Gold or Silver Price

Gold or silver price will be freezed on the date of your 11 month instalment payment.

• Instalments should be paid within the respective calendar month otherwise bonus will not be applicable.
• Advance payment of instalments or payment of multiple instalments in a single month is not permitted unless authorized by Company policy.
• If instalments are not paid continuously for more than 2 months, the Plan may be discontinued as per Company policy.
• Instalment denominations: INR 1,000 / 2,500 / 5,000 / 10,000 / 15,000 / 20,000 / 25,000 / 50,000 / 1,00,000 / 2,00,000.

5. Value-Based Savings Credit

Each instalment paid under the Plan will be recorded strictly as a cash value accumulation in Indian Rupees (INR). This is purely a monetary value-based scheme and does not convert or store payments into gold/silver weight or rate equivalent.

6. Cash Payment Limits

Cash payments will be accepted up to INR 15,000 per month per member, in accordance with applicable regulations. Instalments exceeding INR 15,000 must be made through banking channels, and submission of PAN details will be required.

7. Payment Methods

Monthly instalments can be paid through Cash, Debit/Credit Card, UPI, Online Bank Transfer, Cheque, or the official SSSKrafts Website/Mobile App. Members are advised to collect and retain payment receipts for all transactions.

8. Cheque Payments

Cheques should be drawn in favour of "SSSKrafts." The date of cheque realization will be treated as the date of payment. In the event of cheque dishonour, applicable bank charges will be borne by the member.

9. Post-Dated Cheques (PDCs)

Members providing Post-Dated Cheques should ensure that the cheques are dated on or before the 25th day of each respective month.

10. Completion of the Plan and Benefits

Members who successfully complete all 11 monthly instalments will only be eligible for a 100% bonus as the 12th month instalment.

11. Redemption Period

Members may redeem their total accumulated rupee value after completion of 11 months (330 days) from the enrolment date. Redemption should be completed within 360 days from the date of enrolment.

12. Redemption Outlets

Monthly instalments may be paid and products may be purchased online via SSSKrafts or at any official SSSKrafts showroom across India.

13. Product Purchase

At the time of redemption, members may purchase products equivalent to the accumulated rupee value under the Plan. If the selected purchase exceeds the accumulated plan value, the member must pay the balance amount along with applicable making charges and taxes on the excess amount.

14. Applicable Charges and Taxes

Members will be required to pay applicable statutory taxes, levies, and GST at the time of purchase. Additional making or customization charges may apply for specialized items as per Company policy.

15. Eligible Purchases

Under this Plan, members may purchase any items available on SSSKrafts. Cash refunds or cash redemptions are strictly not permitted.

16. Discontinuation by Member

If the customer wishes to discontinue the plan before paying 11 instalments, redemption will be processed only for the actual rupee amount paid without any scheme benefits.

17. Non-Transferability

Membership and benefits under this Plan are strictly personal to the registered member and cannot be transferred or assigned to another person.

18. Nomination Facility

Members may nominate a person at the time of enrolment by submitting the nominee's KYC documents. If redemption is carried out by the nominee, the nominee must submit a No Objection Certificate (NOC) from the registered member along with valid identity proof.

19. Membership Card / Digital ID

Members are requested to present their membership card or digital ID while making instalment payments. The original card or digital confirmation must be submitted at the time of final delivery.

20. Refund Policy

Refunds are not permitted before completion of the Plan period. If redemption is not completed within the stipulated time limit (360 days), the Company may refund the total principal amount paid to the member's registered bank account, subject to Company policy.

21. Account Combination Restrictions

Multiple accounts cannot be combined for cash transactions if the total accumulated advance amount across accounts exceeds INR 1,99,999.

22. Payment Disputes

Any concerns regarding payment receipts or account records must be raised in writing within 7 days of the transaction date. After this period, the Company's account records will be treated as final.

23. Identity Verification at Redemption

For security purposes, identity verification will be conducted at the time of redemption through signature/ID verification and OTP confirmation sent to the registered mobile number.

24. Communication Consent

By enrolling in the Plan, members consent to receive phone calls, SMS messages, WhatsApp updates, or emails regarding payment reminders, updates, and promotional offers from SSSKrafts, even if registered under DND (Do Not Disturb) status.

25. Fraudulent Enrolment

If enrolment is found to be based on false, forged, or fraudulent documents, the Company reserves the right to terminate the membership immediately and initiate appropriate legal proceedings.

26. Scheme Modification or Closure

The Company reserves the right to modify, suspend, or discontinue the Plan due to regulatory changes or operational requirements. In such cases, members will be allowed to purchase products equivalent to their total paid monetary value up to the date of closure. NO ENCASHMENT WILL BE GIVEN.

27. No Verbal Commitments

Any verbal commitment or promise made by employees, agents, or third parties that deviates from these written terms will not be binding on the Company.

28. Benefit Combination Restriction

This Savings Scheme is exclusive and cannot be combined or clubbed with any other ongoing or future promotional offers, coupons, or discount of SSSKrafts.

29. Acceptance of Terms

By signing the enrolment form or making the first instalment payment, the member confirms that they have read, understood, and agreed to all these Terms & Conditions.

30. Governing Law and Jurisdiction

This Plan is governed by the laws of India, and any disputes arising out of or relating to the Plan shall fall under the exclusive jurisdiction of the competent local courts where the registered office of SSSKrafts is located.