Future Plus Gold Jewelry Scheme Rules and Conditions

• To join the scheme, the customer must have completed 18 years of age.
• This is a one-time payment scheme. Customers can choose their desired amount starting from Rs. 15,000/- and make the payment to join.
• On the day of joining the scheme, the equivalent gold weight for the paid amount will be credited to your account based on the prevailing 22 karat gold price.
• The scheme matures exactly on the 330th day from the date of joining, and the scheme must be redeemed within 35 days from the date of maturity.
• As a benefit of the scheme, customers can avail gold jewelry equivalent to the credited 22 gold weight with a 75% discount on wastage and making charges.
• Under this scheme, if customers choose JewelOne gold jewelry and gold jewelry studded with diamonds equivalent to the credited 22 karat gold weight, they can avail it with a 60% discount on the wastage and making charges.
• If customers opt for silver items equivalent to the credited 22 karat gold weight under this scheme, they can avail them with a 100% discount on the making charges.
• When selecting silver premium and antique jewelry under this scheme, no discount on wastage and making charges will be provided. Furthermore, if items falling under the maximum retail price (MRP) are chosen, no benefits of the scheme will apply, and the paid amount will be directly adjusted without any benefits.
• To avail the benefits of the scheme, products must be purchased on the maturity date or within 35 days thereafter.
• Apart from the scheme benefits, the wastage and making charges which are suppose to be paid by the customer will be calculated at the current price.
• As the gold weight equivalent to the paid amount is credited as 22 karat gold on the day of joining the scheme, any change in the accumulated weight due to gold price fluctuations will not be accepted.
• Neither the management nor the employees will be responsible for any fluctuations in gold prices.
• If a customer decides not to continue with the scheme, after 90 days from the date of joining, they can obtain gold jewelry equivalent to the accumulated gold weight with making charge and wastage, without any benefits of the scheme (Minimum lock-in period 90 days). The scheme cannot be terminated before this period.
• If the customer opts out before the maturity date, any gifts provided will be deducted from the value of the gifts.
• Customers can only avail gold, diamond jewelry, and silver items available in branches under this scheme, and cannot order them.
• Under no circumstances can the amount paid be refunded; it can only be availed as gold, diamond jewelry, or silver items.
• When availing products, customers must pay the Goods and Services Tax (GST) as imposed by the government.
• Customers must accept any stones, hallmarking, and other charges imposed on the selected products under this scheme.
• Customer can redeem the scheme in Thangamayil Jewellery's branches spread across Tamilnadu, by submitting the concerned redemption request form along with an Identity Card and Government issued aadhaar Card.
• The right to receive products is granted only to the person in whose name the scheme is registered. In case of the customer's demise, the nominee can claim the products upon submission of a death certificate issued by the Tamil Nadu government.
• For any additional weight of products purchased beyond the credited 22 karat weight, the customer must pay the amount for extra weight and wastage, making charge and GST for the extra weight.
• Products equivalent to the credited 22 karat gold weight must be availed within 35 days from the maturity date of the scheme. Failure to do so will result in loosing scheme benefits completely.
• If there are any sales offers available at Thangamayil branches on the day of redemption, they cannot be utilized under this scheme.
• No changes can be made to the scheme's name, mobile number, and address under any circumstances. The OTP sent to the registered mobile number must be provided without fail when redeeming the scheme.