Introduction

The Golden Leaf Monthly Saving Scheme is designed to help you build gold month by month
in the most transparent and rewarding way. By choosing any installment amount—from ₹500
up to ₹1,00,000—you can convert every payment into pure gold weight based on the
prevailing market rate of that day

Key Features

1) Customers can choose any of the following amounts as monthly installments: Rs. 500,
1000, 2000, …., 1,00,000.
2) Once the monthly installment is paid, the paid value will be converted in terms of gold on
a monthly basis and will be credited to the respective customer’s golden leaf scheme
account.
3) The conversion to gold is based on the prevailing market rate. (Rate on the payment day).
4) In this scheme, you will pay installments for 11 months and at the end of the12th month
you can purchase gold coins or gold ornaments at 100% discount on wastage and making
charges.
5) Customers must pay GST. In case of any revision in the tax scheme, customers have to
pay the tax amount accordingly.
6) Poongulazhi Jewellers PVT Ltd has the full authority to change the terms and conditions
of this scheme.

Points to remember:

1) The monthly instalment amount paid by the customers will be converted and credited in
gold weight based on the prevailing marketing rate.
2) Switching to other schemes/ plans or name transfer cannot be accepted.
3) Monthly instalments can be paid in cash in store or through a poongulazhi application via
credit/debit cards.
4) The duration of any scheme is 11 months and gets matured on the 12th month.
5) After the maturity period, customers can purchase either gold coins or gold ornaments at
a 75% discount on wastage. They cannot redeem in cash for any reason.
6) Customers must pay goods and service tax (GST) and any other new taxes levied by our
Govt.
7) Poongulazhi jewelers reserves all rights to change these terms and conditions at any
time.