Terms And Conditions
- 1. Name of the scheme: BMS Silver Saving Scheme.
- 2. Members can enroll for any deposit scheme starting with a minimum monthly installment of Rs. 1500/- or more (in the multiples of 500/-) for a period of 15 months.
- 3. There is no fixed enrolment date. A customer can become a member on any day he/she desires.
- 4. Any existing member can enroll in multiple schemes.
- 5. Customer KYC is must to avail the scheme membership.
- 6. Any Online Payment/Bank Charges will be beared by the customers.
- 7. Monthly Installments should be paid on or before 10th of every month.
- 8. Criteria for earning the discounts are applicable to members who will pay all their monthly installments in time without defaulting on any month.
- 9. Payment can be made either in cash at our store or even by any online payment options available in the app.
- 10. At the time of redemption, the membership card has to be surrendered by verifying using OTP or it will be deemed to be cancelled once the redemption is done.
- 11. Receipts will be issued for every deposit. The same shall also reflect in the membership
card in the app
- 12. Any discrepancies in the card entries or the receipts should be bought to management's notice within 7 days of entry.
- 13. In case of any default/delay in the payments will further postpone the redemption date accordingly to the delayed period.
- 14. However, in case to discontinuation of the scheme in between, by any member, the redemption of only the invested amount, into silver Articles / Legchains will be possible and that too only after the scheme period gets over. Any rewards or discounts shall not be applicable to schemes stopped in between by the member.
- 15. The maturity date (redemption date) shall be after 30 days of the date of last successful installment/deposit.
- 16. The monthly investment schemes are valid only for Silver Articles/Legchain purchase and not for any cash, refund, coins, ingots or bullion.
- 17. Making charges will be applicable on Special / Imported / Gold Polish/Antique Items.
- 18. Delivery of Jewellery is subject to government taxes.
- 19. You must compulsorily close "BMS Silver Saving Scheme "scheme within 630 days from the date of opening your account.
- 20. All disputes are subject to Tamilnadu State Jurisdiction.
- 21. The scheme cannot be clubbed with any other schemes run by our company.
- 22. Management has all the rights to accept/reject any application without any application without any reason & has the right to modify any terms & conditions without any prior notice.
- 23. Any dispute will be subjet to madras high court jurisdiction & any rules and regulation can be changed according to any changed in government act. decision of the company will be final and binding.
- 24. We have no branches
