Common Terms & Conditions:

• The plan is non-transferable.
• The refundable amount can be given in the form of jewelry at the running gold rate.
• The amount in the customer's account cannot be redeemed against gold coins or bars.
• Cash refunds will not be allowed.
• The tenure of the plan is 13 months (12+1) from the date of joining.
• The scheme will mature on the 390th day from the date of joining, applicable only for customers with no default in monthly payments.
• Redemption must be completed within 30 days of maturity.
• During the purchase of the jewelry, applicable taxes will be applied along with standard fees towards wastage and making charges.
• Payment can be made only via Zelle, wire, ACH, cheque or cash. Card payment will not be entertained.
• Only one missed or delayed instalment is allowed; any further delay disqualifies the bonus. However, the plan can still be continued.
• From the 7th month instalment onwards, payments are to be made monthly and in the respective month only.
• Monthly instalments must be paid on or before the 7th of each month; payments made on or after the 7th will be considered for the following month.
• As per federal law, cash payments exceeding $10,000 (including all instalments) will be required to capture and fill the IRS Form 8300.
• VBJ reserves the right to revise the Kamadhenu Jewelry Savings Plan benefits and rules without prior notice.
• The plan is governed by the laws under the jurisdiction of Texas.
• All disputes are subject to the jurisdiction of the competent court in Texas.