1. Quick Gold Flexi is an 11-month savings scheme where a customer can buy gold jewellery with No wastage upto 15% (By the end of the scheme) Authentic ID Proof should be produced by the customer at the time of enrolment and closing time.

2. Get free gift on joining the scheme which has to be collected within 3 months from the date of enrolment. Failing which the gift will be forgone.

3. Monthly instalments are flexible. Minimum monthly instalment is Rs.1000 and customers can pay in multiples of Rs.500. Maximum monthly instalment can be 3 times the amount of the first instalment and minimum instalment must be equal to first instalment.

4. You can use the flexible instalment option only until the 8th month of the scheme.

5. When a customer pays an instalment, the amount gets converted to equivalent grams of gold as per prevailing rate.

6. After successfully completing 11 instalments, customers can buy gold jewellery for the total grams accumulated without any wastage*. Customers can also buy any Special Products.

7. Monthly instalments must be paid from 1st to 25th of any given month.

8. Customers can pay their monthly instalments online through www.nacsavings.com or at any of the NAC Jewellers showrooms.

9. Mode of payments can be through www.nacsavings.com / cash / electronic clearing system / debit cards / credit cards / NEFT. Payment made through DD / local cheques / at par cheques needs to be in favour of NAC Jewellers pvt ltd.

10. In case of NEFT payment, please contact the respective showroom in-charge / chit dept.

11. On the event of failure to pay any instalment, the scheme will cease and the customer will not be eligible for any of the benefits under the scheme. (Gift value will be reduced).

12. GST prescribed by the government or upto 3% (which ever is lower) will be borne by us. However making charges and other government levies shall fully be borne by the customers.

13. If the value of gold jewellery purchased exceeds the grams of gold accumulated, then the difference in wastage & GST should be borne by the customer. Customers can avail no wastage benefit only for the grams of gold accumulated in their account.

14. Gold coins cannot be purchased.

15. Cash will not be refunded under any circumstances.

16. If a customer decides to pre-close the scheme, they can buy gold jewellery as per grams of gold accumulated in the passbook without any benefits. (The free Gift will also be reduced).

17. If a customer skips any instalments, it would be considered as preclosure and they can buy jewellery as per grams of gold accumulated in the passbook without any benefits.

18. At the time of redemption and purchase of jewellery, the original passbook should be surrendered and authentic photo ID proof should be produced by the member. The member, who initialized the application form at the time of joining, should ensure that they also sign on the closure invoice too. If unable to come in person,the member can nominate a person, along with a duly signed authorization letter, that grants permission to sign the invoice and purchase jewellery on behalf of the member. At the time of redemption, the nominated person should bring the original passbook and produce authentic photo ID proof.

19. If a customer doesn’t conclude the sale between 330 - 364 days, the grams of gold accumulated will be converted* on the 365th day & the sale will be concluded from our end. Scheme will mature only after completion of 330 days only after which the customer can purchase.

20. All disputes are subject to jurisdiction of competent courts in Chennai.

21. The company reserves the right to change, modify, suspend or terminate any or all of the offers, terms and conditions in an individual case or in general at any time without notice.