GOLD SCHEMES – FATHOOM JEWELS

Gold purchase plan offers the easiest and the most convenient way especially to buy gold Jewellery with EMA option (Easy Monthly Advance) payment. We have introduced a very unique plan bundled with offers and benefits to make your purchase more attractive.

1. Fathoom Gold Tree Scheme

Term Duration – 11 months.

Fixed and equal EMA (Easy Monthly Advance) payment for a minimum of Rs 2,000/- (Rupees two thousand) or above in multiples of 1,000’s thereof for 12 months. The weight of 22 Karat gold equivalent to the value of the EMA will be credited to your account for the amount paid month on month as per the gold rate on the day of payment received. Under this plan the member can purchase BIS Hallmarked 22 Karat Gold Jewellery / Gold Coins at the end of 12th month with benefit (accumulated weight of Gold) for which member can avail 20% off on making charge.

For Example:

Easy Monthly Advance	Month on Month	Gold rate on the day of payment received	Gold weight credited (22 Karat BIS Hallmarked)
2000/-	1 Month	5250	0.380 grams
2000/-	2 Month	5425	0.369 grams
2000/-	3 Month	5600	0.357 grams

At the end of 12th month the member can buy their choice of BIS Hallmarked Gold Jewellery (22k) or Gold coins (22k) which they have earned during the scheme period with 20% off on making charges.

Terms & Conditions For Fathoom Gold Tree Scheme

1. Advance purchase scheme is for a period of 12 months as per plan.
2. The minimum advance amount of the scheme to be paid is Rs 2000/- or multiple of 1000’s and the same amount should be paid each month for all scheme period.
3. Each Schemes are not allowed to Club Each other.
4. Each advance paid will be converted to gold and credited to the customer scheme account as per the prevailing gold price for 22k gold on the date of payment received (Only for Fathoom Gold Tree Scheme).
5. The value is calculated as per the rate of gold in Kerala market.
6. Payments are to be made on or before 10^th of every month. The customer will not be eligible for any discount, if they make any delay in payments.
7. The amount of gold acquired during the scheme period can be converted to gold jewellery or gold coins after successful completion of the scheme.
8. On the completion of the scheme, rate of gold will be calculated based on the average purchase value made by customer.
9. As per the scheme the gold jewellery should be purchased within 1 month of the completion of scheme. If the purchase is not made within the time period, the customer will not be eligible for the discounts/offers.
10. Minimum Seven Months Advance payment should be paid to get the Scheme benefits.
11. All the Government Taxes (GST) and other standard levies will be chargeable for the gold jewellery purchased under the scheme.
12. Monthly advance payment beyond the stipulated period and payment for more than 1 (one) month is not allowed. The plan will be discontinued if in case payment for consecutive 3 (three) months is not payed and the advance payments which have done will be refunded via Account transfer or by purchasing Gold at the end of the scheme period. (No cash refund)
13. Partial redemption is not allowed and refund in any case will not be applicable. Customer may buy 22K gold jewels for the remaining amount.
14. The management of Fathoom jewels reserves the right to change or modify the above said terms & conditions. Disputes if any will be subject to the jurisdiction of courts in Ernakulam.

2. Fathoom Gold Nidhi Scheme

Term Duration – 11 months,

Fixed and equal EMA (Easy Monthly Advance) payment for a minimum of 2,000/- (Rupees One thousand) or above in multiples of 1000’s thereof for 11 months. The aggregate of EMA payment can be redeemed at the end of 12th month with full benefit. The member can purchase BIS Hallmarked 22karat Gold Jewellery / Gold Coins with benefit of 30% off on making charge.

For Example:

Easy Monthly Advance	Gold rate on the day of billing (After 11 months)	Eligible gold weight
2000/- X 12 = 24000/-	5250	24000 / 5250 = 4.571 grams
5000/- X 12 = 60000/-	5250	60000 / 5250 = 11.428 grams
10000/- X 12 = 120000/-	5250	120000 / 5250 = 22.857 grams

At the end of 12th month the member can buy their choice of BIS Hallmarked Gold Jewellery (22k) or Gold coins (22k) using the total amount they have deposited during the scheme period with 30% off on making charges

Terms & Conditions For Fathoom Gold Nidhi Scheme

1. Advance purchase scheme is for a period of 11 months as per plan.
2. The minimum advance amount of the scheme to be paid is Rs 10000/- or multiple of 1000’s and the same amount should be paid each month for all scheme period.
3. Each Schemes are not allowed to Club Each other.
4. Each advance paid will be converted to gold and credited to the customer scheme account as per the prevailing gold price for 22k gold on the date of payment received (Only for Fathoom Gold Nidhi Scheme).
5. The value is calculated as per the rate of gold in Kerala market.
6. The amount of gold acquired during the scheme period can be converted to only gold Jewellery.
7. As per the scheme the gold Jewellery should be purchased within 1 month of the completion of scheme. If the purchase is not made within the time period, the customer will not be eligible for the discounts/offers.
8. Minimum Seven Months Advance payment should be paid to get the Scheme benefits.
9. All the Government Taxes (GST) and other standard levies will be chargeable for the gold Jewellery purchased under the scheme.
10.  Advance amount which will be refunded via Account transfer or by purchasing Gold at the end of the scheme period. (No cash refund)
11. Partial redemption is not allowed and refund in any case will not be applicable. Customer may buy 22K gold Jewels for the remaining amount.
12. The management of Fathoom Jewels reserves the right to change or modify the above said terms & conditions. Disputes if any will be subject to the jurisdiction of courts in Ernakulam.