AUKERA TREASURE TROVE - JEWELLERY PURCHASE PLAN
At Aukera, we understand precious jewellery decisions aren't hasty. That dream piece, meant to be cherished, deserves a smart plan. Introducing Aukera Treasure Trove: Jewellery Purchase Plan.
Begin with a monthly instalment of your choice (multiples of Rs. 1000/-). Plus, enjoy an AukeraBonus. Make your dream a reality; let's plan it!
STEP 1:
Plan:
Consider whether you would like to opt for the 6-month or 10-month plan.
STEP 2:
Activate:
Fill out the form in an Aukera Store and activate one of the possible payment options.
STEP 3:
Purchase:
Select an Aukera piece or pieces of your choice. With the added benefit of the Aukera Bonus,
which is as follows:
● On a 6-month plan, 50% of the monthly instalment
● On a 10-month plan, 100% of the monthly instalment
AUKERA TREASURE TROVE - JEWELLERY PURCHASE PLAN
Aukera understands that there are times when a jewellery purchase is not impulsive. We help
you plan for your dream purchase by setting aside an amount of your choice every month. And
then, Aukera gives you a bonus.
LET’S GET STARTED IN 3 SIMPLE STEPS
STEP 1:
Plan:
Consider whether you would like to opt for the 6-month or 10-month plan.
STEP 2:
Activate:
Fill out the form in an Aukera Store and activate one of the possible payment options.
STEP 3:
Purchase:
Select an Aukera piece or pieces of your choice. With the added benefit of the Aukera Bonus,
which is as follows:
● On a 6-month plan, 50% of the monthly instalment
● On a 10-month plan, 100% of the monthly instalment
Illustration 1 : 6 Months Plan
Step 1:
Plan
Mahima wishes to buy a Tennis Bracelet for herself this Diwali. In April, she selects the Aukera
Treasure Trove - Jewellery Purchase Plan to save every month towards this piece she wants.
Step 2:
Activate
Mahima gives auto-debit instructions to her bank to remit to Aukera Rs. 30,000/- per month. By
September, she had saved a total of 6 x 30,000 = Rs. 1,80,000/-
Step 3:
Purchase
In October, Aukera adds Rs. 15,000/- Bonus (50% of the monthly instalment) to her balance.
Mahima now has Rs. 195,000 to buy the Tennis Bracelet she wanted for Diwali
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Illustration 2 : 10 Month Plan
Step 1:
Plan
Ms. Gupta knows her daughter will be married sometime in the following year. In January, she
selects the Aukera Treasure Trove : Jewellery Purchase Plan to put aside savings every month
towards the wedding trousseau purchase.
Step 2:
Activate
Ms. Gupta gives auto-debit instructions to her bank to remit to Aukera Rs. 2 Lakhs per month.
By October, she had saved a total of 10 X 2Lakhs = Rs. 20 Lakhs.
Step 3:
Purchase
In November, Aukera adds a Rs. 2 Lakh bonus (100% of the monthly instalment) to her balance.
Ms. Gupta now has Rs. 22 Lakh towards her daughter’s trousseau purchase.
TERMS AND CONDITIONS
1. ENROLMENT & ELIGIBILITY
1.1 Under the Aukera Treasure Trove: Jewellery Purchase Plan, the individual is required to
make payment for six fixed monthly instalments or ten fixed monthly instalments, depending
on the plan chosen.
1.2 Only upon the completion of all instalments will Aukera offer the bonus, as applicable
according to the chosen plan.
• For the 6-month plan, the bonus is 50% of the monthly instalment.
• For the 10-month plan, the bonus is 100% of the monthly instalment.
1.3 The date of the first monthly instalment payment made by the customer will be
considered the enrolment date. For the Aukera Treasure Trove: Jewellery Purchase Plan, the
due dates for all subsequent payments will align with the enrolment date each month.
1.4 Only individuals aged 18 or above are eligible to enrol in the Aukera Treasure Trove:
Jewellery Purchase Plan. For those under 18, an adult may enrol on behalf of the minor.
Aukera reserves the right to request proof of age when necessary.
1.5 The customer may enrol in the Aukera Treasure Trove: Jewellery Purchase Plan with a
minimum monthly instalment of Rs. 1,000/- (One Thousand Rupees) or multiples of Rs.
1000/-
1.6 Submission of a copy of the PAN card is mandatory. KYC documents, as per government
rules, are required and will be collected at the store.
1.7 The Aukera Treasure Trove: Jewellery Purchase Plan instalments may be paid via online
payment, credit/debit cards, or UPI methods.
1.8 Once the first instalment is paid, neither the instalment amount nor the term can be
changed.
2. REDEMPTION
2.1 The Aukera Treasure Trove: Jewellery Purchase Plan can only be redeemed for diamond
jewellery, not for loose diamonds. The bonus will be credited during the time pf purchase.
2.2 Customers can have multiple Aukera Treasure Trove: Jewellery Purchase Plans, but
merging plans during redemption is not allowed.
2.3 The Aukera Treasure Trove: Jewellery Purchase Plan must be redeemed in full with a
single purchase. Partial redemption is not allowed. Customers can buy multiple products, but
they must be billed together. If the total exceeds the accumulated instalment and bonus, the
difference must be paid. The total bill must be equal to or greater than the redemption
amount.
2.4 The Aukera Treasure Trove: Jewellery Purchase Plan cannot be redeemed online at
www.aukerajewellery.com. All redemptions must take place at stores or during a try-at-home
appointment.
2.5 The window for redemption of the Aukera Treasure Trove: Jewellery Purchase Plan is open
for 90 days only from the last date of instalment completion.
3. DELAYED PAYMENTS
3.1 A grace period of 10 days will be provided after the due date for the payment of monthly
instalments. If the payment is delayed beyond the grace period, the bonus provided by Aukera
will be reduced proportionally based on the number of days by which the payment was
delayed.
3.2 There is a 7 day grace period for paymen of each instalment. All Instalments must be paid on time or witin
the grace period. In case of a missed instalment or payment delayed payment beyond hte grace period, the
bonus will not be payable.
4. CANCELLATION/REFUND
4.1 The customer may cancel the Aukera Treasure Trove: Jewellery Purchase Plan at any time
during the plan’s tenure. However, the amount of the monthly instalments paid can only be
redeemed against the purchase of jewellery. In the case of partial completion of the plan, no
bonus will be paid. The customer will not be refunded by cheque, cash, online transfer, or UPI.
4.2 The Aukera Treasure Trove: Jewellery Purchase Plan is strictly non-transferable. In the
event of the death of the subscriber, the individual designated as the nominee at the time of
subscription shall be entitled to either: (i) continue the plan by remitting any outstanding
instalments and utilize the accrued benefits thereof for the purchase of jewellery; or (ii)
request redemption of the accumulated amount, subject to submission of all requisite
documentation and compliance with applicable procedures as may be prescribed by the
Company.
5. DISCLAIMER
5.1 Aukera reserves the right to alter, amend, add, or delete part or all of the terms of the
Aukera Treasure Trove: Jewellery Purchase Plan without prior notice to the customer,
provided that such changes do not adversely affect the customer’s interests.
5.2 The liability of the company under the Aukera Treasure Trove: Jewellery Purchase Plan is
limited to the extent of the instalments paid by the customer and the accrued bonus amount,
as per the terms and conditions stated herein.
5.3 The terms and conditions outlined herein do not constitute any assurance or warranty by
the company.
5.4 The company is the operator of this programme and reserves the right to suspend, modify,
or terminate the programme at any time. In such an event, the customer may purchase any
item from Aukera stores or via the try-at-home option, equal to the value of the instalments
accumulated, along with the bonus amount, as of that day. This clause will also apply if the
programme is rendered invalid due to a change in applicable laws, rules, regulations, or
norms.
5.5 All jewellery purchased under this programme will be subject to labour/making charges,
wastage, goods and services tax, surcharges, gold/stone charges, and any other charges that
may be applicable, subject to the bonus as stated herein. The customer shall not be entitled
to any claims for damages, costs, or interest.
5.6 Any conditions not explicitly covered above will be at the discretion of the company at the
time of transaction or redemption. The company’s decision in this regard will be deemed
irrevocable and final. Any disputes will be resolved in the courts of Bangalore, Karnataka, and
the jurisdiction will be exclusive to that location.
5.7 The customer must maintain correct and updated contact and payment details with
Aukera once enrolled. Aukera will not be liable for any loss to the customer resulting from
incorrect or outdated information provided to the company.
FREQUENTLY ASKED QUESTIONS
WHO IS ELIGIBLE FOR THE AUKERA JEWELLERY PURCHASE PLAN?
As per the Government of India guidelines, only Indian nationals over the age of 18 are permitted
to participate in purchase plans such as this. Also, you are permitted to subscribe to more than
1 Aukera Treasure Trove : Jewellery Purchase plan at a time. However, combining two plans at
time of redemption is not allowed.
WHAT ARE THE MINIMUM AND MAXIMUM AMOUNTS AND TERMS?
The minimum amount is Rs. 1000 per month. And there is no maximum limit. The two terms
available are 6 months or 10 months. You are not permitted to either change the amount or the
term in the course of the term.
WHAT PRODUCTS ARE ELIGIBLE FOR PURCHASE UNDER THIS SCHEME?
Any piece of Aukera jewellery available on our webstore or in our retail outlets is eligible. Gold
coins, loose diamonds excluded. However, gift cards can be purchased.
WHAT IF I DEFAULT ON MY PAYMENT SCHEDULE?
A grace period of 07 days will be allowed after the due date for monthly instalments. If payment
is delayed beyond this period, the Aukera bonus will be reduced based on the delay. If more
than two instalments are delayed the customer will lose eligibility for the bonus. The
redemption value will only include the instalments paid.
What are the methods of payment?
You may opt for a monthly remittance through a bank, credit card, or cash payment or UPI at
the store. Cash payment at the store has an upper limit of Rs 15,000 per month
Can I redeem part of the plan value?
No, you need to redeem the entire amount in your account, on completion of the term and
payment of all instalments. But you can certainly pay the difference in case your choice of
jewellery costs more than what you have in your balance at the end of the term.
In case of demise, can a nominee redeem the amount?
At the time of signing up for the plan, you may opt to nominate an individual. In the event of the
demise of the plan holder, the nominated person will be entitled to redeem the amount upon
the completion of all instalments and submission of the relevant documentation.
In the event of non-payment of instalments or non-completion of the plan after the demise of
the plan holder, kindly note that the accumulated amount will be converted into store credit,
available for future purchases. Furthermore, Aukera bonus will not be provided.
To know more about Aukera Treasure Trove - Jewellery Purchase Plan, give us a call: 9035454656
or write to contact@aukerajewellery.com
