Cancellation & Refund Policy

VA Benefit: Customers can avail of VA (Value Addition) benefits only if payments are made consistently every month without default.

Default Consequences: In case of a payment default, the VA benefit will be reduced accordingly.

Maturity Period: The scheme reaches maturity after the completion of 11 months.

No Extensions: The maturity period cannot be extended under any circumstances.

Purchase Eligibility: Customers can purchase jewellery only after completing the 11-month period.

Exclusions from Offers: No prevailing offers or discounts apply when purchasing jewellery under this scheme.

Excess Weight Charges: If the jewellery weight exceeds the scheme amount, VA will be charged for the excess quantity.

Gold Coins: Gold coins can be purchased under this scheme.

No Cash Refunds: Cash refunds are not permitted under any circumstances.

Monthly Payments: EMAs (Equated Monthly Amounts) must be paid by the end of every month.

Payment Receipts: Collect a receipt for each payment from Skv Thangamaligai. This is mandatory.

Receipt Delivery: For payments made via Cheque/PDC/ECS/UPI (GPay, PhonePe, etc.), receipts can be obtained or sent via courier.

Offer Eligibility: Offers under the scheme can only be availed if regular monthly payments are made.

Payment Gateway Charges: Customers are responsible for any payment gateway charges incurred.

Payment Timing: Each EMA must be paid by the end of every month, without early or late payments.

No Partial Withdrawals: Partial withdrawals from the advance paid are not allowed.

GST Charges: GST charges will be applied as per government regulations.

Documentation: Produce ID proof and bank passbook at the time of joining and redemption.

Weight-Based Scheme: Jewellery can be purchased based on the EMA accumulated in the account. After the EMA is credited to the company’s account, gold weight in grams (as per the market price on the date of payment) will be added to the customer’s account.

Stone Charges: Additional charges for stones will apply.

No Interest: No interest is applicable on any advance payments made.

Jurisdiction: Any disputes will be subject to the jurisdiction of the Pattukottai Court only.

By participating in this scheme, you agree to adhere to the terms and conditions outlined in this Cancellation & Refund Policy. For any questions or clarifications, please contact us at support@skvthangamaligai.com.