Lalithaa is a leading manufacturer of birthstone jewellery and silver sets. With the advanced saving schemes offered by Lalithaa, purchasing jewellery becomes much easier.
Jewel Saving Plan
This scheme gives customers a smart, easy and safe way to buy or invest in gold. The scheme is also known as the Lalithaa Free Gold Saving Plan. Customers can contribute monthly towards their account and accumulate enough funds to purchase jewellery of their choice.
Features
- Customers can open an account with a minimum of Rs.1,000 and in multiples of Rs.1,000.
- Every installment paid per month will be converted to gold at the prevailing rate.
- The scheme requires payment for 16 months and Lalithaa will pay the 17th installment upon maturity in gold.
- The money can also be used to purchase gold coins of 916 purity upon maturity.
- Installments must be paid on time and cannot be carried forward.
- Advance installments are not accepted.
- Payments can be made in the form of cash, cheque, demand draft, or pay order in favour of “Lalithaa Thanga Maaligai”.
Benefits
- The gold is credited to your account at the prevailing rate every month. You will be protected against increasing gold rates.
- The free gold will be given after 30 days from when the 16th installment was paid.
- For the accumulated gold weight, no wastage charges will be applicable for up to 14% on the selected jewellery. If the weight exceeds, normal wastage charges apply on the extra weight.
- There are no making charges applicable. This does not apply to Exclusive, Ruby, Signity, Emerald, Diamond and Platinum jewellery)
- Value Added Taxes applicable will be borne by Lalithaa.
Important Information
- From the date of the last installment, the plan will be valid for 24 months.
- The maturity date cannot be advanced.
- Cash refunds are not allowed.
- The scheme cannot be clubbed with any other offer.
- In case the jewellery selected exceeds the weight accumulated, then the difference will have to be paid along with wastage charges on the excess weight.
- If the customer wishes to purchase jewellery that is not covered under this scheme, they can do so by paying the wastage and making charges.
- The jewellery not covered in this scheme are special jewellery, cz jewellery, diamond jewellery, platinum jewellery, cz stones, ruby stones, and emerald stones.
- Customers who default on their payment can pay the wastage and making charges plus any VAT applicable and purchase the jewellery.
- The customer signature at the time of maturity must match the registration.
- For customers who make payments via post, the passbook should be updated as soon as possible.
- If a customer requires a duplicate passbook, this will be issued upon payment of Rs.50 along with an affidavit. The passbook will be issued on the next day.
- Customers should ensure that their passbooks are maintained accurately. Discrepancies should be dealt with immediately and be rectified.
- Disputes fall under Chennai jurisdiction.
Gold Plus Savings Scheme
This is a 12-month scheme that enable customers to build a big enough corpus to buy the jewellery they desire.
Features
- Under this plan, customers can purchase gold jewellery, gold coins and silver articles.
- The minimum tenure for this scheme is 12 months.
- After 12 months, customers can choose to extend the tenure for as long as they like.
- After the last installment is paid, at the end of the next month, the customer can purchase 916 hallmark gold jewellery, gold coins and silver articles.
- Payments can be made in the form of cash, cheque, demand draft, or pay order in favour of “Lalithaa Thanga Maaligai”.
- From the date of the last installment, the plan will be valid for 24 months.
Benefits
| Monthly Installments | Accumulation after 15 months | Benefit upon 2nd month | Benefit upon 8th month | Total Benefit upon Maturity |
| Rs.500 | Rs.7,500 | 0.25 gram gold coin | 0.25 gram gold coin | Rs.7,500 + 0.5 gram gold coin |
| Rs.1,000 | Rs.15,000 | 0.5 gram gold coin | 0.5 gram gold coin | Rs.15,000 + 1 gram gold coin |
| Rs.2,000 | Rs.30,000 | 1 gram gold coin | 1 gram gold coin | Rs.30,000 + 2 gram gold coin |
| Rs.5,000 | Rs.75,000 | 2.5 gram gold coin | 2.5 gram gold coin | Rs.75,000 + 5 gram gold coin |
| Rs.10,000 | Rs.1,50,000 | 5 gram gold coin | 5 gram gold coin | Rs.1,50,000 + 10 gram gold coin |
Important Information
- The customer signature at the time of maturity must match the registration.
- From the date of the last installment, the plan will be valid for 24 months.
- Customers who default on their payment can pay the wastage and making charges plus any VAT applicable and purchase the jewellery.
- If the customer wishes to purchase jewellery that is not covered under this scheme, they can do so by paying the wastage and making charges.
- The jewellery not covered in this scheme are special jewellery, cz jewellery, diamond jewellery, platinum jewellery, cz stones, ruby stones, and emerald stones.
- Cash refunds are not allowed.
- For customers who make payments via post, the passbook should be updated as soon as possible.
- If a customer requires a duplicate passbook, this will be issued upon payment of Rs.50 along with an affidavit. The passbook will be issued on the next day.
- Customers should ensure that their passbooks are maintained accurately. Discrepancies should be dealt with immediately and be rectified.
- Disputes fall under Chennai jurisdiction.
- The scheme cannot be clubbed with any other offer.
Zero % Gold Jewellery Purchase Plan
This is a 12-month purchase plan offered by Lalithaa Jewellery to help customers save towards purchasing jewellery in the near future. Customers benefit from zero wastage charges.
Features
- The tenure available under this plan is a minimum of 12 months.
- After 12 months, customers can choose to extend the tenure to as long as they wish.
- From the date of the last installment, the plan will be valid for 24 months.
Benefits
At the end of the scheme, at the the end of the next month from the last installment, customers can purchase 916 hallmark gold jewellery, gold coins and silver articles.
| Monthly Installments for 12 months | Value accumulated at the end of 13th installment |
| Rs.10,000 | Rs.1,20,000 |
| Rs.5,000 | Rs.60,000 |
| Rs.2,500 | Rs.30,000 |
| Rs.1,000 | Rs.12,000 |
| Rs.500 | Rs.6,000 |
Important Information
- The scheme cannot be clubbed with any other offer.
- The customer signature at the time of maturity must match the registration.
- If the customer wishes to purchase jewellery that is not covered under this scheme, they can do so by paying the wastage and making charges.
- The jewellery not covered in this scheme are special jewellery, cz jewellery, diamond jewellery, platinum jewellery, cz stones, ruby stones, and emerald stones.
- Customers who default on their payment can pay the wastage and making charges plus any VAT applicable and purchase the jewellery.
- Cash refunds are not allowed.
- Customers should ensure that their passbooks are maintained accurately.
- For customers who make payments via post, the passbook should be updated as soon as possible.
- If a customer requires a duplicate passbook, this will be issued upon payment of Rs.50 along with an affidavit. The passbook will be issued on the next day.
- Discrepancies should be dealt with immediately and be rectified.
- Disputes fall under Chennai jurisdiction.
Lalithaa Golden Sparrow
This is a 11-month jewellery purchase plan where customers can benefit from zero wastage and zero VAT charges. After paying 11 easy monthly installments, customers can purchase exquisite jewellery of their choice in the 12th month.
Features
- Upon joining the scheme, the customer will be issued a membership card and a passbook.
- The installments are available in options of Rs.500, Rs.1,000, Rs.2,000, Rs.3,000, Rs.5,000, Rs.10,000 and Rs.15,000.
- This scheme is valid for 11 months. The monthly subscription must be paid for 11 consecutive months.
- After the 11th installments, within 30 days, the customer can buy any gold or diamond jewellery for the value accumulated.
- In the event that the jewellery selected is of a higher value, then the customer must pay the difference. VAT and wastage charges will apply on the additional weight.
- If the jewellery selected has special stones, diamonds, rubies, emeralds, zircons and so on, stone charges will apply.
- 1% VAT will be borne by Lalithaa Jewellery.
- At the time of purchasing the jewellery, the original membership card should be surrendered.
- The person who signed the application form must sign the invoice. The person is allowed to send another person with an authorization letter. The other person must show an ID proof.
Payment
- To make the payment, the customer must carry the membership card.
- To make the payment towards the scheme, customers can pay via cash, credit card, electronic clearance service or via local cheque or demand draft favouring Lalithaa Jewellery Mart Pvt. Ltd.
- Any additional bank charges for bounced cheque will be borne by the customer.
- For credit card payments, bank service charges will be collected at actuals from the customer.
- To make the payment online, customers can follow the process below:
- Log on to the online SBI website.
- At the top of the page, select “State Bank Collect”
- You need to accept the terms and conditions and click on “Proceed”
- Select “Tamil Nadu” as the State
- Select “Merchant” as Institution Type
- Under Merchant, select “Lalithaa Jewellery Mart P Ltd”
- You will be directed to the next page where you need to select the appropriate category and enter the required information.
- Ensure all details are accurate and click on “Confirm”
- You can make the payment via SBI Net Banking, SBI ATM cum Debit cards, Other Bank Debit Card, Credit Cards or Other Banks’ Net Banking.
- You will be issued a receipt which you must keep for future reference.
