One of the largest jewellery chains in South India, Lalithaa Jewellery offers a wide range of gold, silver and diamond products. The chain was first founded in 1983, and over the decades since, it has established a brand that is trusted and celebrated among its customers in equal measure.
Lalithaa Jewellery has a rich history of being a pioneer in the industry in many ways. In fact, the company was one of the first jewellers to introduce and adopt the practice of hallmarking jewellery to ensure the authenticity of gold.
For anyone aspiring to purchase a premium piece of jewellery, there are many Lalithaa Jewellery gold schemes that can help. If this sounds like something you may be interested in, check out the Lalithaa Jewellery scheme details below, so you can choose the scheme that suits your needs.
The Jewel Saving Plan is a Lalithaa gold scheme that helps you save up on a monthly basis, so you can buy or invest in gold conveniently. It works like most jewellery plans, where you contribute to your account periodically and accumulate funds that will help you buy gold.
If you are interested in the Jewel Saving Plan, here are the main features and benefits of this scheme. Check them out, so you can decide if this is the best scheme for you.
You need to open an account with a minimum amount of Rs. 1,000.
Additional investments can be made in multiples of Rs. 1,000.
Every time you make an instalment, the amount will be converted to its equivalent value in gold. The prevailing Lalithaa Jewellery gold rate will be used for this conversion.
You need to deposit your funds on a monthly basis for 16 months.
Lalithaa Jewellery will contribute the 17th instalment.
You can use the funds in your account to buy gold coins.
You can make the payments in the form of cash, cheque, pay order or demand draft, issued in favor of ‘Lalithaa Thanga Maaligai.’
If you opt for this scheme, you need to be aware of these important details too.
No advance instalments can be made to your account.
This scheme cannot be clubbed with any other Lalithaa Jewellery scheme.
In case you wish to purchase any piece of jewellery that is not covered by this scheme, you will have to pay the additional wastage costs and making charges, as applicable.
If you are looking for a shorter gold saving plan, the Gold Plus Savings Scheme from Lalithaa Jewellery may be just what you need. This plan has a duration of just 12 months so that you can buy the jewellery of your dreams within just a year.
Check out the main benefits and features of the Gold Plus Savings Scheme from Lalithaa Jewellery, so you can make a well-informed decision about your savings.
This scheme has a minimum tenor of 12 months. You can opt to extend the scheme’s tenor for a longer period if you wish to.
Under this scheme, you can buy gold jewellery or gold coins. Or, you can also choose to buy silver products.
Once you’ve paid the last instalment, you can use the money in your account to buy the selected gold products under this scheme, at the Lalithaa gold rate prevailing in the market.
You can make your instalments as cash, demand draft, cheque, or even pay order raised in favor of ‘Lalithaa Thanga Maaligai.’
In case you decide to enroll in the Gold Plus Savings Scheme, here is some important information that you need to be aware of.
The plan is valid for 24 months from the date you make the last instalment.
You can only purchase the products covered under this scheme. No cash refunds are permitted.
If you want to purchase something that is not covered by this scheme, you will have to pay the wastage costs and making charges as applicable.
If wastage costs are weighing you down, you may be interested in the Zero% Gold Jewellery Purchase Plan from Lalithaa Jewellery. This is also a 12-month plan. The main feature is that it comes with zero wastage charges.
Here are the primary benefits and features of the Zero % Gold Jewellery Purchase Plan from Lalithaa Jewellery.
Here too, the tenor is a minimum of 12 months.
After 12 months, you can extend the tenor further in case you want to save up for a longer period.
This plan will be valid for a period of 24 months from the date on which you make your last instalment.
No wastage charges will be applicable under this plan, so you can rest assured that the costs on that front will be reduced.
The amount accumulated in your account can be used to purchase gold jewellery at the Lalithaa Jewellery gold rate.
Before enrolling in the Zero % Gold Jewellery Purchase Plan from Lalithaa Jewellery, you need to keep these important pointers in mind.
You cannot club the benefits under this scheme with those from any other offer.
Special jewellery, cubic zirconia stones and jewellery, diamond jewellery, platinum jewellery, and ruby or emerald stones are not covered under this scheme.
You cannot opt for any cash refunds at the end of the tenor.
This Lalithaa Jewellery gold scheme combines the advantage of a short investment tenor with zero wastage charges. If you want to save up for a premium piece of Jewellery and buy it within the year, the Lalithaa Golden Sparrow scheme may be ideal for you. Find out more about this scheme in the sections below.
Before you enroll in any scheme, it is important to understand the finer details involved. So, if the Golden Sparrow scheme may be what you are interested in, here are the main features and benefits of this savings plan from Lalithaa Jewellery.
You can choose to make your deposits in any of the following instalments: Rs. 500, Rs. 1,000, Rs. 2,000, Rs. 3,000, Rs. 5,000, Rs. 10,000 or Rs. 15,000.
You will receive a membership card and a passbook when you enroll in this scheme.
You need to pay your instalments for a period of 11 months consecutively.
After that, within 30 days, you can buy any gold jewellery covered under this scheme.
The amount accumulated can be used to buy gold at the prevailing Lalithaa Jewellery gold price.
Aside from the key features and benefits as seen above, here are some important details about the Golden Sparrow scheme that you need to be aware of.
You can make the payment for your purchase in the form of cash, credit card, electronic clearance service, cheque or demand draft.
You need to pay each month’s instalment during that month only. No advance instalments can be made.
This scheme cannot be transferred to any other person.
You cannot club this scheme with any other offers or plans either.
No. Only select jewellery items are covered under these schemes. Generally, special jewellery, cubic zirconia stones and jewellery, diamond jewellery, platinum jewellery, and ruby or emerald stones are not covered by gold schemes from this seller.
The exact frequency depends on the scheme you choose. But broadly speaking, most of the schemes from Lalithaa Jewellery require you to make a monthly contribution.
That depends on the scheme that you enroll in. However, in most cases, if you decide to buy jewellery that is not covered by the scheme, making charges will be applicable.