1. Enrollment Options:
You can join the scheme by choosing a monthly payment of Rs. 1000, 2000, 3000, 5000, or 10000. The scheme duration is 15 months.
2.Scheme Duration:
Total tenure:15 months.
The scheme concludes 30 days after the fnal (15th) payment.
3. Early Termination:
A Rs. 200 administration fee will be charged.
The accumulated amount will not be refunded in cash but can be redeemed for jewelry.
Scheme benefts (including the bonus) will not apply if terminated early
4. Bonus Structure (on completion):
| Monthly Plan (Rs.) | Total Paid (15 months) | Bonus (Rs.) | Total Redeemable Value |
| 1000 | 15000 | 1500 | 16500 |
| 2000 | 30000 | 3000 | 33000 |
| 3000 | 45000 | 4500 | 49500 |
| 5000 | 75000 | 7500 | 82500 |
| 10000 | 150000 | 15000 | 165000 |
5. Jewelry Purchase Conditions:
Wastage, making charges, and GST are applicable at the time of jewelry purchase using the scheme amount.
6. Payment Proof Required:
The customer must verify that they receive a payment receipt or SMS confrmation on their phone after making each monthly payment under the chit scheme.
7. Scheme Closure Requirements:
At the time of scheme closure at KRT, the customer must present: Chit Scheme Card Valid ID Proof
8. Legal Jurisdiction:
All legal disputes related to the scheme will fall under the jurisdiction of the Ramanathapuram District Court.