SCHEME EXCLUSIVE 2000
Pay a monthly amount of Rs 2000 for 12 months and get a bonus amount of
Rs 1000.
Total payable amount = Rs 24000
Total redeemable amount on payment of final installment = Rs 25000
Payment due date is 10th of every month. Enrollments after the
15th go will be taken as subsequent month’s payment.
Please read terms and conditions below
Terms and Conditions
1. Customers can
enroll in any one of our chit schemes which involve paying a fixed amount
monthly for the chit period. On payment of the final monthly amount, customers
are entitled to a bonus. The fixed amount, bonus amount and the length of the
chit period would depend on the scheme.
2. On payment of
all monthly installments, the scheme is termed “mature” and customers can
redeem their total amount which is the paid amount added to the bonus amount at
any one of our branches.
3. We currently
accept cash and card payments. Cheques will not be accepted. In the case of
cash/card payments, customers would receive a payment acknowledgement message
to their registered mobile number.
4. Monthly
installments should be paid regularly on or before 10th of every
month. Reminder messages would be sent at regular intervals to ensure customers
stick to the due date. If a scheme is pending for over a month, we reserve the
right to cancel the scheme. In such a case, paid amount (not including any
bonus) can be redeemed.
5. At no point of
time can we offer a cash refund. Amount paid can be redeemed by purchasing
products at any one of our branches.
6. The chit period
for each scheme is the time provided for paying all the installments in order
to avail the bonus. The schemes are designed in such a way that a customer
needs to pay a fixed amount per month. If a payment is missed on a certain
month, it must be paid along with the next month’s payment. At no point of time
can the period of the scheme be extended to make up for any delays in payment.
7. Scheme
enrollment can only be done by visiting one of our branches. However, the subsequent
monthly payments can be paid online.
8. Due to current
GST rules, the total amount can only be used to purchase products which are
taxed at 5 %.
9. SRIVIN reserves
the rights to alter, amend, modify, add or delete any of the terms and
conditions from time to time.