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However, we at Vaibhav are now collaborated with Jewel Fina for offering our
customers gold purchase on EMI. EMIs are a great way to reduce the burden or
one can say disperse the load on an extend period of time.
Applicability
Applicability on Jewellery
While we all fancy the idea of EMI, the applicability is one major area we should
look into. Primarily EMI is applicable on stone studded gold or diamond jewellery
i.e. one cannot purchase a simple gold chain on EMI unless it has a stone setting.
Once we have zeroed down on the choice of Jewellery, then you can now contact
our customer care to avail the gold EMI offer. You can buy gold on EMI with credit
card payment only. Please note that EMI can be processed only when you pay
through an Indian credit card. The EMI is not applicable on any other type of
payment method such as cash, check, debit card, internet banking, Paytm, paypal
etc.
To buy gold jewellery on installments is very lucrative. We offer four different EMI
repayment tenures i.e. 6months, 9, 12 and 24 months. The four different tenures
gives one a greater flexibility to pay on your gold purchase.
Processing fee
A flat amount of 6.5% of the bill value is to be paid upfront post which the rest of
the amount is equated in monthly installments along with a small portion of the
interest percentage.
Example: If the total bill value is Rs 1,00,000 and considering you choose 6months
repayment period as your tenure. Rs 6,500 is to be paid as the initial payment and
there by Rs 17,333.33 on a monthly basis. For your clear understanding you can
also go to the Website Jewel Fina to calculate your EMI amount.
The terms and conditions of sanction of EMI are very much subjected to scrutiny
of Jewel Fina and any documents, credit scores requested on this behalf should
be duly submitted by the customer.