EBS Terms and Conditions

  • Home
  • EBS Terms and Conditions
  1. A person opting for Easy Gold Buy Scheme will be regarded as a Member of the scheme and will be eligible to enter into the scheme with a minimum of ₹ 2,000 or multiple of ₹ 1,000 thereof, per month for the entire period of the scheme for 10 months from the date of first payment. Only 10 installments will be received from a member and after 30 Days of the last inslallment paid the scheme will be matured.
  2. The Applicant will become the member of this scheme in the Applicant's name immediately on submission of the Application Form along with the payment of first installment amount.
  3. Once the scheme matured members will get a special discount of 70% of single installment amount on purchase of Gold, Diamond & Platinum Jewellery and Gemstones (24 kt gold and silver coins are not included in this scheme) within 45 days of maturity.
  4. The payment date of the 1st installment month will be regarded as the "Due Date" of installment in subsequent months under the scheme. Each installment amount will be accumulated into the member's account subject to realisation. A member should complete his payment within 3 days from the due date (holidays exempted).
  5. If the member desires to discontinue before the completion of the scheme then the member will be eligible to adjust the amount which has been accumulated in member's account till the date of discontinuation with purchase of jewellery only. No Special Discount will be allowed in case of discontinuation.
  6. If any member fails to pay any installment before the due date (after considering the grace period), this scheme will automatically stand discontinued.
  7. Pre-payments at one time for a part of the scheme period are allowed but redemption (with special discount) before indicated date of maturity will not be permissible.
  8. The final amount of finished jewellery intended to be purchased at the maturity of the scheme must not be less than the amount accumulated in this scheme and the excess amount have to be borne by the member.
  9. MPJ Jewellers (GB) Pvt. Ltd. reserves the right to alter, amend, add or delete part or whole of Terms and Conditions of the Easy Gold Buy Scheme without prior notice.
  10. Pre-closure of this scheme will take 7 working days.
  11. The scheme once assigned with a member is non-transferable.
  12. All members need to intimate us in case of change in address and phone number.
  13. A nominee must be mentioned while enrolling for this scheme (a minor can not be nominee). In case of death of the member there will be no further transaction in the said Account. Nominee is requested to contact us immediately.
  14. This is not a gold deposit scheme and is only a Easy Gold Buy scheme.
  15. A member joining the scheme from our website has to complete the scheme at our website only.
  16. Members should attach his/her Aadhar Card or Passport (Both Side in JPEG or PDF format) and attaching of PAN card (JPEG or PDF format) is also mandatory if the installment amount is greater than or equal to ₹ 15,000.
  17. Photocopy of PAN Card is required if the invoice value exceeds ₹ 2,00,000 at the time of redemption.
  18. Any disputes are subject to Kolkata jurisdiction.