1. Jewellery(ies)/ bullion items which do not belongs exclusively to the seller will not be accepted. If any person acts otherwise, he/she shall be solely responsible for any damage/loss incurred to Deekshitha Gold LLP(”DGLLP”) by such acts.
2. If required DGLLP shall be performing other methods of tests to confirm the purity, including Acid Test, Salt Test or any other prevailing test(S) and the customer agrees and accepts to perform these tests.
3. In case after releasing the ornaments, due to any reason, if the customer is not agreeing to sell the Ornaments to DGLLP, then the customer hereby undertake to reimburse the amount settled by DGLLPto the respective financier along with 5.00% of the Market Value of the Ornaments ascertained by DGLLPas expenses/charges on the very same day, but before the closing of the business hours of DGLLP, Failing which, the transaction shall be treated as a Sale to DGLLPand DGLLPshall pay the differential amount(if any) to the customer after deducting the Prescribed margin
4. Ornaments once sold to DGLLP by the customer shall not be returned back under any circumstances
5. Stone weight and other wastages shall be deducted before arriving at the actual weight and by signing this agreements, the customer is confirming that he/she has got completely satisfied and accepts those deduction done by DGLLP.
6. By signing this T&C, customer confirms that he/she has seen and satisfied with DGLLP’s. valuation methods and agrees with the karat readings & valuations done by DGLLP employee(s)
7. By signing this T&C, customer confirms that he/she has seen and satisfied with DGLLP’s. valuation methods and agrees with the karat readings & valuations done by DGLLP employee(s)
8. By signing this T&C, customer confirms that he/she has seen and satisfied with DGLLP’s. valuation methods and agrees with the karat readings & valuations done by DGLLP employee(s)
9. In order to establish the credibility and the ownership of the Ornaments, on a case to case basis, DGLLP has to conduct physical verification of customer’s office, house and (or) Business addresses. If necessary, DGLLP shall also be conducting Telephonic Verification and Reference Check(s). By Signing this Terms & Conditions customer is accepting and giving consent to DGLLP for conducting these types of Verifications.
10. In case of releasing the ornaments, exact Market Value of the ornaments shall be determined only after valuing the ornaments physically by the authorised Valuator, hence the final Sale Value may differ from the initial estimated value and the customer is aware about this fact.
11. During the detailed purity check after DGLLP accepts the sale and making the payment to the customer, if DGLLP comes to know that the average purity of the ornament(s) is/are lesser than that of the initial ascertained purity, then the customer shall be liable to make good the losses incurred by DGLLP on that particular transaction including the margin.
12. Once the ornaments is/are sold to DGLLP the Company has got absolute rights to sell, transfer, assign, and securitize all the rights and titles in this transactions to another individual(s), Company, or Firm or to borrow/take loan by creating charge on it.
13. DGLLP declares the Purchase Price based on the Market Price of Gold, which is meant for 24 Karat gold, and is subject to change during the day based on market fluctuations. The entire calculation is based on this price only and for Lower purity ornament, the price shall be calculated based on the exact purity shown by the Karat Checking machine.
14. In case DGLLP representative(s) has got suspicion of the purity or content of any ornaments(s), then the customer agrees to cut and check the purity of these ornament(s) by the DGLLP employees, and also agrees to melt the ornament(s) (if necessary) before testing and finalizing the purity and weight.
15. In case the sold articles are found to be known as theft/stolen or Spurious article(s)/ornaments(s), then the Customer or his/her Legal representative shall be held solely responsible for all the consequences including losses, damages and repayment of the entire amount with interest and (or) compensations to DGLLP.
16. By Signing this terms & Conditions, customer agrees to make good the losses (if any) to DGLLP in case post release of the ornaments based on the customer’s request, if the total marketable value of the ornament(s) is/are lesser than the amount settled by DGLLP due to what so ever may be the reason(s), then the customer undertake to reimburse the amount settled by DGLLP while releasing the ornaments from the financier along with 3.00% margin on the total market Value of the Ornaments ascertained DGLLP.
17. By giving information in the Application Form and the Offer Letter is not a confirmation or guarantee that DGLLP is accepting the Sale offer DGLLP made by the customer. DGLLP reserves the right to accept or reject the Application and Offer without assigning any reason.
18. If required, DGLLP shall be taking Biometric details of the customers and the customer is agreeing to give such biometric details to DGLLP and the same shall be kept as confidential information by DGLLP
19. All the disputes arising out of this transaction shall be settled by binding arbitration within the jurisdiction of Chennai.
AR Complex, No.69, 1st Floor,
Arcot Road, Valasarawalkam,
Chennai-600087
Mon - Sun: 9:30 AM - 7:00 PM
Nakshatra Gold doesn't accepting Stolen or unauthentic gold. Selling Stolen gold or phony gold is a criminal offense and whenever discovered individual will handover to law authorization specialists. Any one age of 21 or less can sell gold just with parent/watchman's composed letter.
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