You don't have to be born with a silver spoon. Presenting VBJ's Silver Tree.
Apart from being a prominent element of art and elegance, Silver has also emerged as one of the most promising and the fastest appreciating investment options. Investing in Silver guarantees the 3 crucial factors that very few investment options do - liquidity, safety and return. Therefore, silver is one of the best investments today.
The scheme offers Five value options - Rs.500, Rs.1000, Rs.2000, Rs.5000 and Rs.10000.
Those who join the scheme have to deposit Rs.500, Rs.1000, Rs.2000, Rs.5000 or Rs.10000 every month for 15 months, depending on the value chosen.
On the 16th month,the member will be permitted to take silver articles or silver jewellery of their choice as stated below:
| Group | Total amount paid | Value of silver articles/silver jewellery permitted to be taken on the 16th Month. |
|---|---|---|
| ₹500 | ₹7500 | ₹8000 |
| ₹1000 | ₹15000 | ₹16000 |
| ₹2000 | ₹30000 | ₹32000 |
| ₹5000 | ₹75000 | ₹80000 |
| ₹10000 | ₹150000 | ₹160000 |
terms & conditions
- Monthly instalments should be paid regularly on or before the 7th of each month. You must produce your membership card at the time of payment and ensure that the payment made by you has been correctly entered in your membership card.
- Defaulting members will be eligible for the benefits under the scheme only upon payment of all the 15 instalments. In other words, their eligibility would get postponed by the number of months they have defaulted.
- Members who discontinue in the middle of the scheme, shall not be eligible for any of the benefits of the scheme.
- GST charges up to 3% will be borne by VBJ.
- Cash will not be refunded under any circumstances.
- The mode of payment may be cash, card (credit/debit), online payment, crossed checks or demand drafts payable locally. The membership number and name should be clearly mentioned on the reverse of the check/s and demand drafts.
- The conduct of the scheme is subject to the terms and policies laid down by the central and/or state government from time to time. All disputes will be subject to jurisdiction of the competent court in Chennai.
- Silver coin and bullion cannot be purchased under this scheme.
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