Organization : Tanishq
Service Name : Golden Harvest Jewellery Purchase Scheme
Website : https://www.tanishqgoldenharvest.co.in/online/aboutscheme
Golden Harvest Scheme:
The Golden Harvest Scheme, brought to you by Tanishq, is one of the best jewellery Purchase Schemes ever, leading to an easy purchase of Tanishq jewellery of your choice.Under the Golden harvest scheme,you can buy for more than what you pay because Tanishq will add a special discount at the end of the scheme.
Related : Ministry of Finance Gold Monetisation Scheme : www.statusin.in/17537.html
The 12 months Plan:
Under this scheme, you need to pay a fixed amount every month with Tanishq for 10 months. From the end of the 10th month you will be eligible for a special discount which will vary from 55% to 75% of the fixed instalment. In this scheme minimum installment value is Rs 2000 and it can increase to any amount as long as it is in multiples of Rs 1000. You will have to mandatorily close the account within 390 days from the date of opening the account.
For Example: ( Only If all installments are paid on due date )
| A/C Opening Date | Maturity Date | Installment per month in Rs | Discount on Jewellery purchase in Rs | % of monthly installment |
| 1st Jan 2015 | 1st Nov 2015 | 2000 | 1100 | 55% |
| 1st Jan 2015 | 1st Dec 2015 | 2000 | 1300 | 65% |
| 1st Jan 2015 | 1st Jan 2016 | 2000 | 1500 | 75% |
| 1st Jan 2015 | 1st-31st Jan 2016 | 2000 | 1500 | 75% |
The 6 months Plan:
Under this scheme, you need to pay 6 fixed monthly installments of minimum Rs 2000/- or above (in multiples of Rs 1000/-) every month with Tanishq for 6 months. At the end of the 6th month you will get 20% of one installment as discount on Jewellery purchase, hence you can buy for more than what you pay. You will have to mandatorily close the account within 240 days from the date of opening the account.
For Example ( Only If all installments are paid on due date ):
| A/C Opening Date | Maturity Date | Installment per month in Rs | Discount on Jewellery purchase in Rs | % of monthly installment |
| 1st Jan 2015 | 1st Jul 2015 | 2000 | 400 | 20% |
| 1st Jan 2015 | 1st Aug 2015 | 2000 | 400 | 20% |
Terms & Conditions:
Key Conditions for the GHS customers (12 Months Scheme):
** The GHS is a 12 month scheme where the customer has to pay 10 installments and his/her maturity would start after 300 days from the date of joining the Scheme.
** The GHS will allow the customer to pay 10 fixed monthly installments of minimum ‘2,000 or above (in multiples of ‘1,000). In a span of 10 months, customer has to pay one installment every month. More than one installment in a single month will not be accepted.
** In the event the customer fails to pay his/her installment for any 2 months in the 10 month period, Titan will refund only the principal amount paid by the customer without any return. Titan will need a copy of the PAN card for refunding the principal amount by cheque or online transfer only. Hence customers are requested to provide a copy of their PAN card at the time of enrolling.
** The customer is mandatorily required to redeem his/her account before 390 days from the date of payment of the first installment.
Key Conditions for the GHS customers (6 Months Scheme):
** The GHS is a 6 month scheme where the customer has to pay 6 installments and his/her maturity would start after 180 days from the date of joining the Scheme.
** The GHS will allow the customer to pay 6 fixed monthly installments of minimum ‘2,000 or above (in multiples of ‘1,000). In a span of 6 months, the customer has to pay one installment every month. More than one installment in a single month will not be accepted.
** In the event the customer fails to pay his/her installment for any 2 months in the 6 month period, Titan will refund only the principal amount paid by the customer without any return. Titan will need a copy of the PAN card for refunding the principal amount by cheque or online transfer only. Hence customers are requested to provide a copy of their PAN card at the time of enrolling.