Buyback & Exchange Programme
This Buyback and Exchange Programme sets out the terms and conditions under which customers may exchange or sell jewellery purchased from the Company.
Exchange Programme
Eligibility
- Exchange is applicable only on products originally purchased from the Company.
- The original tax invoice or certificate of authenticity must be presented at the time of exchange.
- Exchange may be availed by the customer in whose name the invoice was issued or by an authorised representative.
Exchange Valuation
- Exchange valuation shall be determined based on the prevailing market rate on the date of exchange.
- The applicable exchange values are as follows:
-
Metal:
100% of the prevailing market rate. -
Solitaire Diamonds (below 1 carat):
90% of the prevailing market rate. - Exchange value shall be calculated on the net weight of metal and diamonds eligible under this programme.
Buyback Programme
Eligibility
- Buyback is applicable only on products originally purchased from the Company.
- The original tax invoice or certificate of authenticity must be presented at the time of buyback.
- Buyback may be availed by the customer in whose name the invoice was issued or by an authorised representative.
Buyback Valuation
- Buyback valuation shall be determined based on the prevailing market rate on the date of buyback.
- The applicable buyback values are as follows:
-
Metal:
100% of the prevailing market rate. -
Diamonds (below 1 carat):
80% of the prevailing market rate.
- Buyback value shall be calculated on the net weight of metal and diamonds eligible under this programme.
Exclusions
- No buyback or exchange shall be applicable for:
- Semi-precious stones
- Synthetic, lab-created, or treated stones
- Any component not expressly covered under this programme shall not be considered for valuation.
General Terms
- “Prevailing market rate” means the Company’s applicable rate on the date of exchange or buyback.
- Making charges, taxes, and any discounts applied at the time of original purchase shall not be considered for exchange or buyback valuation.
- All products are subject to inspection and verification of weight, purity, and authenticity.
- The Company reserves the right to accept or reject any exchange or buyback request at its sole discretion.
- The Company reserves the right to modify, amend, or withdraw this programme at any time without prior notice.
- Applicable law and jurisdiction shall be as determined by the Company.
