Terms & Conditions

To ensure security and compliance, the following enrollment criteria apply to all participants:

• Age & Citizenship: The applicant must be an Indian citizen aged 18 years or above. Minors may enroll through a natural or legal guardian.
• KYC Compliance: Submission of valid government identification (Aadhaar Card, PAN Card, or Voter ID) is mandatory at the time of account creation or gold coin redemption.
• Accurate Information: Customers must ensure their registered mobile number and address remain up-to-date for transaction receipts and notifications.

SLG GOLD empowers you to save at your own pace without rigid penalties:

• Low Entry Threshold: You can start saving from as low as ₹100. There is no penalty for flexible advance payments.
• Accepted Payment Modes: Contributions are accepted through verified digital channels (UPI, Net Banking, Debit Cards) and at authorized SLG GOLD branch counters.
• Instant Acknowledgment: Every contribution is recorded with an official digital receipt sent to your registered contact.

The savings programme operates with a structured accumulation cycle:

• Duration: The standard programme tenure is 12 months. Minimum maturity qualification begins upon completion of 6 active months.
• Accumulation Principle: Benefits and bonus entitlements are determined strictly by the actual holding period of each advance contribution.

Redemption rules are transparent and straightforward:

• Physical Gold Coins: All accumulated funds are redeemed exclusively against certified 24 Karat (999) or 22 Karat (916) BIS Hallmarked pure gold coins.
• Transparent Rate Calculation: The gold coin value is converted at the prevailing live board gold rate published by SLG GOLD on the date of redemption.
• No Cash Refunds: The scheme is strictly a gold advance purchase plan; balances cannot be disbursed as cash loans.

We reward committed savers with guaranteed value additions:

• Bonus Gold Weight: Qualifying customers receive an instant gold weight bonus based on the applicable savings tier and regularity of payments.
• Direct Weight Credit: The bonus is calculated and added directly as extra gold weight when you take delivery of your gold coins.

Your family's financial security is our highest priority:

• Nominee Nomination: Every account holder can register a nominee at the time of enrollment or update nominee details later with valid proof.
• Smooth Settlement: In case of any unforeseen event, the entire accumulated advance and eligible benefits will be transferred directly to the designated nominee.

The terms and conditions of the SLG GOLD savings programme are governed by and construed in accordance with the laws of India. Any disputes or claims arising out of or relating to this scheme shall be subject to the exclusive jurisdiction of the competent courts in Tamil Nadu, India.