The online jewellery world is sparkling with Akshaya Tritiya offers. There are discounts, there are cashbacks and then, there are price protection schemes too. Amidst such bedazzling offers, where some of them even seem too good to be true, a little of due diligence can help you grab the best deal.
Admit it, you feel like screaming from the rooftop when you get the best deal on your favourite things and nothing like it, if something as precious as gold jewellery, bullion or diamond trinkets, falls on your lap at its minimum market value. So clear your throat, it’s time to scream! Exploring the dazzling world of online jewellery stores that’s brimming with discounts, schemes and cashbacks, on account of Akshaya Tritiya, we have reviewed some oh-so attractive deals, including the fine print and listed some of the handy tips to help you bag the best deal.
SMART BUYING TIPS:
COINS WITH NO MAKING CHARGE:
Many brands are offering gold coins with zero making charge. Others who are levying a making charge are promising to adjust the making charge against future jewellery purchase. So if you do not intend to buy jewellery anytime soon, it makes more sense to buy gold coins without any making charge.
PRICE PROTECTION VALIDITY:
Many brands have introduced gold price protection plan during the lockdown period. But before you settle for it, check the validity period of the gold price protection plan. Some are for a very limited period while others are longer. Choose carefully according to your buying plans as the gold protection will be applicable for the limited period only.
PROTECTION FROM RISE AND FALL
Many brands are not offering protection against downward revision, so it may not be advisable to buy from them as you stand to lose if the price drops in future. So check out the fine print very carefully.
PROTECTION FOR ONLY JEWELLERY
If you book now and take delivery later post lockdown, make sure the protection plan is for gold in any form. Some brands are offering the protection only if you buy 22kt jewellery and not gold coin.
PROTECTION AND DISCOUNT:
Besides the protection against gold price fluctuation, check out the discounts. There are making charge discounts on diamond jewellery as high as 100 per cent and gold even up to 50 percent. But make sure the diamond is certified and gold is hallmarked. Also check the exchange and resale policy of the store.
GOLD RATE ONLINE AND OFFLINE:
We observed that few brands have two different rates; the online rate differs from the store rates. It may be advisable to understand if the differential gold pricing works in your favour before buying from either of the channels.
OFFERS EXTENDING BEYOND AKSHAY TRITIYA:
In case you miss out buying on or before the auspicious day, don’t lose heart. Many brands are offering discounts and price protection on purchase till the end of the month.