Buy Back policy w.e.f. 18th May 2006

1. The customer is required to produce the bill & certificate for availing buy back policy else the discretion whether to buy back or not and the rates applicable, lies with LBMPL
2. The condition of the jewellery has to be reasonably good to avail the buy back facility
3. Amount equivalent to Sales Tax / Vat paid will be deducted and cannot be refunded or adjusted
4. If the payment is made by Credit Card, 2% of the amount of the bill has to be deducted
5. Making charges and melting losses will not be deducted if the condition of jewellery is good
6. After deducting the tax and credit card charges (if any), the balance of the billed amount can be adjusted in the purchase of new Diamond Jewellery of the same or Higher value.
7. In case the customer insists on getting the current purchase rates of Gold and Diamonds, the same could be made applicable after deducting the making charges (@ 10% of Billed Value).

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1. The customer is required to produce the bill & certificate for availing buy back policy else the discretion whether to buy back or not and the rates applicable, lies with LBMPL
2. The condition of the jewellery has to be reasonably good to avail the buy back facility
3. Amount equivalent to Sales Tax / Vat paid will be deducted and cannot be refunded or adjusted
4. If the payment is made by Credit Card, 2% of the amount of the bill has to be deducted
5. Making charges and melting losses will not be deducted if the condition of jewellery is good
6. After deducting the tax and credit card charges (if any) , 95% of the balance of the billed amount can be adjusted against purchase of Pure Gold or 22 Kt Gold jewellery studded with stones/Pearls/Corals etc. other than Diamonds of the same or Higher value.
7. In case the customer insists on getting the current purchase rates of Gold and Diamonds, the same could be made applicable after deducting the making charges (@ 10% of Billed Value)..

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1. The customer is required to produce the bill & certificate for availing buy back policy else the discretion whether to buy back or not and the rates applicable, lies with LBMPL
2. The condition of the jewellery has to be reasonably good to avail the buy back facility else making charges will be deducted
3. Amount equivalent to Sales Tax / Vat paid will be deducted and cannot be refunded or adjusted
4. If the payment is made by Credit Card, 2% of the amount of the bill has to be deducted
5. Making charges and melting losses will not be deducted if the condition of jewellery is good
6. After deducting the tax and credit card charges (if any) , 90% of the balance of the billed amount can be refunded in cash.
7. Current purchase rates of Gold will NOT BE APPLICABLE FOR CASH BACK.

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1. The customer is required to produce the bill for availing buy back policy else the discretion whether to buy back or not, and the rates applicable, lies with LBMPL
2. Stones, Pearls, Corals, etc cannot be bought back. They have no resale value. However the customer can be advised to use the same in new jewellery ordered.
3. Making charges will be deducted and cannot be refunded or adjusted.
4. Amount equivalent to Sales Tax / Vat paid will be deducted and cannot be refunded or adjusted
5. If the payment is made by Credit Card, 2% of the amount of the bill has to be deducted.
6. Amount equivalent to Net wt of Gold, less melting losses (Ghat) as evaluated by us, at the current gold purchase rate can be refunded or can be adjusted against purchase of new Jewellery