Kalyan Jewellers — Kalyan jewellers king of fraud

Address: 400074

People like us get lured by the big names and investment schemes. However, beware of what these cheats tell you and what actually you get.

This is what happened,

We had invested in this 11 month gold purchase scheme wherein we are supposed to select a necklace and at the end of 12 months, which is the maturity period you get some discount on the making charges. Now, were you made aware that you need to reconfirm the necklace after 8 months of the start of this scheme. And well, they don't care to call and remind you of this reconfirmation period, but they do care to remind you about the missing monthly payment. So, finally at maturity when you are all set to realise your investmentvyou have to go through a horrid experience. When you reach there you are greeted with the most unprofessional guys, who really don't give a damn about you. Next, they tell you since you did not come and reconfirm at the end of 8 months, which is clearly mentioned in the terms and conditions of the agreement you are not eligible for the discount, which was mentioned at the start. So, if you actually want the discount, you have to order the same necklace and wait for another 30 days for the order to be delivered. Now, you decide to go for some other necklace and I don't know how they calculate the discount which is being offered to you and the customer service executive keeps talking about your eligibility for the same discount on purchase of any other item on display. Again, there is a lot of calculation that is involved and finally they give you some discount and you accept it and go for billing. Here, at the billing counter you are told that there was some miscalculation and we missed adding 1 hm to the grand total and you have the pay for the same. That too is agreed upon. So, finally you go to the collection counter where this guy writes 55.88gm and at the time of weighing the actual weight is 55.86gm. On confronting this guy says there is some air around and it might make a difference in the weight. However, on persisting this guy gives you 60 rupees for the difference in the weight but does not change the weight in the final bill.

Please do not get into this scheme. Beware of KALYAN Jewellers. These guys are fraudsters. They will dupe you of your hard earned money. Check the weight of every item that you purchase from them.
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I too agree. And adding 1 more point that the rate of gold at the time of staying scheme is very low 27K, but today it is 31600. As agreed that they will give you gold rate at the time of scheme purchase... but they don't give it
I also agree with this.
I had started a gold scheme last year around may 2016 and the Kalyan jewellers said that they will pay to he same amount for 12th month and I need to pay 11 months. So when I visit them in 11th month they say I have to purchase the item within 15 days after the scheme matures, n they said I could purchase in any store. My parents were not happy with this and so I went again next day and they said that I can purchase within 30 days and if I don't like anything then they will give me gold coins. Now just because of this my mum had to travel and came along to purchase something after the scheme matures and they denied to give me gold coins, I tried the koramangala and commercial street stores.
Again next day went to koramangala store and finally liked something and then they say they are adding only 70% of the amount we paid in a month and that would be, I paid 5k every month and they were supposed to add 5k in the 12th month but in turn they added only 3k and they argued with me saying that is how the scheme was and I could have confused. Again my mum was angry for trusting me on this. I get back to my place and discuss this with my friend who was with me when I started my gold scheme and then she scolds me for not telling her about this initially and then she showed me the paper where they had written down to explain the scheme before I started it and then I realize I was not confused, they had to pay 5k not 3k..
But I already purchased the jewellery.
So much for such a big brand name, they dont even know the specifications or any details about all these and moreover they scam people.. having a big name in the country they are still not satisfied with the money they make and are craving for more
.I will never recommend nor purchase anything from Kalyan . The worst experience ever.
It may not be my money that I lost, but it was something I was promised for, and it was my first saving as I started working.. so I started this with some hope but they made it hopeless

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    +91 48 7243 7333
    Kalyan Jewellers Address
    TC 32 / 204 / 2, Sitaram Mill Road, Punkunnam, Thrissur, Kerala, India - 680002
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