Diamond Growing Plan

It is a monthly diamond jewellery purchase plan where you pay 9.5 fixed installments, and KOHIRA adds a bonus reward 1.5 installment. It is explicitly not an investment, loan, or deposit.

You pay a fixed monthly amount for 9.5 months. In the 1st month, you only pay 50% of the installment (the other 50% is added by KOHIRA as a discount), and upon successfully completing all 9.5 installments, KOHIRA adds one full installment in the 11th month.

The minimum amount is 3,000 rupees per month.

Upon completing all 9.5 timely installments, you receive a total benefit equal to 1.5 installment.

The early redemption bonus structure:

• Fewer than 6 installments: 0% bonus (the initial 50% discount is reversed).
• 6 to 8 installments: 50% bonus (only the Month 1 discount is allowed).
• 9 installments: 100% bonus (Month 1 discount + 50% of the 11th-month discount).

There is a 7-day grace period for due dates. If you miss more than 2 installments on their due dates, the bonus reward is forfeited entirely, and you will only receive a voucher for the amount you actually paid.

No bonus applies; the initial 50% discount is reversed, and only the actual amount you paid is available to purchase jewellery.

No, the plan is not an interest-bearing scheme. The benefit is provided strictly as a discount on jewellery.

You can redeem the plan from the 11th month up to 365 days from your first instalment date.

Value not redeemed within this period lapses.

No, the plan value cannot be used to buy gold or silver coins, bullion, bars, or loose diamonds.

Yes, it can be combined with ongoing offers at the time of your final purchase.

No, this is not a price-lock plan. Final billing relies purely on the gold and diamond rates prevailing on the exact date of purchase.

Payments can be made via cash, card, UPI/QR, NEFT, or cheque, either remotely or directly at the showroom.

Resident Indian individuals who are 18 years and above.

A valid government-issued photo ID (such as Aadhaar, PAN, Passport, Voter ID, or Driving Licence) must be submitted within 30 days of enrollment.

No, the plan is strictly non-transferable and must remain in the registered customer's name.

Yes, you can register one nominee who can step in to redeem the plan if the enrolled member is unable to.

You can cancel at any time. If canceled early, you are only entitled to purchase jewellery with the actual amount you paid.

KOHIRA can cancel the plan for non-submission of ID, discrepancies, fraud, or a violation of terms. In such events, only the actual eligible amount paid is available for redemption, and all bonus rewards are denied.

You can enroll online through their website or physically at the showroom.

The complete terms and conditions are available at https://www.kohira.com/DiamondGrowingPlan/Tnc and at the showroom.