Jewellery firms such as PC Jeweller and Tanishq have announced cashback and discounts on select gold and diamond products on the occasion of Dhanteras and Diwali 2020. The cashback schemes launched by jewellers—including discounts on making charges could be a good demand booster, experts believe.
Here are some of the offers announced by the jewellery firms on the occasion of Dhanteras and Diwali 2020:
PC Jeweller is offering 5 percent cash back on minimum spends of Rs 30,000 (where maximum cashback can be up to Rs 5,000) on purchases done from its stores and website. This is valid only on Kotak and RBL bank debit and credit cards.
The jewellery firm is also offering 5 percent cash back on IndusInd bank credit cards, where no minimum spend is required.
Tanishq is offering up to 25 percent off on making charges on gold and diamond jewellery value.
Malabar Gold & Diamonds
Malabar Gold & Diamonds is offering up to 20 percent off on diamond value and 5 percent extra cashback on online purchases done with SBI credit card. The firm is also offering 'Take Home Free Silver' equal to the weight of gold jewellery purchase.
It is also offering advance booking facility by allowing customers to pay 10 percent price onwards and claims to get them protected from the rise in gold rate.
Joyalukkas is offering 1 gram free gold coin on purchase of diamond/uncut diamond jewellery worth Rs 1 lakh and above. It is also offering 200 mg of free gold coin on purchase of gold jewellery worth Rs 50,000 and above. These offers are valid till November 15 and are applicable across India except Kerala.