- The plan is open to individuals aged 18 years and above.
- A valid mobile number and basic customer details are required at the time of enrolment.
- House of Quadri reserves the right to request identity verification, if required.
HOQ 11
How It Works?
Choose Your Monthly Plan
Select the monthly contribution that works best for you.
Build Towards Your Goal
Build your jewellery fund through consistent monthly contributions.
Redeem Your Savings
Complete your plan and receive an additional month contribution from us. Redeem against the jewellery you love.
Start your 10+1 plan
Your Jewellery Fund
10 months of saving. 1 free.
You can discontinue your plan anytime after 6 months.
If you discontinue after completing at least six installments, but before maturity, you'll receive 50% of the maturity benefit, which you can redeem as store credit.
Designed for you
The HOQ Eleven
FAQs
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Ask us directlyWhat is the House of Quadri Savings Plan? How does it work?
The House of Quadri Savings Plan is a monthly jewellery savings plan that helps you set aside a fixed amount every month towards your next jewellery purchase. Upon successful completion of the plan, House of Quadri adds an additional month's contribution as a maturity benefit.
Can I change my monthly contribution after joining?
No. Once your plan is enrolled, the monthly contribution amount cannot be increased or reduced.
What happens when I complete all 10 monthly contributions?
After successfully completing all 10 monthly contributions, House of Quadri will add one additional month's contribution as your maturity benefit. Your total accumulated value can then be redeemed towards your jewellery purchase.
Can I discontinue my plan before completion?
Yes. You may discontinue your plan at any time after 6 months. Your accumulated contributions remain available to redeem against jewellery, subject to the applicable scheme terms.
What happens if I discontinue my plan after six months?
If you discontinue your plan after completing at least six monthly contributions but before completing all 10, you will receive 50% of the maturity benefit in addition to your accumulated contributions.
What happens if I discontinue before completing six months?
You can still redeem the amount you have contributed towards your jewellery purchase. However, the maturity benefit will not be applicable.
When can I redeem my plan?
You can redeem your accumulated value once your plan has matured. The redemption must be completed within 180 days from the date of maturity.
How is the price of the jewellery calculated?
The final price of the jewellery will be based on the prevailing gold rate, diamond value, making charges and applicable taxes on the date of your purchase.
Can I purchase jewellery worth more than my accumulated value?
Yes. If the value of the jewellery you choose is higher than your accumulated plan value, you can simply pay the balance amount at the time of purchase.
What happens if I miss a monthly contribution?
If you miss a monthly contribution, you'll have a grace period of 7 days from the due date to complete your payment.
Can I add a nominee to my plan?
Yes. You may nominate an individual at the time of enrolment or by requesting an update later.