Bluestone offers a variety of payment and financing options for customers they purchase jewellery.
Recognising the need for flexibility in payment methods, the retailer aims to accommodate a wide range of budgets and preferences.
You can see Bluestone’s page about financing options here, or we’ll also provide a plain-English summary in this article.
Bluestone Finance Options
Gold Mine 10+1 Monthly Instalment Plan
Bluestone offers a savings plan called the Gold Mine 10+1 Monthly Instalment Plan, designed to help you save over 10 months, with a special benefit in the 11th month. The minimum monthly instalment is ₹1,000, and you can pay in multiples of ₹100. Over 10 months, you make equal payments, and in the 11th month, you receive a discount equivalent to the value of your first instalment. This effectively means you get 1.25 instalments free, which is an 11.36% discount on your jewellery purchase.
To subscribe to this plan, you must be 18 years or older and a resident of India. It’s important to note that this plan is non-transferable. However, if the subscriber passes away, a nominated person (a family member) can continue the plan. Payments can be made either online or at any Bluestone store, and after 10 timely payments, your plan will be automatically redeemed in the 11th month. A voucher, which is valid for 7 months, will be issued to you. This voucher can be used to purchase diamond-studded, gemstone-studded, plain gold, or preset solitaire jewellery, but it cannot be used for coins or individual solitaires.
If you miss more than two instalments, you won’t be eligible for any discount. The total amount paid will be converted into a voucher of the same value without any additional benefits. If you wish to redeem your plan early, you can do so from the 6th month onwards, but the discount will be less than the full benefit.
If you decide to cancel your plan, you’ll receive a voucher for the amount you’ve paid. Unfortunately, Bluestone doesn’t offer cash refunds. This voucher can only be used for the specified jewellery categories and must be used within 7 months of issuance.
Bluestone Payment Options
Bluestone provides a range of payment options for your convenience. You can make payments online using credit cards, debit cards, net banking, or UPI. For those who prefer, payments can also be made in-store. The flexibility to pay both online and offline is particularly helpful for subscribers of the Gold Mine 10+1 Plan, as you can manage your instalments in the way that suits you best.
Once your Gold Mine plan reaches maturity, a voucher will be sent to you via email and SMS. This voucher can then be used for purchases either in-store or online. It’s worth noting that this voucher has a seven-month validity period, so be sure to use it within that timeframe.
Other Things You Should Know About Bluestone’s Financing Options
Bluestone’s financing options come with some specific details that you should keep in mind. For instance, you cannot change your instalment amount after enrolling in the Gold Mine 10+1 Plan, and you won’t be able to block gold prices or product offers at the time of starting the plan. The plan also doesn’t allow for cancellation in exchange for a cash refund. However, the amount you’ve paid can be used towards jewellery purchases as a voucher.
The Big Gold Upgrade Programme is another feature to consider. If you have old gold jewellery, you can exchange it for Bluestone jewellery, with benefits like an additional 2% over the current market rate for gold exchanges exceeding 10 grams within a year. This programme is limited to plain gold items, and once you’ve exchanged your gold and the value is credited to your Bluestone account, the old gold cannot be returned to you. The exchanged value is stored as Blue Credits in your Bluestone account and must be used within one year for jewellery purchases, excluding coins and solitaires.
The True Blue Loyalty Programme offers additional discounts and benefits. You can join this programme in-store, and it allows you to apply benefits up to three times within a year. The loyalty benefits do not cover coins or solitaires, similar to the Gold Mine 10+1 Plan, and any discounts offered through this programme can be combined with ongoing discounts and vouchers.
In terms of tracking and order management, while Bluestone’s website didn’t detail international shipping, you can monitor your Gold Mine Plan details and other order statuses through your online passbook. This feature allows you to see instalment amounts, due dates, and voucher status, making it easier to manage your plan and purchases.
Understanding the specifics of Bluestone’s financing and payment options can help you make the most out of their offerings. By keeping these details in mind, you can effectively plan your jewellery purchases while taking advantage of the various benefits available through their programmes.
Where to apply for Bluestone financing
Learn more and apply at on the Bluestone website here
