Exchange Policy
# Exchange Policy
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Exchange Policy | Patel Jewellers
There will be no "Buy-Back / Return Policy" for Gemstones,
Gold Bullions and Silver Bullions.
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Exchange Policy
Lifetime Exchange & Buy-Back Policy
Lifetime Exchange & Buy-Back Policy
- Patel Jewellers offers its existing customers a Lifetime Exchange & Buy-Back Policy on eligible purchases made within India.
- The product can be returned or exchanged on the basis of its current market value, with deductions towards necessary applicable charges.
- Any discount or free gift received at the time of purchase from Patel Jewellers will be deducted from the applicable exchange or buy-back value.
Immediate Exchange
| Product | Exchange Policy |
|---|---|
| Diamond | Exchange within 14 days on full invoice value |
| Gemstone | No Exchange |
| Non Studded | Exchange within 14 days on full invoice value |
| Bullion - Gold | No Exchange |
| Bullion - Silver | No Exchange |
| Silver | Exchange within 7 days on full invoice value |
| Silver Articles | Exchange within 7 days on full invoice value |
| Solitaire | No Exchange |
Terms & Conditions
- The cost of courier and handling charges will be borne by the customer.
- There will be no "Immediate Exchange Policy" for Silver Bullions.
Lifetime Exchange
| Product | Exchange Value |
|---|---|
| Diamond | 90% of current market value |
| Gemstone | No Exchange |
| Non Studded (Diamond) | 90% of current market value |
| Bullion - Gold | No Exchange |
| Bullion - Silver | No Exchange |
| Silver Articles | 80% of current market value |
| Solitaire | No Exchange |
Terms & Conditions
- Return shipping and insurance will be borne by the customer.
- The cost of certification shall be borne by the customer if the customer has lost the original certificate.
Lifetime Buy-Back:
Lifetime Buy-Back is an advantage of being a loyal customer of
Patel Jewellers, wherein you may receive the applicable exchange
value for the product purchased, subject to deductions towards
applicable charges and discounts.
- Exchange of the product will be subject to verification of the product and its condition.
- The product exchanged should always be at a higher value.
- If a product shows signs of rough use or damage after delivery, Patel Jewellers reserves the right, based on quality inspection, to revise the applicable Buy-Back amount.
- Gemstones will not have any exchange value.
Immediate Buy-Back
| Product | Buy-Back / Refund Policy |
|---|---|
| Diamond | Refund within 14 days on full invoice value |
| Gemstone | No Buy-Back |
| Non Studded | Refund within 14 days on full invoice value |
| Bullion - Gold | No Buy-Back |
| Bullion - Silver | No Buy-Back |
| Silver Jewellery | Refund within 7 days on full invoice value |
| Silver Articles | Refund within 7 days on full invoice value |
| Solitaire | No Buy-Back |
Terms & Conditions
- Product Certificate and original/copy of invoice are required.

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