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Buy Back Policy
- This buyback policy is applicable on the jewellery, solitaire diamond or gold coin after 14 days of purchase from www.malabargoldanddiamonds.com.
- Buy back can be done by returning the product to the registered address of www.malabargoldanddiamonds.com or by visiting & returning the product at any of our stores.
- The Buyback policy is based on giving the fair value of jewellery and solitaire diamonds. The benchmark rate at the store will be applicable.
- Below table can explain the details of buyback
| Product Type | Buyback Value |
| Gold Jewellery | 96% value of benchmark gold rate |
| Diamond Jewellery | 96% value of benchmark gold rate and 80% Diamond Value, after deducting discount given (percentage) at the time of purchase |
| Era or Uncut Jewellery | 96% value of benchmark gold rate & 70% invoice value of uncut diamonds |
| Precia or Precious stone Jewellery (Ruby, Emerald, Sapphire) | 96% value of benchmark gold rate & 70% invoice value of precious stone |
| Solitaire Loose diamonds only | 80% prevailing market value of solitaire diamond subject to maximum of Rs. 10 lakhs. After deducting discount given (percentage) at the time of purchase |
| Solitaire diamond studded jewellery | 80% prevailing market value of solitaire diamond subject to maximum of Rs. 10 lakhs. After deducting discount given (percentage) at the time of purchase. 96% value of benchmark gold rate & 80% value of diamond, after deducting discount given (percentage) at the time of purchase |
| Platinum Jewellery | 100% value of benchmark platinum rate and 80% of diamond value |
| Gold Coins | 96% value of benchmark gold rate |
| Making Charge, Other stones and taxes | Buyback is not applicable |
The buyback policy is subject to the approval of our Quality check team. Malabar Gold and Diamonds reserves the right to calculate the buyback amount of the product depending on the final evaluation by our quality check team.