Pay 9 instalments. The 10th is on us.

Varniya Vault is a savings plan for diamond jewellery. You pay 9 fixed monthly instalments and Varniya adds the 10th on us — so you save towards a piece you love, backed by 126 years of Vummidi trust and IGI/GIA-certified diamonds.

After you complete 9 monthly instalments, Varniya adds a bonus to your accumulated value. On SOLITAIRE the bonus equals 1× your monthly instalment; on BRILLIANCE it's 2×. You then redeem the total against diamond jewellery.

Both run for 9 instalments. SOLITAIRE gives a 10th-month bonus equal to 1× your monthly amount; BRILLIANCE doubles it to 2× for the maximum value at maturity. You pick your plan when you enrol.

Your instalments always count in full toward your purchase, plus the Varniya bonus. The calculator shows an estimate that also reflects diamond price movement — if prices rise your value grows; a fall is borne at the time of purchase. All diamonds are IGI or GIA certified.

Tap "Start My Vault", pick your plan and choose your monthly amount — a minimum of ₹1,000, in multiples of ₹1,000, with no upper limit. Enrolment is open to individuals aged 18+ resident in India.

Your monthly instalment is fixed once your first payment is made and stays the same for the full plan. If you'd like to save more, you can open an additional Varniya Vault plan.

You can pay by UPI, debit card, credit card or net banking. Set up autopay for hassle-free monthly deductions, or pay manually each month. In-store cash payments are accepted subject to applicable limits.

You get a 7-day grace period. Delays beyond that can reduce your bonus proportionally, and a delay of 30 days or more may cancel the plan. A failed payment can simply be retried without penalty.

Your Vault matures once all 9 instalments are paid. You then have a 90-day window to redeem. Early redemption before maturity isn't available.

Redeem online at varniya.com, at our Gurugram flagship store, or during a try-at-home appointment — whichever is most convenient.

The full bonus applies to diamond and studded jewellery, including preset and loose solitaires. Plain gold and unstudded pieces are eligible too, but the bonus is limited to 30% of one instalment. Gold/silver coins and bars, digital gold, gift cards and repair charges are not eligible.

If your piece costs more, just pay the difference by card, UPI, net banking or cash. Your Vault must be redeemed in full in a single purchase — partial redemption isn't allowed, though you can buy multiple items billed together.

Yes — every instalment and your current balance are recorded in a digital passbook in your Varniya account, so you always know where your Vault stands.

Yes. You can add or update a nominee when you enrol or later from your account. In the event of the enrollee's demise, the nominee can redeem the value on submitting the required documents.

The plan can't be cancelled for a cash refund. If a plan is discontinued, the amount you've paid (excluding the bonus) is credited to your Varniya store credit, which you can use towards any eligible purchase.

Vault benefits can't generally be combined with other discounts, promotions or coupon codes. Some occasion-based coupons may be allowed at the time of redemption at Varniya's discretion.

Yes, you can run more than one Varniya Vault plan at the same time — perfect for a wedding, a milestone or a gift. Each plan is tied to the enrolling individual's account and is non-transferable.

Enrolment is open to individuals aged 18 years or above who are residents of India. Companies, partnership firms, proprietorships, trusts, Hindu Undivided Families (HUFs), NRIs and minors are not eligible. All payments must be made in Indian Rupees (INR) and must not be funded through borrowed money.

After you complete all 9 monthly instalments on time, Varniya adds a bonus to your redeemable value — equal to 1× your monthly instalment on the SOLITAIRE plan and 2× your monthly instalment on the BRILLIANCE plan. The bonus applies in full only on eligible diamond and studded jewellery (see "Eligible products & exclusions").

Where your monthly instalments total ₹19,000 or more across all active Varniya Vault plans, PAN details will be collected as mandatory KYC. Varniya may request supporting proof of identity, age or residence at any time.

You choose a fixed monthly instalment of a minimum of ₹1,000, in multiples of ₹1,000 (no fractional amounts), with no upper limit. Once your first instalment is paid, the amount stays fixed for the entire scheme and cannot be changed.

Instalments can be paid via UPI, Debit Card, Credit Card or Net Banking, subject to availability. Autopay can be set up for hassle-free monthly deductions, or you may pay manually. In-store cash payments are accepted subject to applicable limits under law.

A grace period of up to 7 days is allowed for a delayed instalment. Delays beyond the grace period may reduce your bonus proportionally to the delay. A delay of 30 days or more may result in automatic cancellation of the scheme.

A failed payment can be retried without penalty; Varniya is not responsible for failures caused by banks or payment gateways. All instalments and balances are recorded in a digital passbook available in your account.

The scheme matures on successful completion of all 9 instalments. Your redemption window is open for 90 days from the date of maturity. Early redemption before maturity is not permitted, and no benefit is payable on a partially completed scheme.

Redeem online at varniya.com, at our Gurugram flagship store, or during a try-at-home appointment. The accumulated value must be redeemed in full in a single transaction — partial redemption is not permitted, though you may buy multiple products billed together. If the jewellery value exceeds your accumulated value, you pay the difference by card, UPI, Net Banking or cash.

The plan cannot be cancelled for a cash, cheque or bank-transfer refund. If a plan is discontinued, the amount paid to date (excluding any bonus) is credited to your Varniya store credit, usable only for purchases on Varniya and not redeemable for cash.

The full 10th-instalment bonus applies only to diamond and studded jewellery — including diamond jewellery, studded gold and studded platinum, preset solitaires and loose solitaires. All diamonds are IGI or GIA certified.

Plain (unstudded) gold and unstudded platinum or gemstone jewellery are eligible for redemption, but the bonus is limited to 30% of one month's instalment rather than the full bonus. Your paid instalments always count in full toward the purchase; only the bonus portion is reduced.

Varniya Vault value cannot be used towards gold or silver coins and bars, digital gold, gift cards, or repair and making-only charges. It also cannot be exchanged for cash or transferred to another person.

Yes. Making charges, GST and other applicable costs are charged as per prevailing rates at the time of purchase.

Varniya Vault benefits are non-transferable and cannot be combined with other discounts, promotions or coupon codes unless expressly stated. Certain occasion-based coupons may be permitted at Varniya's discretion at the time of redemption.

You can add or update a nominee at enrolment or later through your account. In the event of the enrollee's demise, the nominee may redeem the accumulated value on submission of the required documents and subject to Varniya's verification.

Varniya may modify, suspend or discontinue the scheme at any time, as permitted by law; existing enrolments will follow the terms applicable at the time of enrolment. Value accrued reflects potential benefit if diamond or gold prices rise; Varniya is not liable for any loss arising from market price movements. These terms are governed by the laws of India and are subject to the jurisdiction of the courts of Gurugram.