Dear Readers,
I was in need of money very urgently. I have arranged
maximum of the amount I was needed, but was short of some Rs. 50000/-. I did
not have any other option than selling my gold chain which was purchased from
Chemmannur Jewelers, a year back. I approached JOSCO jewelers to sell the same,
but they informed that “no jeweler buys gold ornaments which has purchased from
a different jewel shop, but can be exchanged. JOSCO jewels can be sold in JOSCO
with Rs. 25/- less per gram from the current gold rate. (Eg:- current gold rate
per gram is Rs. 3000/-, but they buy from us for Rs. 2975/ gram).
For more clarification I have referred “Malayala
Manorama” news paper and found in “Today’s Market rate” column that, the old
gold rate is just Rs. 25/gram less than the current gold rate. Being a happiest
person, I went to chemmannur and said to the Manger that I came for gold selling.
I was shocked to hear his reply that, we don’t buy back gold even though you
have purchased from us. I tried arguing with him but could succeed. But he
said; “if you want you can pledge the gold with us for Rs. 1800/- per gram but
the interest rate high. I lost my control, and started shouting at him badly
and tried closing the shop. Eventually, he called someone on phone and came
back to me saying that, we will buy back the gold with one condition. We will
deduct Rs. 30/ gram and 3% from the total weight of gold. I tried arguing with
him referring the news paper and JOSCO statement, but he was stubborn in his
statement.
I did not have any choice other than selling the gold to them with huge pain in my heart. He gave me a Cheque of Rs. 59669/-. But I decided, never ever buy gold from Chemmannur jewelers and thought to share my agonies with all of you. It may help you to avoid further inconvenience with these kinds of cheaters.
This is my life time ever bad experience I had
to face in Chemmannur jewelers. I am sharing this blog with all you readers,
making you understand these guys are pure cheaters. Before I go to the details
of the incident, requested you to check the gold rates in different jewelry
shops in Bangalore
I was in need of money very urgently. I have arranged
maximum of the amount I was needed, but was short of some Rs. 50000/-. I did
not have any other option than selling my gold chain which was purchased from
Chemmannur Jewelers, a year back. I approached JOSCO jewelers to sell the same,
but they informed that “no jeweler buys gold ornaments which has purchased from
a different jewel shop, but can be exchanged. JOSCO jewels can be sold in JOSCO
with Rs. 25/- less per gram from the current gold rate. (Eg:- current gold rate
per gram is Rs. 3000/-, but they buy from us for Rs. 2975/ gram).
For more clarification I have referred “Malayala
Manorama” news paper and found in “Today’s Market rate” column that, the old
gold rate is just Rs. 25/gram less than the current gold rate. Being a happiest
person, I went to chemmannur and said to the Manger that I came for gold selling.
I was shocked to hear his reply that, we don’t buy back gold even though you
have purchased from us. I tried arguing with him but could succeed. But he
said; “if you want you can pledge the gold with us for Rs. 1800/- per gram but
the interest rate high. I lost my control, and started shouting at him badly
and tried closing the shop. Eventually, he called someone on phone and came
back to me saying that, we will buy back the gold with one condition. We will
deduct Rs. 30/ gram and 3% from the total weight of gold. I tried arguing with
him referring the news paper and JOSCO statement, but he was stubborn in his
statement. 
I did not have any choice other than selling the gold to them with huge pain in my heart. He gave me a Cheque of Rs. 59669/-. But I decided, never ever buy gold from Chemmannur jewelers and thought to share my agonies with all of you. It may help you to avoid further inconvenience with these kinds of cheaters.
Kindly think 100 times before you enter CHEMMANNUR JEWELERS.
Regards,
Dinesh.S
