• KMK gold traders will only accept jewellery/bullion items which belong exclusively to the seller.
• Once the gold/ornaments is/are sold to KMK gold traders, the KMK gold traders gets absolute rights to sell, transfer, assign and securitize all the rights and titles on the gold/ornaments to other individulas/entities/ comapany or firm, or to borrow/take loan by creating charge on it.
• The value of gold/ornaments will be determined, only after physically examining the purity and weight of the gold/ornaments by an authorised valuator at out store.
• Sale proceeds received from KMK gold traders shall not be used for any anti-national/criminal or anti-social activities by the customer. KMK gold traders shall not be held liable for the way the money was spent.
• In cases, where the sold gold/ornaments are found to be known has theft/stolen or spurous article/ornaments, then the customer or his/her legel representative shall be held solely responsible for all the consequences including criminal/legal liability, losses, damage and repayment of the entire amount with intrest and(or) compensations to KMK gold traders including legal costs.
• KMK gold traders reserves the right to accept or reject the application and/or offer without any explanation
• After melting the ornaments/gold and while checking the pruity and weight, if purity or weight differ from was estimates, the customer will incur the loses as well as the transaction charges.
• Ornaments/gold once sold to KMK gold traders by the customer will no be returned back under any circumstances.
• KMK gold traders uses internationally renowned XRF technology carat checking machine to ascertain the purity of the ornaments/gold offered by the customers for sale. Purity reading may differ based on checking/examination methodology of the gold/ornaments.
• If required, KMK gold traders might perform other examination procedures to confirm the purity. These procedures include acid test salt test and or any other prevailing test(s).
• After signing the declaration the customer gives KMK gold traders the rights to cut, dismantle and melt the ornament/gold(if necessary) before testing and finalising purity.
• Weight of any material other than gold, shall be deducted before arriving at the acutal weight.
• If need the KMK gold traders reserves the right to conduct a physical/telephonic verification in order to establish the credibility and ownership of the ornament/gold.
• Transactions shall be denominated in Indian rupees(INR) only.
• KMK gold traders shall be taking biometric details of the customers for record which shall be kept confidential.
• The value will be based on the market price of 24 carat gold which is subject to fluctuations during the day. For lower purity, the price shall be calculated based on the exact purity shown by the internationally renowned XRF carat cheking machine.
• Customer 18 to 21 years of age need submit;
  A. His/her ID and address proof.
  B. Written consent from their legal guardian(father/mother/husband/wife).
  C. Guardians ID and adress proof.
  D. One photograph of each person.
  E. Photo copies of all the above duly signed by the applicant and legal guardian.
• By signing these terms and conditions, customer agrees to make good the losses(if any)to KMK gold traders, in case post release of the ornaments/gold based on customer's request, if the
• total marketable price/value of the ornaments is/are lesser then the amount settled by KMK gold traders due to what so ever may be the reasons, then the customer undertakes to reimburse the amount settled by KMK gold traders while releasing the ornament from the financer with 5% marging on the total market value of the ornaments ascertained by KMK gold traders.
• All the disputes arising out of this transaction shall be settled by binding arbitration within the jurisdiction of Hyderabad.