Buy GOLD below market rate - 10% Discount on Gold Coins at AJIO on ICICI Credit Cards

[Deleted member 26954]

Currently Ajio is running a offer on ICICI credit cards wherein you can get 10% discount on gold coins (max Rs 1000)...Net cost is below market rate...You may take advantage

 

[BVCBVC is verified member.]

Arbitrage is GONE now...Today's IBJA rate is 71901 per 10 gm or 7190 per gm whereas ajio per gm rate after discount is 7521..It is loss making proposition now....RIP this method to earn 8% to 10% instant profit.

There was a deal last month where you were getting 5% upto 1000 off + 5%CB on SBI CB Card, that was a good deal. But now this offer is a loss making deal.

 

[Krishna Kumar]

There was a deal last month where you were getting 5% upto 1000 off + 5%CB on SBI CB Card, that was a good deal. But now this offer is a loss making deal.

Yes. I am not buying this time.

 

[navdeep22]

Arbitrage is GONE now...Today's IBJA rate is 71901 per 10 gm or 7190 per gm whereas ajio per gm rate after discount is 7521..It is loss making proposition now....RIP this method to earn 8% to 10% instant profit.

AU LIT credit card man

 

[Harsha896]

AU LIT credit card man

Yea only AU lit is good currently. If properly used all features. Will get around 18-19% discount/cashback combined

 

[sandesh]

Anyone here got gift voucher confirmation over email after placing the order? I've only received order confirmation email

 

[navdeep22]

will get around 1400 back on AULIT cashback and 100 paid via AJIO wallet so paid 18500 net (i.e. get 1500 extra back) for 2gm gold and 50gm silver
if we calculate MRP ratio we gold for 14131 and slver for 4368

so 1gm gold price will be 7065 + will get american tourister

PS: there will be actiavtion fee for feature, so i kind of balanced it will 10X rewards extra with AU card (seperate from 1400 back on AULIT cashback) will be around 200Rs

PPS: AUBANK and AJIO are saying loot lo humko, they are saying this from months. So please sab loot lo this time
PPPS: for Aubank lit credit card discount has been going from 6 months i guess and every month you can get 10% upto 1000 and these extra feature can also be used once a month as max cashback reached on most features

Thanks you

 

[jack333]

I use 24K for swapping at 22k Purchase for the Jeweler I have known for 15 years. He takes 24K at 24K market price only for me. If there is any difference after exchange I will pay him. This is not applicable for all, because I have known him from long time.

Did you get the purity of his jewellery checked from tanishq or other reputed store?

 

[BVCBVC is verified member.]

Did you get the purity of his jewellery checked from tanishq or other reputed store?

No, I haven't checked. But once I exchanged the jewelry bought on this on Joyalukkas and I got 22K purity exchange only.

 

[sandesh]

After placing order on ajio, you got gift voucher confirmation over email?

View attachment 68675
will get around 1400 back on AULIT cashback and 100 paid via AJIO wallet so paid 18500 net (i.e. get 1500 extra back) for 2gm gold and 50gm silver
if we calculate MRP ratio we gold for 14131 and slver for 4368

so 1gm gold price will be 7065 + will get american tourister

PS: there will be actiavtion fee for feature, so i kind of balanced it will 10X rewards extra with AU card (seperate from 1400 back on AULIT cashback) will be around 200Rs

PPS: AUBANK and AJIO are saying loot lo humko, they are saying this from months. So please sab loot lo this time
PPPS: for Aubank lit credit card discount has been going from 6 months i guess and every month you can get 10% upto 1000 and these extra feature can also be used once a month as max cashback reached on most features

Thanks you

 

[navdeep22]

After placing order on ajio, you got gift voucher confirmation over email?

Nope. But called customer care, they said they can see you are eligible for gift and will get email

 

[Riva]

Nope. But called customer care, they said they can see you are eligible for gift and will get email

If I have 2 orders of 20k, am I eligible for 2 gifts worth 8.5k each or is this 1 per ID?

 

[navdeep22]

If I have 2 orders of 20k, am I eligible for 2 gifts worth 8.5k each or is this 1 per ID?

Generally your first order is considered during the sale. As it was the rule last time. Please read terms and conditions for more info

 

[signior-x]

They removed all 1 gram coins purposefully.

Sad, I think as more and more people will start using, this offer is soon also gonna dimish.

 

[navdeep22]

Sad, I think as more and more people will start using, this offer is soon also gonna dimish.

Out of stock hoga bhai, aajyega

 

[ManojGowda]

I'm placing an order worth 21k and using Ajio vouchers worth 11k and then can I paying the rest using ICICI CC for 10% discount?
Will this work?

 

[Harsha896]

I'm placing an order worth 21k and using Ajio vouchers worth 11k and then can I paying the rest using ICICI CC for 10% discount?
Will this work?

If buying gold vouchers will not work

 

[akilmds]

https://www.ajio.com/whp-jewellers-...m-1-gm-yellow-gold-coins/p/600540763?user=old
https://www.ajio.com/p-n-gadgil-jew...llow-gold-vedhani/p/6005290500_multi?user=old

https://www.ajio.com/kundan-set-of-2-lord-ganesh--banyan-bars/p/6006577600_multi?user=old​

https://www.ajio.com/bhima-jewels-2-gm-1-gm-combo-gold-bars/p/6006727660_multi?user=old​

If you are looking to take benefit of the American Tourister trolley as a gift, you can consider buying the above 3-gram coins.

 

[Adith]

I use 24K for swapping at 22k Purchase for the Jeweler I have known for 15 years. He takes 24K at 24K market price only for me. If there is any difference after exchange I will pay him. This is not applicable for all, because I have known him from long time.

Do you still have to pay gst on the gold you get from swapping since taxes are already included in this gold coin purchase ?

 

[bigbyte]

Do you still have to pay gst on the gold you get from swapping since taxes are already included in this gold coin purchase ?

Yes you have to pay GST.

 

[pjain2712]

Has anyone received reward confirmation email once order is placed?