Kalyan Jewellers to offer UPI payment option to customers

Kalyan Jewellers to offer UPI payment option to customers

October 10, 2017: Kalyan Jewellers, India’s trusted and leading jewellery brand has announced a partnership with State Bank of India to provide UPI-based payment option to its monthly installment scheme (Dhanvarsha) customers. Customers of Kalyan’s Dhanvarsha Priority gold and Dhanvarsha Priority diamond schemes can now make monthly payments using UPI interface. UPI facilitates instant fund transfer between the two bank accounts on the mobile platform. Kalyan Jewellers is the first jewellery company to tie-up with SBI for UPI payment option.

T.S.Kalyanaraman, Chairman and Managing Director, Kalyan Jewellers said, ‘’Kalyan Jewellers is delighted to partner with State Bank of India to offer the UPI-based payment option which is convenient and offers a simple and instant fund transfer facility to our customers. Kalyan Jewellers is at the forefront of digitization and is leading the way to usher transparency in the organized jewellery sector. This is in sync with the larger initiatives of the government of India to accelerate the transition to a digital economy.’’

Kalyan’s Dhanvarsha Priority customers can make use of other payment options such as Cheque, debit cards, credit cards and PayTM apart from UPI payment option.

About Kalyan Jewellers

Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is the largest jewellery manufacturer distributor in India. The company leverages its strong roots, of over a century, in the business of textile trading, distribution and wholesaling.

Starting with the first jewellery showroom in 1993, Kalyan Jewellers has enjoyed a long-standing presence in the market of over two decades. It has set industry benchmarks in quality, transparent pricing and innovation. Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds and precious stones catering to the distinct needs of the customers. Today, Kalyan Jewellers has 116 showrooms across India and West Asia. Kalyan Jewellers continues to adhere to the founding principles of its forefathers of pursuing fair and ethical business practices.