"The gift card (“Gift Card”) is issued by IKEA India Private Limited (“IKEA”) for use by its customers solely for the purchase of products [and services] at IKEA stores in India.  It must be returned to IKEA upon request.

 

The bearer of the Gift Card is solely responsible for the safety of the Gift Card. IKEA will not be responsible for any acts of omission or commission if the Gift Card is stolen, lost or used without the permission of the person who purchased the Gift Card from IKEA.  IKEA can refuse to accept Gift Cards that are damaged or mutilated and cannot be used on a point-of-sale machine at the specified IKEA store.

 

The Gift Card cannot be used for withdrawing cash.  The Gift Card is non-negotiable.

 

The Gift Card will be valid for a period of one (1) year from its date of purchase. The validity of a Gift Card cannot be extended.  No new/ replacement Gift Card will be provided in lieu of the expired Gift Card.

 

Any unused balance in the Gift Card at the end of the one (1) year period will be forfeited.

 

The difference in price of IKEA products purchased with the Gift Card and the total balance on the Gift Card will remain as unused balance. Subject to these terms and conditions, the customer may use the Gift Card multiple times until the balance amount has been spent.

 

The amount in a Gift Card cannot be increased.

 

The Gift Card cannot be used to purchase other gift cards.  Value stored in a gift card cannot be transferred to another gift card.

 

The Gift Card cannot be redeemed for cash or credit at the IKEA stores.

 

IKEA reserves the right to cancel the Gift Card if it is found to be acquired fraudulently. In such cases, IKEA will credit the funds back to the same source from where the funds were received.

 

The Gift Card cannot be cancelled by the purchaser after it is purchased. Any cancellations will be at the sole discretion of IKEA.

 

These terms and conditions are governed by and construed in accordance with the laws of India. The parties agree to submit to the exclusive jurisdiction of the courts at Bangalore, India. The purchase of the Gift Card is subject to fulfilment of Know-Your-Customer (“KYC”) requirements stipulated by the Reserve Bank of India, the Government of India and other statutory authorities from time to time. The purchaser agrees to indemnify IKEA for all claims brought by a third party against IKEA and/or its affiliates arising out of or in connection with a breach of any of these terms and conditions.

 

IKEA does not make any warranties, express or implied, with respect to the Gift Cards, including, without any limitation, any express or implied warranty of merchantability or fitness for a particular purpose.

 

IKEA reserves the right to change these Gift Card terms and conditions from time to time in its discretion and without any prior notice to you. All the terms and conditions are applicable to the extent permitted by the laws of the Republic of India."