1. An initial security deposit of Rs.50000/category, will be made from us, which further can be increased according to the sale from the merchant, and is applicable only to merchants having 4 or more than 4 branches.
2.Credit limit is of 2 - 30 days after receiving the product, when the credit period ends, the seller will be given his amount, irrespective the product is sold out or not.
3.If the product is sold and delivered to the customer earlier than the credit period the merchant will receive the payment the same day itself, along with his commission.
4.If the amount is not paid at the end of the credit period, it will be deducted directly from the total security deposit until the security deposit gets depleted, after which the purchase shall be stopped from the merchant, until the security deposit and the pending dues are settled.
5.Per day purchase limit will be set by BuyBackMart and can be changed as and when required, moreover the merchant will be informed a day before making the change.
6.Prices of all products are constantly updated, but prices at the time the product is sold out by the merchant online are not subjected to change until he has been given his full amount from us.