PRICING AND PAYMENTS

As a seller, you will set the price of your products.

The following deductions are made from the order item value:

  • Commission fee: A percentage of the order item value vary based on vertical/sub-category 

  • Shipping fee (calculated on the basis of the product weight, shipping location and )

  • Collection fee: This will vary based on order item value and customer payment mode (Prepaid/Cash on Delivery) 

  • Fixed fee: A slab wise Fixed fee. This vary based on Order item value

  • GST (applicable on all of the above components)

Commission fee is a certain percentage of the order item value of your product. It differs across categories and vertical/sub-categories.

Here’s an easy example, which illustrates a sample the above calculation:
ITEMAMOUNT (RS.)
Selling Price (decided by you)1500

Commission Fee (varies across sub-categories/verticals)

150 ( assuming 10% )

Shipping Fee (Local shipping , weight 500 grams)

35

Collection Fee ( 2 % on the Order item value)

30
Fixed Fee40
Total Marketplace Fee255

GST ( 18% on Marketplace fee deduction)

45.09
Total deductions300.09
Settlement Value (Amount credited to you)1199.91

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All payments are made through NEFT transactions (online banking). The payment is made directly to your bank account within the next 7-15 business days from the date of order dispatch. It’s 7 business days for Gold Sellers, 10 business days for Silver Sellers and 15 business days for Bronze sellers.