flexi-tenure

Pay only for the duration you have rented it. Choose any tenure that suits you better but you can return it even before finishing your tenure.

 

 Month of closure  1-3  3-5  6-10  11 & more
 Applicable rent as per tenure  Full 3 months rental due  3 months rent  6 months rent  11 months rent

 

For instance, if you rent an Appliance Combo for 11-month tenure @ Rs 1429/month, and return it in the 5th month,

you don’t have to pay for 12 months. Your ‘Applicable tenure rate’ would be for a 3 months tenure (@ Rs 1749/month). So, at early closure of 5 months :

You have already paid =  Contract tenure rent x 5 months = 1429 x 5 = Rs. 7145 &

You just need to pay (Actual tenure rent – Contract tenure rent) * No. of months till date, which is, (1749 – 1429)*5 = Rs 1600 difference

 and not the full amount i.e. – (Contract tenure rent x remaining tenure) = 1429*6= Rs.8574. Thus you save Rs.6974.