These three milestones stages will be applicable to all seller services. Customer need to pay these amount on times to avoid any delay in delivering product/services. For any delay in rendering of the services customers will be the themselves liable to bear late delivery of product or services. UEPAKI will not be responsible for any such grievances, however UEPAKI will time to time send reminder mails for timely payment.
1. Kindly note: sellers on successful completion of 1st milestone will be getting 20% of the amount charged from customers at every milestones. For e.g. If UEPAKI is charging 30% from Customers at first milestone then sellers will be getting 20% of those 30%. Rest amount will be held in Safety Deposit Account. (However If sellers want any amount which they require to get the project done then amounts can be claimed by raising invoicing to customers and get it approved. Admins on getting confirmation from customers end will then be able to transfer the needed amount).
2. If not approved by customers, then at the completion of next milestone sellers will be getting the left 80% during the first milestones plus 20% of the amount charged from customers during the second milestone. Sellers can again raise the invoices to customers and submit the approved invoices to UEPAKI. This process will be followed at successive milestones. This is done on account of limiting sellers withdraw from the project and causing customer dissatisfaction. UEPAKI will be deducting a commission of 10 % at every milestones for the services rendered.
3. We understand it might be unjustified to ask undergraduates & struggling sellers to submit security amount at the very first but since we don’t discriminate. On the other hand customer’s safety do matters. Therefore, in order to avoid sellers withdraw from the project in between or any grievance we will be holding a 10% amount from sellers first and successive projects, a max amount of INR 20000 to be kept as security deposit with us. The same will be handed over without any deduction when the seller cancel his/her registration with us.