As a Kharidee vender, we understand the significance of timely payments for the success of your business, and we are excited to share details about our swift payment procedures.

Our payment cycle begins promptly when your product is scheduled for dispatch. This ensures that your payments are set in motion right from the moment your product is prepared for delivery.

At Kharidee, we take pride in our commitment to expeditious payment processing. Anticipate receiving your payment in as little as 7* days from the initiation of the payment cycle. This accelerated timeline is designed to facilitate a seamless cash flow for your business.

Rest assured that the transfer of your funds is conducted with the utmost security. Payments are securely and directly transferred to your registered bank account, providing you with peace of mind and minimizing any potential risks associated with financial transactions.

Maintaining transparency is key. Kharidee fees are deducted conscientiously before the payment is transferred to your account. You can easily review these deductions in your payment statement, ensuring clarity regarding associated costs.

Commission Fee Overview

The Commission Fee is a percentage-based fee determined by the category under which your product is listed for sale on Kharidee. Each category comes with a specific range of commission rates that are applied to the final selling price of the product. This fee is a vital component of our partnership, contributing to the maintenance and growth of the platform

It's essential to note that the Commission Fee is subject to change based on various factors, including market conditions, the vendor ecosystem, demand fluctuations, and other market dynamics. This adaptability allows us to stay responsive to the evolving needs of our platform and vendors.

To obtain the most accurate and up-to-date information on the commission rates applicable to your products, we recommend logging into your Kharidee vendor account. By accessing your account, you gain real-time visibility into the specific commission rates that apply to your products, ensuring transparency and accuracy in your financial transactions.

Kindly be aware that the details furnished earlier are grounded on the prevailing standard rate card and are liable to modifications. To ensure you have the precise and current information regarding commission fees for your sales, we encourage you to log into your Kharidee vendor account. By accessing your account, you can remain informed about the exact collection fees that pertain to your individual transactions.

Shipping Fee Overview

The shipping fee for your orders is determined by either the actual weight of the product or the volumetric weight, whichever is higher. We believe in offering a fair and accurate representation of shipping costs, considering the characteristics of the products being shipped.

Volumetric weight takes into account the space occupied by items that may be lightweight but utilize a significant amount of shipping space due to their dimensions. This ensures that products with larger packaging, even if lightweight, are appropriately accounted for in the shipping fee calculation.

Our approach to shipping fee calculation aims to be equitable by incorporating both actual weight and volumetric weight considerations. This ensures that you are charged fairly for the shipping services, reflecting the true logistics involved in transporting your products.

 

Volumetric Weight Calculation Formula

Volumetric Weight (kg)= Length (cm) x Breadth (cm) x Height (cm)/5000

Explanation

  • Length (cm): The measurement of the longest side of the package.
  • Breadth (cm): The measurement of the second-longest side of the package.
  • Height (cm): The measurement of the shortest side of the package.

 

The formula divides the product of these three dimensions by 5000 to convert the result into volumetric weight in kilograms. This approach helps account for the space a package occupies during shipping, especially when dealing with lightweight but voluminous items.

Example

Suppose you have a package with dimensions:

Length: 50 cm

Breadth: 30 cm

Height: 20 cm            

Using the formula

Volumetric Weight (kg)= (50×30×20)/5000 ​ = 30000/5000 ​ =6kg

Kindly be aware that the details furnished earlier are grounded on the prevailing standard rate card and are liable to modifications. To ensure you have the precise and current information regarding shipping fees for your sales, we encourage you to log into your Kharidee vendor account. By accessing your account, you can remain informed about the exact collection fees that pertain to your individual transactions.

 

Collection Fee Overview

 

1.Prepaid Orders:

  • Payment Methods: UPI, Net-banking, etc.
  • Collection Fee: Charged to cover the payment gateway associated with the transaction.
  • Calculation Basis: The collection fee is calculated based on the final selling price of the product.
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2.Cash on Delivery (COD) Orders:

  • Payment Method: Cash payment upon delivery.
  • Collection Fee: Charged to facilitate the cash collection service.
  • Calculation Basis: Similar to prepaid orders, the collection fee is based on the final selling price of the product.

In both cases, it appears that the collection fee is directly tied to the product's final selling price, providing a transparent and consistent approach to fee calculation regardless of the payment method chosen by the customer.

Collection fees based on the final selling price would be calculated 2% of every product.

 

Kindly be aware that the details furnished earlier are grounded on the prevailing standard rate card and are liable to modifications. To ensure you have the precise and current information regarding collection fees for your sales, we encourage you to log into your Kharidee vendor account. By accessing your account, you can remain informed about the exact collection fees that pertain to your individual transactions.

 

Platform Fee overview

The fixed fee, commonly referred to as the closing fee, has been introduced on the Kharidee platform with the goal of enriching the overall experience for both customers and vendors. This fee serves as a catalyst for driving product innovations, elevating the quality of the Kharidee platform, and fostering additional avenues for growth among vendors. Through the implementation of the fixed fee, Kharidee is steadfast in its commitment to ongoing improvements, aspiring to create a more favorable ecosystem that empowers vendors to thrive and expand their businesses seamlessly.Please write enquiry@kharidee.in for more information.

 

Kindly be aware that the details furnished earlier are grounded on the prevailing standard rate card and are liable to modifications. To ensure you have the precise and current information regarding platform fees for your sales, we encourage you to log into your Kharidee vendor account. By accessing your account, you can remain informed about the exact collection fees that pertain to your individual transactions.

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