Bank transfer transactions have some transfer fees levied on them. Here is how they are calculated.
Your total order amount = Transfer amount + Transfer fee
The Transfer fee added is calculated as per this table:
Order amount: <200: Transfer fee of 10
Order amount: <500: Transfer fee of 30
Order amount: 501 - 1000: Transfer fee of 60
Order amount: 1001 - 1500: Transfer fee of 90
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Order amount: 15001 - 15500: Transfer fee of 930
Order amount: >15500: Transfer fee of 950
On increment of 500 in order amount, the transfer fee is increased by 30, up to a max of ₹ 950
Note: Interest charges are applicable on the total order amount which will be shown at the time of transaction. The interest rate is fixed and calculated dynamically depending on the total order amount and the tenure of monthly payments selected by the user.