Bank transfer transactions have some service charges levied on them. Here is how they are calculated.
Your total order amount = Transfer amount + Service charges
The service charge added is calculated as per this table:
Order amount: 0 - 200: Service charge of 10
Order amount: 201 - 500: Service charge of 30
Order amount: 501 - 1000: Service charge of 60
Order amount: 1001 - 1500: Service charge of 95
Order amount: 1501 - 2000: Service charge of 120
.
.
.
Order amount: 15001 - 15500: Service charge of 930
Order amount > 15500: Service charge of 950
On increment of 500 in order amount, the service charge is increased by 30.
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.