Last Updated: August 02, 2024
Welcome to Innovative Retail Solution (“we”, “our”, “us”). These Terms of Service govern your use of our courier and logistics services. By engaging with our services, you agree to be bound by these terms. Please read them carefully.
The following charges and surcharges are applicable to all shipments:
We offer different risk coverage options based on the declared value of your shipment. It is the shipper’s responsibility to declare the correct value and choose the appropriate risk option.
Declared Value (INR) | Risk Options & Charges |
---|---|
Up to ₹50,000 | Owner Risk: 0.2% of value or ₹25 (whichever is higher) Carrier Risk: 2% of value |
₹50,001 to ₹1,00,000 | Owner Risk: 0.1% of value Carrier Risk: 2% of value |
₹1,00,001 to ₹2,00,000 | Owner Risk: 0.1% of value Carrier Risk: 2% of value |
Above ₹2,00,000 | Owner Risk: 0.1% of value (Carrier Risk not available for this slab) |
“Owner Risk” implies that the shipper bears the risk of loss or damage. “Carrier Risk” implies that Innovative Retail Solution assumes liability up to the declared value, subject to the terms of the insurance policy.
Volumetric Weight (in kg) = [Length (cm) x Breadth (cm) x Height (cm)] / 4750
Our domestic shipping rates are based on the following geographical zones:
We reserve the right to open and inspect any shipment for security reasons or if we suspect it contains prohibited items. Our liability for any loss or damage is limited to the amount specified in the Risk Coverage section. We are not liable for delays caused by circumstances beyond our control, such as natural disasters, political unrest, or transport network disruptions. These terms are subject to change without prior notice.