Payment Terms

Payment Terms & Conditions


Currency of Sale: Indian Rupees.

Before making payment, Buyers/Bidders must inspect their purchase(s), the Auctioneer is not responsible for any discrepancy discovered after the closure of the Auction/sale.

 All winning bidders have to pay for their winning bid/purchase within seven (7) days of closure of Auction/sale. For lots paid after seven (7) days, the Auctioneer reserves the right of charging interest @ 2½ % per month on any due amount.

 Payment is due immediately upon the close of the Auction. Payment is delinquent and in default if not received in full, in good funds, within seven (7) calendar days of the Auction Sale (the "Default Date"), without exception, time being of the essence. Unless otherwise agreed in writing prior to the Auction Sale, all auction sales are payable strictly in immediately through Bank Transfer/ RTGS/ NEFT/ Demand Draft/ Banker’s Cheque/ Cheque (Payable at Par)/ Paypal. Buyers will be charged all applicable Taxes & Charges……….. (Note: Please don’t deposit cash in any of our Account.)

Payments can be made by Cash, Cheque or Demand Draft (favoring SARVESH JAIN payable at JAIPUR). Money can be deposited directly in our SBBJ (State Bank of Bikaner & Jaipur) Bank A/c - 61020473457, Malviya Industrial Area, Jaipur Branch. IFSC Code: SBBJ0010503 (Intimate us payment detail by phone, SMS or email about the same). Buyers are requested to please make sure of total bill amount including commission, taxes, shipping & handling charges before making payment.

Any charges incurred in receiving payment i.e. credit card charges, paypal charges, postage due, cheque bouncing charge, etc. have to be borne by the Buyer.

A defaulting Bidder agrees to pay for the reasonable costs of resale (including a 10% seller's commission, if consigned to an auction conducted by Auctioneer). The defaulting Bidder's Membership Fee will be forfeited against the commission & if there is any difference in the amount is liable to it to the Auctioneer. The Defaulting Bidder is Black-Listed from the Auction website.



Delivery of the lot(s) will be done only when the payments are received in full inclusive of all Taxes & Charges.


Items once sold are non-returnable in any circumstances.

Final value of the item shall be the item(s): Closing Price + VAT*+ Service Tax*+ Shipping & Handling charge + Insurance**. All shipping charges will be borne by the successful Bidder. On all Domestic & International shipments, any risk of loss or tampering of the package during the transit will be borne by Buyer/Bidder.

Any request for shipping verification for undelivered packages must be made within 15 days of shipment by the Buyer.

Subject to Jaipur (Rajasthan) Jurisdiction.

*     as applicable.

**   optional.

Changes in the Terms and Conditions will be effective when posted. Your continued use of the website after any changes to the Terms & Conditions will be considered as acceptance to those changes.

Your use of the website confirms your acceptance to all the Terms & Conditions. If you do not accept any Terms & Conditions, do not use the website.


Free e-newsletter
Philatelic Times