TRANSCENDING THE INDUSTRY
At Granulon, we value our distribution partners and are committed to maintaining transparency and mutual trust in all business dealings. These payment terms are designed to foster a seamless and collaborative partnership.
Granulon offers exclusive benefits to distribution partners who choose advance payment options:
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50% Advance Payment at Order Booking: Partners paying 50% upfront enjoy priority processing and assured delivery timelines.
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20% Early Payment Discount: Clear the full invoice amount within 7 days of invoice issuance to avail of a 20% discount on the total bill.
Advance Payment Benefits
Granulon offers a starting credit line of ₹50,000 to new distribution partners, subject to the following conditions:
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Timely Payment Requirement: All credit-based payments must be cleared within Net 15 or Net 30 days, depending on the agreement.
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Late Payment Penalties: Payments delayed beyond the due date will incur a 2% penalty per month on the outstanding balance.
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Account Suspension: Outstanding dues may result in suspension of credit facilities and future order processing.
Credit Line Policy
To ensure a smooth partnership and uninterrupted order fulfilment, we recommend:
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Opting for advance payment options to unlock discounts and faster deliveries.
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Monitoring payment timelines to maintain credit privileges and avoid penalties.
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Communicating proactively with our team for any concerns or clarifications regarding payments.
Payment Practices for a Strong Partnership
Granulon upholds a strict policy on payment delays to maintain operational efficiency:
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Penalty Charges: Overdue payments will attract a 2% penalty per month on the pending amount.
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Account Suspension: Delayed payments may result in the suspension of credit lines and order processing.
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Legal Action: Persistent defaults will lead to legal proceedings under Indian GST laws, with disputes handled in the courts of India.
Delayed Payments & Charges
Our team is dedicated to supporting you with all payment-related queries. For assistance, please contact our Accounts Team at support@granulon.com
Legal Jurisdiction: Any disputes or defaults regarding payments will fall under the Indian GST jurisdiction and will be addressed in the courts of India.
Support &
Assistance
We're Stronger Together
