This table has example scenarios with different products to illustrate the pro-rated usage value and reimbursement.
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Product: iBELL Angle Grinder IBL AG10-92 |
Warranty: 6 months |
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Example scenario: · A non-repairable issue happens for the product after 3 months from purchase. · Invoice price for the product was Rs 2500/-
Pro-rated usage value = (3/6) x 2500 = Rs 1250/- Reimbursement Amount deducting prorated usage value = 2500 – 1250 = Rs 1250/-
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Product: iBELL Inverter ARC Welding Machine (IGBT) 200A |
Warranty: 24 months |
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Example scenario: · A non-repairable issue happens for the product after 10 months from purchase. · Invoice price for the product was Rs 9800/-
Pro-rated usage value = (10/24) x 9800 = Rs 4083/- Reimbursement Amount deducting prorated usage value = 9800 – 4083 = Rs 5717/-
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Product: iBELL BM18-60 20V Brushless Impact Driver Drill |
Warranty: 18 months |
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Example scenario: · A non-repairable issue happens for the product after 12 months from purchase. · Invoice price for the product was Rs 9600/-
Pro-rated usage value = (12/18) x 9600 = Rs 6400/- Reimbursement Amount deducting prorated usage value = 9600 – 6400 = Rs 3200/-
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Product: iBELL Inverter ARC Welding Machine (IGBT) 250A |
Warranty: 12 months |
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Example scenario: · A non-repairable issue happens for the product after 9 months from purchase. · Invoice price for the product was Rs 12300/-
Pro-rated usage value = (9/12) x 12300 = Rs 9225/- Reimbursement Amount deducting prorated usage value = 12300 – 9225 = Rs 3075/-
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