Payment & Refund Guidelines | RentMeOut
Payment & Refunds
Q: What payment methods do you accept?

A: We accept UPI, Bank Transfer, Debit Card and other secure payment options.

Q: When do I need to pay my rent?

A: Rent is billed on the 1st of every month, and payment is due by the 10th to avoid late fees.

Q: Is my security deposit refundable?

A: Yes! Once your rental period ends and the appliance passes the damage check, we refund your full deposit within 7-10 working days.

Q: What if I fail to make a payment on time?

A: Late payments attract a 10% annualized late fee. If payment is delayed for too long, we may terminate the rental agreement and initiate product pickup.