If the unit is not replaceable for any reason as per the coverage, or the cost of replacement exceeds the unit's current market value; we may offer to replace your product or issue a credit note reflecting the prevailing market value of your product post-depreciation applicable. The prevailing market value will be the cheapest price available as determined solely by us.
For example, let's assume that you bought a device originally for ₹9,999 for which we are going to provide a replacement. If the product is now available for sale at ₹8,999, then the prevailing market value for your product will not be higher than ₹8,999. The credit note amount will be calculated by applying depreciation on ₹9,999 as per the age of your product in this case.
Similarly, let's assume that you bought a device originally for ₹9,999 for which we are going to provide a replacement. If the product is now available for sale at ₹10,999, then the prevailing market value for your product will not be higher than ₹9,999. The credit note amount will be calculated by applying depreciation on ₹9,999 as per the age of your product in this case.