Early Termination
In case the customer wishes to close/end the contract before the term/tenure ends, an early termination fees shall be borne by the customer
Customer should inform Elv8, a week before they wish to end the tenure.
Rentals are charged according to the tenure, so if a customer has rented a specific product for 3 months, then their monthly rental will be lower as compared to the customer who has rented the product for just 1 month.
In such a case of early closure, the customer will be charged a months rental and the difference amount of the product as an early cancellation fee.
The early termination fees will decided by Elv8 depending on the customers tenure