Rackethub.in is committed to provide you safe way of transacting online. All your transactions online are protected & secured by SSL. It encrypts your credit card and relevant information during the entire transaction process. This encryption makes your shopping experience safe and secure.
Credit Cards/ Debit Cards: Pay using all major banks Visa/ MasterCard credit cards.
ATM & Debit Cards: Pay using ATM & Debit Cards.
Net Banking: All major net banking accounts are accepted.
Cash on Delivery (COD): You can also pay through Cash On Delivery (COD). In this case you pay in Cash to the courier person while accepting the goods (cheques or demand drafts are not accepted). COD payments would be accepted for orders with total invoice value up to Rs 30,000/-. You will be charged Rs.100 as cash handling charges for all COD orders.
EMI: Pay by EMI in 3,6,9 & 12 easy installments. EMI option is currently available for ICICI, AXIS, HSBC, Kotak Mahindra, IndusInd, AMEX Credit card holders only. The minimum order value to avail the EMI payment option is Rs 3,000 for all bank cards except AMEX for which it is Rs 5000. There is no processing fee for paying by EMI. The interest rate charged by the bank is applicable as shown in the below table. Please note that on return or exchange, interest charged by the bank till that time will not be refunded by Rackethub.
Bank | 3-month | 6-month | 9-month | 12-month | 18-month | 24-month |
ICICI | 13% | 13% | 13% | 13% | ||
AXIS | 12% | 12% | 13% | 13% | ||
HSBC | 12.50% | 12.50% | 13.50% | 13.50% | 13.50% | 13.50% |
Kotak Mahindra | 12% | 12% | 14% | 14% | 15% | 15% |
IndusInd | 14% | 14% | 14% | 14% | ||
AMEX | 15% | 15% | 15% | 15% |
Sample EMI Calculation:
The table below shows sample EMI calculations for Rs 10,000 purchase made on Rackethub by EMI payment option using AXIS Bank credit card.
Tenure | Order Value | Monthly Installment | Bank Interest Rate | Total Amount payable to bank | Interest paid to bank |
3-month | Rs 10,000 | Rs 3400.22 | 12% | Rs 10,200.66 | Rs 200.66 |
6-month | Rs 10,000 | Rs 1725.48 | 12% | Rs 10,352.88 | Rs 352.88 |
9-month | Rs 10,000 | Rs 1172.16 | 13% | Rs 10,549.44 | Rs 549.44 |
12-month | Rs 10,000 | Rs 893.17 | 13% | Rs 10,718.04 | Rs 718.04 |
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