Tool Rental Policy

At DM Technologies, we offer a wide selection of tools for rental to meet your project needs while keeping costs down. Please review our rental policy below

1. Rental Duration and Charges

o Customers are responsible for returning the tool within 30 days of rental. Tools kept longer than 30 days will incur an additional charge of 20% for every 10-day increment. For example, a tool rented for 5,664 held from 31 to 40 days would cost 6,782.8 INR .

2. Tool Use

o Rentals are intended for occasional use, not for production. You may use the tool for small jobs and sharpen it as needed to complete your project, up to 10% of the original tool life per rental. Exceeding 10% will result in additional charges.

3. Tool Damage

o Customers are responsible for any damage to or breakage of rented tools. If a tool is broken or damaged beyond repair, you will be charged the current face value of the tool.

4. Payment Terms

o For COD customers, payment for the current face value of the tool is due at the time of delivery. Upon return, we will inspect the tool and issue a refund for any difference in charges, which may take 10 to 14 days.

5. Shipping and Taxes

o Customers are responsible for all shipping charges and applicable taxes related to the rental.

6. Purchase Option

o If you decide to purchase a rental tool, please notify our Accounts Receivable department to arrange for charges.

7. Tool Ownership

o Tools not returned within 60 days become the property of the customer at the face value shown on the invoice.

8. Unused Tools

o Tools returned unused after 10 days will still incur a rental fee.

This policy ensures clarity and transparency regarding tool rentals at DM Technologies. If you have any further questions or need assistance, please feel free to contact us.