5/13, Block # D, Satmasjid Road, Lalmatia, Dhaka.
Open From 10am -8pm (Sat-Thu)

Payment Method & Policy

Bank Details

A/c: Automo Japan
Bank: Mercantile Bank LTd. Ring Road Branch
A/c No: 1131000023632
Routing no: 140263978


Automo Japan
The City Bank Ltd
Shaymoli Branch, Dhaka
Routing no# 225264300
A/c No# 1502762510001

bKash

+88 01836 15 12 39 (Merchant)

Booking/Pre-order Cancelation, Authorization, Penalty, Return & Refund Policy

> PRE-ORDER BOOKING OF VEHICLE

1. An Auction Security Amounting Tk.1.00 lac (Taka One Lac) is required before the Auction Bidding of the vehicle in Japan Live Auction. *Auction security Amount may vary due to vehicle price and its’ exclusiveness.

2.Bidding confirmation from client is required for bidding through official medium.

3.Customer will get the full reimbursement of the Auction Security Money only if the vehicle is not successfully purchased from Japan Live Auction.

4. Auction Security Amount will be forfeited if the customer cancels his booking with or without showing any cause whatsoever after successful bidding of the vehicle from Japan Live Auction.

5. Payment shall be made phase by phase by the customer after successful bidding of the vehicle.

6. Payment Schedule:

Phase-1

Auction Security Deposit

Tk.1.00 lac*

Phase-2

Before LC Opening

Full LC Amount/50% value of the vehicle, whichever is higher

Phase-3

Document Retirement

Document Retirement Value /30% value of the vehicle-whichever is higher

Phase-4

Before BRTA Registration

Residual Amount of the Vehicle or 20% value of the vehicle (if any)

7. Delayed payment may cause delayed shipment of the vehicle.

8. We contain rights to charge penalty from (0.5 to 1.5)% on any payment schedule default of the customer.

9. Customer has to bear Tk.400.00 per day as Wharf Rent (Port Charge)/day, if the customer failed to release the vehicle after arrival of the vehicle in Port of Bangladesh.

10. Payment shall have to be paid in full before completion of BRTA registration of the vehicle.

11. Customer has to bear any cost at actual due to abrupt/typical changes in Custom Duty/Tax Structure/Freight Cost/Foreign Currency Exchange Rate Fluctuation and any other material content.

12. Customer has to bear every cost incurred due to cancellation or modification of shipment schedule of the vehicle. Please note that, AUTOMO JAPAN has no access to control/modify the shipping schedule. Shipping schedule is determined by the shipping lines and booked by the supplier/agent thus AUTOMO JAPAN will no longer in place to compensate any financial loss or delayed delivery of Pre-Ordered vehicle.

13. Cancellation Fee to be paid by the customer in case of Pre-Ordered Vehicle:

Cancellation after Auction Win

100% of the Auction Security Amount

Cancellation after vehicle reached at Japan Yard

Tk.3.00 lac or any amount higher than Tk.3.00 lac as determined by AUTOMO JAPAN

Cancelation of booking at any stage on or after opening of LC of Pre Ordered Vehicle

Tk.5.00 lac or any amount higher than Tk.5.00 lac as determined by AUTOMO JAPAN

Note: Full amount to be held up to the receiving of sales proceed of the said vehicle.

· Note: Refund amount/ Partial Refund to be reimbursed to customers’ designated bank account through Account Payee Cheque/PO/Online Bank Transfer.

14. Referring the Terms & Condition and Return & Refund Policy of AUTOMO JAPAN. If any content is pay no heed to any material content prescribed at this juncture; The Terms & Conditions and Return & Refund Policy of AUTOMO JAPAN will equally act as the obligatory terms & condition and policy to be followed.

> PRE-BOOKING OF VEHICLE

1. Customer shall have to deposit the initial booking money of Tk.1.00 lac (Taka One Lac) for the vehicle to be pre-booked. Pre Booking Amount may vary because of vehicle price and its’ exclusiveness.

2. Customer shall have to deposit at least 50% value of the Pre-Booked vehicle before releasing the vehicle from the Port.

3. Customer shall have to deposit the rest of the amount of the Pre-Booked vehicle before completion of BRTA Registration.

4. Delayed payment may cause delayed delivery of the Pre-Booked vehicle.

5. We contain rights to charge penalty from (0.5 to 1)% on any payment schedule default of the customer.

6. Customer has to bear Tk.400.00 per day as Wharf Rent (Port Charge)/day, if the customer failed to release the Pre-Booked vehicle after arrival of the vehicle in Port of Bangladesh.

7. Customer has to bear any cost at actual due to abrupt/typical changes in Custom Duty/Tax Structure/Freight Cost/Foreign Currency Exchange Rate Fluctuation and any other material content in case of Pre-Booked vehicle as well.

8. Customer has to bear every cost incurred due to cancellation or modification of shipment schedule of the Pre-Booked vehicle. Please note that, AUTOMO JAPAN has no access to control/modify the shipping schedule. Shipping schedule is determined by the shipping lines and booked by the supplier/agent thus AUTOMO JAPAN will no longer in place to compensate any financial loss or delayed delivery of Pre-Booked vehicle.

9. Cancellation Fee to be paid by the customer in case of Pre-Booked Vehicle:

Cancellation of Booking within 48 hours

10% of the booking amount or Tk.50,000/- whichever is higher.

Cancellation of Booking after 48 hours & within 7 days

20% of the booking amount or Tk.85,000/- whichever is higher.

Cancellation of Booking after releasing from Port

100% of the booking amount or Tk.3.00 lac or any amount whichever is deemed satisfactory to AUTOMO JAPAN.

Cancelation of booking due to payment failure at any point of time or stage

Forfeited the full amount of the customer deemed as the said customer cancel the booking.

· Note: Refund amount/ Partial Refund to be reimbursed to customers’ designated bank account through Account Payee Cheque/PO/Online Bank Transfer.

10. Referring the Terms & Condition and Return & Refund Policy of AUTOMO JAPAN. If any content is pay no heed to any material content prescribed at this juncture; The Terms & Conditions and Return & Refund Policy of AUTOMO JAPAN will equally act as the obligatory terms & condition and policy to be followed.

> Ready Stock Vehicle in Showroom/Warehouse/Port

1. No cancelation fees would be charged to the customer if he/she cancel the order and claim the booking money within 48 hours of his/her booking. He will get full reimbursement from AUTOMO JAPAN through Account Payee Cheque/PO/Bank Transfer.

2. Tk.1.00 lac to be charged as penalty to the customer if he/she cancels the booking after 48 hours

3. If booking is cancel- an amount of Tk.2.00 lac will be charged as penalty after releasing the vehicle from any port of Bangladesh (in case the vehicle is ready at Port).

4. AUTOMO JAPAN will forfeit the earlier deposited amount if customer fails to pay the prescribed payment at point of time or stage and it will be considered as the Booking Cancelation from customers’ end.

5. Referring the Terms & Condition and Return & Refund Policy of AUTOMO JAPAN. If any content is pay no heed to any material content prescribed at this juncture; The Terms & Conditions and Return & Refund Policy of AUTOMO JAPAN will equally act as the obligatory terms & condition and policy to be followed.

> Auction Sheet Verification Service

Please refer to our Return & refund policy

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