“We as a merchant shall be under no liability whatsoever in respect of any loss or damage arising directly or indirectly out of the decline of authorisation for any transaction, on account of the Cardholder having exceeded the preset limit mutually agreed by us with our acquiring bank from time to time”.
Exception: Some hotels in India, especially with small inventories, have specific terms and conditions and demand a percentage of the amounts payable as advances/deposits at the time of booking to guarantee bookings. The same will be informed to you on a case to case basis on the usage of that specific hotel. We will forward you initial proforma invoice for sending us the deposit amount.