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Payment Terms

All quotations provided by Rishitech Softwares, require a 50% deposit upon acceptance.

Unless prior arrangement has been made, final payment is strictly net 10 days from the date of completion.

Any cost arising from payment clearings or transaction charges are solely the responsibility of the client and will be charged as such.

Rishitech Softwares will only commence work on the quoted application once any deposited funds have cleared.

The customer will not be entitled for any service in case of delay in payment for more than 10 days from the final date of installation / date of project / module completion.

If opted for service beyond the 12 months of maintenance period or as agreed by Rishitech Softwares, The Annual Maintenance Charges (AMC) will be normally applicable 40% (PERCENT) of original development cost of Project / Module; each year the development cost for new modules will be added to the initial development cost for the calculation of the AMC.

The AMC percentage shall be decided by the Rishitech Softwares; which depends upon the amount of efforts and work required. This % may vary each year.

Clients are required to ensure that the content of the application being quoted adheres to all the current Indian legislation regarding publication.

Rishitech Softwares reserves the right not to include any material supplied by the client within the quoted application if Rishitech Softwares deems said material inappropriate of offensive.

It is the client's responsibility, in all cases, to ensure the applications content is displayed and formatted as they require. If the client cannot format the applications content, Rishitech Softwares will offer this service at Rishitech Softwares current hourly rate at the time of the request.


Should the client wish to cancel acceptance of the quotation,Rishitech Softwares will invoice the client for any work completed to date, as a percentage of the total work involved.

The minimum cancellation fee will be 30% of the signed quotation.

Permissions and Copyrights

The client will obtain all necessary permissions and authorities with respect to the use of all copy, graphics, logos, names and trademarks and any other material supplied by the client to Rishitech Softwares.

Supply of said material by the client to Rishitech Softwares shall be regarded as a guarantee from the client that all such permissions and authorities have been sought and obtained for said material.

No responsibility will be accepted by Rishitech Softwares for damages or losses incurred by the client from the use of material for which permission or authority has not been obtained.

Errors And Liabilities

Rishitech Softwares will pursue due care to ensure applications create by Rishitech Softwares are free of errors.

Rishitech Softwares will correct any errors made by Rishitech Softwares staff in the undertaking of the quoted application.

Rishitech Softwares does not accept responsibility for losses or damage arising from errors within any application.

Rishitech Softwares does not accept responsibility for errors, damages, losses or additional costs that relate to third party products that Rishitech Softwares may require completing the quoted application.

Completion of work

All timeframes offered by Rishitech Softwares to the client are estimates. The intrinsic nature of software development and its intricacies do not offer Rishitech Softwares the luxury of defining definite timeframes.

Rishitech Softwares will endeavour to complete all work within the estimated timeframes discussed with the client in the quotation. However, Rishitech Softwares will not be liable for any penalties, monies or hardships otherwise incurred by the client if the application cannot be delivered within the estimated timeframe.

Rishitech Softwares will not release the quoted application unless all payments have been met under the obligations of the quotation or work agreement.

If Rishitech Softwares does not have control over the residence where the finished work will reside then full payment must be made prior to said work being released by Rishitech Softwares.

The quoted application remains the property of Rishitech Softwares until all obligations have been met for release of said application to the client.

If Rishitech Softwares is working as a third party to another company, said company is responsible in meeting the obligations for release of the quote application to their client.