Terms and Conditions

  1. The Raymond Pride Program ("Program") is valid exclusively for purchases of Suiting Products only (excluding Institution, Export remnant, Cuts, and defects) by the Tag Dealer from the authorized Wholesalers of Raymond Limited ("Company") from the respective agency area only, as defined by the company. (In the area exception, Maharashtra, the area codes 19, 34, and 35, as defined by the company, will be considered as an agency area). This scheme is not applicable for sales group area codes 14 & 16.
  2. A Dealer/Retailer can enrol in the Program by paying Rs. 11,000/- through Cheque/DD as a security deposit and become a Tag Dealer of the Company.
  3. Eligibility for incentives is determined by a dealer's slab-wise growth, calculated on the average of FY24 and FY25 approved purchase credits. Should sales occur in only one fiscal year, that year will serve as the applicable base. New dealers enrolled in the current FY will be incentivized based on their approved purchase credits within their respective slabs.
  4. As per government regulation 194 R, for gifts exceeding Rs. 20,000/-, the Company will deduct 10% TDS in the form of debit notes. Furthermore, any additional tax liability must be borne solely by the tag dealer.
  5. An existing Tag Dealer must also enrol for the Program via www.raymondmart.in but does not need to pay any security deposit.
  6. A tag dealer directly related to a wholesaler cannot participate in this program. Nondisclosure of such relations will be strictly penalized.
  7. A dealer can choose to enrol in this program tagged to a wholesaler belonging to the same agency area only (in alignment with the company's sales policy).
  8. A Tag Dealer will be entitled to avail the benefits of the Program on consistent purchase of Suiting Products only (excluding packaged products (combo packs)/Institution/RMG/Export/Lot sales).
  9. A Tag Dealer, after enrolment and confirmation by the Company for the Program, on every purchase of Suiting Fabric made from the Wholesalers by Tag Dealer to which he/she is tagged, shall qualify for the accumulation of the following points based on the tier.
  10. The program shall commence from 1st June 2025 and will end on 28th March’2026, so, purchases made before 1st June 2025 and after 28th March’ 2026 date shall not be considered for purchase credits.
  11. For Façade, the Pride dealer need to raise a request only after a minimum purchase credit of 5 lakhs in this FY’25-26. The same is provided on cost sharing basis. (50% to be borne by the dealer). Signage design would be standard, and no deviation would be accepted. Also, declaration/consent from wholesaler with attested ledger copies will be required to process the request.
  12. Tag dealer certificate will be assigned to the respective pride program dealer only post purchase credits of 3 lakhs and above and basis wholesalers’ approval.
  13. The Tag Dealer shall get ‘Purchase Credits’ on the net purchase amount (i.e Wholesale price for the company with 15% discount on fabric purchases) post uploading the invoices and getting approval from the wholesaler.The ‘purchase credits’ are valid for the respective financial year in which they are credited.
  14. The accumulated ‘purchase credits’ cannot be clubbed/redeemed with any other offer/scheme launched by the company.
  15. The purchase value credits accumulated are not encashable and are non-transferable and not-for-sale.
  16. The Company reserves the right at any time without prior notice to Tag Dealers or any other person to add/modify/change or vary all these terms and conditions or to replace it wholly or in part by another Program, whether similar to this Program or not, or to withdraw/cancel it altogether.
  17. The Company shall not be liable to any person for any indirect, incidental, consequential, special, or exemplary damage or for any financial loss arising out of the refusal, cancellation, or withdrawal of the Program or the inability of the person to avail the Program for any reason whatsoever.
  18. In case of any complaints related to the accumulation of purchase credits, Voucher redemption, or for any reason whatsoever, the Tag Dealer needs to approach the Company/Voucher redemption company within 15 days of the transaction. The decision of the Company/Reward Agency in all matters pertaining to any complaint raised by the Tag Dealer shall be final.
  19. The Tag Dealer agrees that if due to any reason whatsoever beyond the control of the Company, the redemption reward gift voucher becomes ineffective or invalid, the Company cannot be held responsible and/or liable for the same.
  20. The Company shall not be liable for any loss, expenses, costs, damage, etc., suffered by the Tag Dealer for availing the Program.
  21. In the event of any inconsistency between these terms and any advertising, publicity, or other material relating to or in connection with the Program, these terms shall prevail.
  22. This Program will be governed by these standard terms and conditions. Each Tag Dealer agrees that he/she has read and understood these terms, and by their participation in the Program, each Tag Dealer agrees to be bound by the terms.
  23. These terms and conditions shall be governed by the laws in India, and disputes, if any, with respect to the Program will be subject to the exclusive jurisdiction of the courts at Mumbai.