Terms & Conditions
Welcome to the Savebox eAuction App.
Savebox is India's first eAuction app listed by Google and owned by SAVEBOX Technologies Pvt Ltd. Here you can get brand new factory products at a maximum discount through auction. Auctions are available for mobile phones, gadgets, mobile accessories, electronics, and home appliances, primarily on the Savebox eAuction App.
You can download the Savebox eAuction App from our website (www.savebox.in) and it is also available in the Playstore and iOS Appstore.
How to Join Savebox
∙ Set up an account with the necessary KYC information.
∙ Once your account has been verified, you can participate in an auction for brand new factory products, with bidding starting at 1 Rs.
Conditions of Winning a Bid Product: -*
∙ All auction events will take place at a specific time. 20 min is the normal auction event time for a normal product.
∙ In all auction events, the winner will be decided by an admin panel based on the auction event's ending criteria.
1) Reaching MRP :-
If an auction event closes when the MRP price is reached, then the winner will be the person who bid the highest number of times (who spent the highest number of bid credits) in that particular product auction event.
2) Auction Event Duration Ends :-
If the auction event ends when the auction event time exceeds, then the winner will be selected on the basis of the bidder who bid the highest number of times (who spent the highest number of bid credits) in that particular product auction event..
3) Beating Countdown :-
The most Highlighted important winning chance is , in every auction even, there will be showing a 20 second countdown which reset once place a bid to next bid. A bidder has a chance to win bid product in Just 20sec countdown starts immediately once after place and bid. Meanwhile, there is no any placed other bidders before countdown ends, then the last bidder will be winner in that particular auction event. 20 sec countdown is very important factor in auction event and this 20 second countdown the maximum time period between Bid to Bid.
If no one bid within this 20 seconds or the auction event closes by beating countdown , the last bidder will be considered as the winner In particular auction event.
Win restriction for fair play.
To make the fun spread to everyone and everyone to get a chance on winning, we restrict that a player can only win once a day. we are not restricting them from bidding again, but if he/she become a winner again in a day, the system will pick the next eligible competitor as the winner. by doing so, we will have unique winners for each bid in a day
Usage of Bid credits in Savebox eAuction App.
• In each Auction event , the usage of bid credits depends on the value of bid Product .
• Normally for common products bidding the wallet deduction will be value of 1 Bid credit once we place a single bid. But Premium Products and High value product may deduct more than 1 Bid credits from wallet. Once you enter every auction events, the bid credit deduction value will be mentioned in Bid rooms like 1 Bid = ?? coin".
Example: If a Bid product MRP value below 1000 INR, if you participate in that particular auction event 1Bid = 1 Bid credit will deducted from wallet. Same time, in another auction event product value may more than 2500INR and when we bid for that particular product may deduct 1bid = 2 Bid Credits or more .
*Bid Product Delivery :- *
• Savebox eAuction , providing non-redeemable bid credits and bid win can claim only on basis bid credits using . No any further payments to do for the particular product to claim and get delivery. If u won a bid product , you can claim directly without paying any amount further , Our Exclusive Logistic Start-up firm called “Savebox Express” will deliver the bid win product within 10 working days in your address once after claim .
*How to purchase “Bid Credits” :- *
• Bid Credits can purchase manually through UPI apps or Payment gateway. UPI ID: qr.savebox@sib and send screenshot to Whatapp 9895566564
Customer Care @ 9895566977
WhatsappChatSupport @ 9567951999
Email : email@example.com
Enjoy Dazzling Bidding Features of India’s #1st eAuction App. Happy Bidding …! #Team_Savebox