CITYRIDE
RENTAL CAR
FINANCIAL CHARTER

SECURITY DEPOSIT POLICY

We require a refundable security deposit to ensure vehicle safekeeping and post-rental settlements.

1. Deposit Pre-requisite

A security deposit (ranging from ₹2,500 to ₹5,000 depending on the vehicle category) must be paid and received before the vehicle keys can be handed over.

2. Settlement Deductions

Post-rental charges including extra kilometres travelled, fuel shortfalls, FASTag toll bills, late return fees, and repair estimates for scratches/dents will be adjusted against this security deposit.

3. Refund Processing

The remaining balance after adjustments will be refunded to the renter's bank account within 3 working days after the physical vehicle return.