With the advent of UPI, online payment for the purchase of goods has become much easier than ever before. However, there are still many people, especially older generations, who still prefer to make hard currency payments in the form of banknotes and coins. However, carrying large sums of money in the form of hard currency has become a task these days. Beating this concept, the person paid 50,000 rupees in only 10 rupee coins to make an advance payment on the new TVS Jupiter.
The incident originated in Rudrapur, where a person whose identity is not currently disclosed paid a total of Rs. 50,000 in hard coins to make a payment when purchasing a new Jupiter TV. The person came with 5,000 coins of 10 rupees each for making a total deposit of 50,000 rupees, after which a representative at an authorized TVS dealership began to count the coins. Video footage of the entire incident with Rs 10 coins stacked in packets and the representative who counts them went viral on social media, drawing the attention of many internet users.
This is not the first time someone has tried to pay with so many coins when purchasing a vehicle. Previously, there were cases where customers tried to make hard coin payments that were difficult to count and accept for salon representatives. We saw people bringing coins in bags and boxes and handing them out to sales reps as down payments on vehicles. In a few cases, people also tried to make the entire payment in coins.
Can make a cash payment of up to Rs 2 lakh
Counting and confirming payments in coins is in no way illegal, however, it takes a lot of time and patience, which salon representatives are usually not ready for. In addition, there is a common limit of Rs 2 lakh for cash payments, above which dealerships charge a percentage as additional tax.
While buying an inexpensive scooter for all cash payments is not too difficult, when buying a larger vehicle that is much more expensive than a scooter, it can be a challenge. In this case, the available scooter was the TVS Jupiter, which starts at Rs 69,990 and goes up to Rs 85,246. However, it is unclear which TVS Jupiter variant was purchased by the person who made the Rs 10 coin payment.