Our Stores

How to Become a Member?

Membership is mandatory to enter and purchase from a Best Price Modern Wholesale store. Membership can be obtained by providing a copy of a valid business license by all businesses which are engaged in any activity related to wholesale, distribution and reselling of any product or service or are an office/institution. Members need to sign an undertaking that the merchandise purchased will be used for business purpose only or for self consumption of an office /institution.

Requirements:-  

  • Filled and signed application form.
  • Self attested copy of an authorized business license as per the approved list.
  • Authorization letter in case license holder is not the primary member.
  • Supporting documents (like a sales invoice) for the business license, if required.
  • Signed undertaking agreeing to the use of merchandise for business purpose only.
  • For an expired license, a copy of the expired license, a copy of the renewal application and a fee receipt.

Validity:-  

  • Validity of the membership is linked to the expiry of the business license provided.
  • In case there is no expiry date on the license provided, VAT registration, then the membership is valid for ten years from the date of signing the membership.
  • Post expiry of the membership, member cannot purchase from the store, unless the renewed valid license document is submitted and expiry extended on the system.
  • Membership is terminated in case any of the submitted documents is found invalid.

Types:-  

  • Primary: Given to owner or authorized person of the business entity. One primary card per membership is allowed.
  • Secondary: Given to person authorized by business owner/business entity, for ease of purchase on behalf of a business. Up to 2 add-on cards allowed per membership.

Other Key Points:-  

  • Minimum bill value of Rs 500 per transaction
  • Business members can purchase only on the condition that the said goods are not purchased for personal consumption and that such purchase is used for resale, commercial, business, institutional and/or industrial use only