T+ days is the number of days between a trigger event, such as delivery or the end of the return window, and the payout reaching your bank. Myntra's exact cycle depends on your seller agreement, business model and category, so confirm it in your agreement and settlement reports. Then reconcile each payout against orders, deductions and returns.
What 'T+ days' actually means in a marketplace payout
'T+ days' is the gap between a trigger event (T) and the day money reaches your bank account. T+7 means seven days after the trigger. The number is not useful until you know what T is.
On a marketplace, T can be any of these:
- The order delivery date
- The end of the return or exchange window
- The dispatch or handover date
- A fixed settlement run date, after the order becomes eligible
Two sellers can both be told 'T+ some days' and still be paid weeks apart because their T differs. Always ask which event starts the clock, and whether the count is in calendar days or working days.
Why there is no single Myntra T+ number for every seller
We are deliberately not quoting a fixed T+ figure for Myntra. The cycle depends on your commercial terms, and those can change. Factors that commonly affect timing:
- Business model and agreement: the terms you signed define the settlement basis.
- Category and return window: if payout is linked to the end of the return window, longer windows push payouts out.
- Order status: returns, disputes, quality checks or holds can delay individual orders.
- Settlement run schedule: an order can be eligible but wait for the next run, and bank holidays add days.
- Account issues: missing or mismatched bank, GST or compliance details can hold payouts.
To confirm your own cycle, check these in order:
- Your seller agreement and its commercial annexures or rate card.
- The payments or settlement section of your Myntra seller panel and the downloadable settlement reports.
- Written confirmation from your Myntra account manager or seller support, especially after any change in terms.
Keep the written confirmation. It is the document you will rely on if a payout is late.
The order-to-payout timeline, stage by stage
Most payout questions become easier once you map each order against its stages.
| Stage | What happens | What to check |
|---|---|---|
| Order placed | Order ID is created | Order ID, SKU, selling price |
| Delivered | Customer receives the item | Delivery date in the report |
| Return window | Customer can return or exchange | Window length per your agreement |
| Eligible for settlement | Order enters a settlement run | Eligibility date, settlement ID |
| Payout | Net amount credited to your bank | UTR, credit date, net amount |
Your expected payout date is the date of the trigger event in your agreement plus the agreed days, moved to the next settlement run or working day where applicable.
Why the payout rarely equals the sale value
Even when the payout is on time, the amount usually differs from what customers paid. Typical components in a settlement report:
- Commission on the sale
- Fixed, shipping or logistics-related fees, where your agreement has them
- Return, RTO or exchange related charges and reversals
- Tax withholding such as TCS or TDS, as applicable
- Penalties, promotional or other adjustments
- Carry-forward adjustments from earlier periods
We have not listed rates because they differ by seller, category and period. Take commission and fee rates from your agreement or rate card, and confirm tax treatment (GST, TCS, TDS) with your tax adviser against the latest rules. Any deduction you cannot trace to one of these sources deserves a query.
How to reconcile a payout to your expected T+ date
A repeatable monthly routine works better than chasing individual orders.
- Download the settlement report and note the settlement ID, UTR, credit date and net amount.
- Match the bank credit to that report line by line.
- For each order, compare the delivery date and eligibility date with your agreed T and T+ days.
- Recompute commission and fees using your agreed terms and compare with what was charged.
- List returns and reversals, and check each is linked to a valid order and period.
- Record unpaid, short-paid or late orders in a tracker with order ID, expected date, expected amount and difference.
Doing this in spreadsheets is possible but slow at volume. MarketplaceMetrics by Fundle reconciles marketplace sales and settlements, checks commissions and fees against agreed terms, and tracks returns and recovery cases. Myntra Excel reports are reviewed, and other marketplaces are in scope discussion.
When a delay is worth escalating
Not every late credit is an error. Weekends, holidays and the next settlement run explain many gaps. Escalate when:
- The order is past its expected date and not in any settlement report.
- A deduction does not match your agreement or rate card.
- A return reversal is charged without a matching return record.
- The same order appears adjusted twice.
Raise the query with order IDs, settlement IDs, expected amount versus received amount, and the clause or rate card line you rely on. Keep a log of ticket numbers and replies so unresolved items carry forward to the next cycle.
Worked example
Illustrative example only. The cycle, dates and amounts below are assumed for explanation. They are not Myntra's actual terms or rates.
Assume your agreement says payout is due 10 days after delivery, and three orders of ₹1,500 each were delivered on 2 March. Two are kept and one is returned. In this example, the return reverses an order from an earlier period.
| Line | Amount (₹, illustrative) |
|---|---|
| Eligible sale value (2 orders) | 3,000 |
| Less commission | (450) |
| Less fees | (180) |
| Less tax withholding | (60) |
| Less earlier-period return adjustment | (800) |
| Expected net payout | 1,510 |
Expected credit date: 12 March. If the credit arrives on 15 March, check whether the next settlement run, a weekend or a hold explains the three-day gap. If the amount is not ₹1,510, find which line differs before accepting the payout as correct.
Questions and answers
What is the Myntra payment cycle for sellers in T+ days?
There is no single figure that fits every seller. The cycle depends on your seller agreement, business model, category and return window. Check your agreement, the settlement section of your seller panel, and written confirmation from your account manager for the latest terms.
What does T stand for in T+ days?
T is the trigger event that starts the payout clock, such as the delivery date or the end of the return window. T+10 means ten days after that event. Confirm which event applies to you, and whether days are calendar or working days.
Why was my Myntra payout lower than my sales?
The payout is net of deductions such as commission, fees, return-related charges, tax withholding and adjustments from earlier periods. Compare each line in the settlement report with your agreement or rate card, and ask your tax adviser about TCS or TDS treatment.
How do I check whether a payout is late?
Take each order's trigger date, add the agreed days, then move to the next settlement run or working day if your terms say so. If the order is past that date and absent from settlement reports, raise a query with order IDs and your agreement reference.