Is it allowed to customize video templates on user requests and sell its rendered video on my website?

I’m planning to create a project like which will show template previews and if any user on my website proceeds to buy it I will take user’s inputs for customization like text and images.
And after rendering I will give the “video” to the user.
Is that allowed according to the licence terms?

You would need a new license of the original file for each individual project you do.

Yeah, I agree on this.
So You mean It’s fine to use video templates to use on my website to sell videos, right?

You can’t use them as ‘on demand’ products but assuming you buy a new license every time that you make a video for each customer then I don’t see why it wouldn’t be ok

Best option is to ask support Envato Authors Help and Support