Refund & Cancellation Policy

Effective date: 4 July 2026

Operated by Novetum Private Limited, 1-90/7/B/121, HUDA Techno Enclave, Madhapur, Hyderabad, Telangana 500081.

1. Payments

All payments are online via Razorpay (UPI/cards). Each booking charges rent + applicable taxes + a refundable security deposit in one transaction. Prices are shown and frozen at the time of booking.

2. Cancellation by you

When you cancelRent refundDeposit
Before pickup/delivery startsRefunded (less any cancellation fee shown at booking, if applicable)Refunded in full
After pickup / ride startedNo refund of rentRefunded after return, less lawful deductions

The exact cancellation fee (if any) is configurable and is always displayed before you confirm.

3. No-show

If a confirmed booking is not picked up within 2 hours of the start time, it is auto-cancelled and a full refund (rent + deposit) is initiated.

4. Security deposit

  • The deposit is automatically refunded after a verified return (return OTP + vehicle condition check).
  • We may deduct from the deposit only for: late-return fees and unpaid extension charges.
  • Any amount beyond the deposit (e.g. larger damage/fines) is recorded as outstanding dues payable separately — it is not silently taken.
  • Refunds are issued to the original payment method via Razorpay.

5. Extensions

Ride extensions are charged separately at the time of extension. If an extension auto-charge fails, the amount may be funded from your deposit (with your action) per the in-app flow.

6. Refund timelines

Once initiated, refunds are processed by Razorpay to your original payment method, typically within 5–7 business days (bank/UPI timelines may vary). The deposit refund is initiated automatically on a verified return.

7. Failed / duplicate payments

If you are charged but the booking is not confirmed (e.g. network failure), the amount is auto-reconciled and refunded. Contact us if you do not see it within 7 business days.

8. Damage, fines & breakdowns

Traffic fines, challans, and damage during your rental are your responsibility and are handled per the Rental Agreement — via deposit deduction and/or a separate invoice.

9. Contact for refunds

systems@novetum.com · +91 9000149014. Quote your booking ID.

Questions? Email systems@novetum.com or call +91 9000149014.