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 cancel | Rent refund | Deposit |
|---|---|---|
| Before pickup/delivery starts | Refunded (less any cancellation fee shown at booking, if applicable) | Refunded in full |
| After pickup / ride started | No refund of rent | Refunded 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.
