account_balance 1. Statutory Framework for Digital Goods
Under Rule 4(11) of the Consumer Protection (E-Commerce) Rules, 2020 and Section 18 of the Consumer Protection Act, 2019, e-commerce entities must provide explicit transparency regarding refund entitlements.
Digital files (such as eBooks and electronic source materials) are classified under domestic and international law as non-tangible, irrevocable digital media. By initiating a purchase, you expressly acknowledge that digital delivery commences immediately upon transaction approval.
timelapse 2. Turnaround Time (TAT) & Payout Mechanics
When a refund is approved by E-Books, the funds are credited directly back to the original source account via the originating payment processor:
- UPI (Google Pay, PhonePe, Paytm, BHIM): 24 to 48 hours from approval.
- Indian RuPay / Debit Cards / NetBanking: 3 to 5 banking days as governed by Reserve Bank of India (RBI) circular on turnaround times (DPSS.CO.PD No.629/02.01.014/2019-20).
- International Credit Cards (Visa, Mastercard, Amex): 5 to 7 business days, subject to the cardholder's issuing bank clearing schedules.
currency_exchange 3. 100% Full Payment Reversal to Source
For all approved refunds, 100% of the purchase amount is credited directly back to your original payment method (UPI, bank account, or payment card) with zero cancellation deductions or processing fees.