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Regulatory Compliance

Cancellation Policy

At Timelysalary, we are committed to following the regulatory guidelines set by the Reserve Bank of India (RBI) to ensure customer protection and transparency.

Free Look Period

After your loan has been disbursed, you have the option to cancel and refund the loan within a specific window known as the "Free Look Period".

3 Calendar Days from the date of disbursement.

Amount to be Returned

In case you decide to exercise the Free Look Period option, strict repayment rules apply:

  • You must repay the entire disbursed amount credited to your bank account.
  • The repayment must be completed within the 3-day window to avoid standard interest charges.

Loan Processing Fees

Please note that administrative costs incurred during the loan setup are non-refundable. These fees were consented to during your loan confirmation:

Processing Fees
Service Charges
Convenience Fees
Administrative Charges

Duplicate Payments & Process

Duplicate Payment: If you made a double payment, inform us immediately. After verification, the extra amount is refunded to the original method within 7–10 business days.

Refund Process: Once approved, we send a confirmation email with transaction details to ensure a smooth resolution.

Request Cancellation?

Contact our support team immediately to initiate the process.

care@timelysalary.com
+91-9891-24-7-365
+91-9999800002