When you return a fulfilled item within 5 days of Delivery, refunds are issued to PayTM Wallet or Bank Account via NEFT or Bhim UPI. You will need to update following information to enable us to process a refund.
BANK Account :
The Bank Account Number
IFSC Code
Account Holders Name (Should be similar to that of Billing Name)
Bank Name
Bank Branch
Refunds cannot be processed to third-party accounts. NEFT refunds will typically be processed in 2 business days after receiving the product and will be credited to your account in 3 business days.
BHIM UPI : You need to provide UPI address (eg. xyzname@upi )