#Banking

UPI Payment Failed but Money Deducted? Refund Time, ₹100/Day Compensation and How to Complain

If a UPI payment fails but your account is debited, the money should come back automatically within 1 working day for transfers to people and within 5 days for payments to shops. If it does not, RBI rules say your bank owes you ₹100 for every day of delay. Here is exactly how to raise a complaint.