Refund & Cancellation Policy
Last Updated: 09/Oct/2025
This Refund & Cancellation Policy (“Policy”) governs all subscription payments and related transactions made on PrepLap, owned and operated by EBeta Innovations LLP (“we”, “our”, “us”).
By subscribing to or making any payment on PrepLap, you acknowledge that you have read, understood, and agreed to this Policy.
1. Overview
PrepLap is a digital educational and exam-preparation platform that offers access to online learning materials, practice tests, and analytics through subscription-based plans. All our products and services are delivered digitally, with immediate access provided upon successful payment. Therefore, no refunds shall be issued once a subscription has been successfully activated.
2. No Refund Policy
All payments made for subscriptions or digital content on PrepLap are final and non-refundable. This includes — but is not limited to — payments for:
- Monthly, quarterly, or annual subscription plans
- Exam or course access packages
- Learning content, mock tests, and performance analytics
- Any add-ons or premium upgrades
Once a transaction is processed successfully through Razorpay, access to the subscribed plan is granted instantly, making it non-reversible and non-refundable.
3. Exceptions (Technical or Duplicate Transactions Only)
- Duplicate Payment: If a user is charged twice for the same subscription due to a technical glitch or network error, one transaction may be refunded after verification.
- Failed Transaction with Deduction: If an amount is deducted but the subscription is not activated due to payment gateway or server failure, the deducted amount will be refunded or adjusted after confirmation from Razorpay.
⏱ Processing Time: Verified refunds (if applicable) will be processed within 7–10 working days to the original payment method, subject to bank or gateway timelines.
All refund requests must be sent to support@preplap.in within 7 calendar days of the transaction, along with proof of payment.
4. Subscription Auto-Renewal
PrepLap offers subscription plans that renew automatically at the end of the billing cycle unless canceled beforehand. Renewal charges are processed via Razorpay using the same authorized payment method. To stop renewal, cancel before the renewal date through your account settings. No refunds will be made for automatic renewals that were not canceled in time.
5. Cancellation Policy
You may cancel your PrepLap subscription at any time. Cancellations take effect at the end of the current billing cycle. You will continue to have access to premium features until the period ends. Canceling a subscription does not entitle you to a refund for the unused period.
6. Refund Method (If Applicable)
In rare approved cases, refunds will be initiated to the same payment source used for the transaction (Razorpay → card/UPI/netbanking). No cash, wallet, or alternate refunds will be provided. A refund confirmation email will be sent once completed.
7. Disputed Charges
If you believe an unauthorized or erroneous charge has occurred, contact our support team immediately. We will coordinate with Razorpay to investigate. Chargebacks or disputes raised directly with your bank without notifying us first may delay resolution.
8. Payment Gateway
All payments on PrepLap are securely processed via Razorpay, a PCI-DSS-compliant payment gateway. We do not store your card, UPI, or bank details. By using PrepLap, you agree to Razorpay’s Terms of Service and Privacy Policy in addition to ours.
9. Digital Service Nature
All services offered through PrepLap are digital and subscription-based. Once access is granted to digital content (such as tests, notes, videos, or reports), it is considered “used” and hence non-refundable as per Section 2(1)(r) of the Consumer Protection Act, 2019 (India).
10. Force Majeure
- Payment gateway downtime
- Bank server failures
- Internet outages or maintenance
- Acts of God, pandemic, or governmental restrictions
11. Contact Information
For payment or refund-related queries, please contact:
EBeta Innovations LLP
Email: support@preplap.in
Website: https://www.preplap.in
Registered Office: [Insert Address]
Working Hours: Monday to Friday, 10:00 AM – 6:00 PM IST
12. Governing Law
This Policy is governed by and construed in accordance with the laws of India. All disputes shall fall under the exclusive jurisdiction of the courts in Delhi, India.
✅ Key Highlights
- No refund for successful subscription transactions.
- Refunds only for duplicate or failed transactions.
- Cancel anytime, but no refund for unused periods.
- Razorpay is the only payment processor.
- Legally compliant under Indian consumer and payment laws.