Let me share with you my experience on how to refund money from SBI Collect. Although SBI is one of the most trusted financial institutions in India, you can't deny that they provide poor service. I am saying this based on the issue I faced a few years ago. I had to obtain my migration certificate from college, so I had to pay some amount through SBI Collect. Now, whenever I tried to make the payment through SBI Collect, these are the three issues I have faced:
The page stops loading.
There is some sort of error.
The most frightening moment is when the amount is deducted from the account but not transferred to the organisation’s account.
Besides, after midnight, you can't use SBI Collect to make any payment. What to do when the money is deducted but not transferred to another account via SBI Collect? How to refund money from SBI online banking.
Well, to understand if the money is transferred, you need to check the payment history or status on SBI Collect. For this, you need to provide details such as DU reference number, date of birth, and mobile number. If the status is showing success, then you will understand that your money was transferred successfully. If not, you need to wait for 24 hours to know whether the payment made was a failure or a success. If the status is showing failure for the past 7-10 days, you will get your money refunded.
If you do not get the refund after 7-10 days, contact your nearest SBI Bank Branch and provide the details of your institution. Don’t worry! You will get your money back.
This was all about how to refund money from SBI Collect. I hope you find this informative.
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Authors Of The Question
How to refund money from SBI Collect?
Biman
2507 Views
1 Answers
2 Year
2022-09-09T10:06:30+00:00 2022-09-09T10:06:32+00:00Comment
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