Cancellation/Refund Policy

Return and Refund Policy

Last updated: January 22, 2022

Thank you for shopping at iB Motors.

If, for any reason, You are not completely satisfied with a purchase We invite You to review our policy on refunds and returns.

The following terms are applicable for any products that You purchased with Us.

Interpretation and Definitions


The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.


For the purposes of this Return and Refund Policy:

  • Company (referred to as either “the Company”, “We”, “Us” or “Our” in this Agreement) refers to IKSHUGANDHA BUSINESS ARTS PRIVATE LIMITED, GC-13, City Centre, Sector 4, Bokaro.

  • Goods refer to the items offered for sale on the Service.

  • Orders mean a request by You to purchase Goods from Us.

  • Service refers to the Website.

  • Website refers to iB Motors, accessible from

  • You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Your Order Cancellation Rights

You are entitled to cancel the booking amount anytime without giving any reason for doing so.

If you have purchased the product successfuly, please note there is NO REFUND on the product once it is invoiced as RTO registration is done that time as well.

In order to exercise Your right of cancellation of booking amount, You must inform Us of your decision by means of a clear statement. You can inform us of your decision by:

We will reimburse You no later than 14 days from the day on which We receive the request of return of booking amount. We will use the same means of payment as You used for the Order, and You will not incur any fees for such

Contact Us

If you have any questions about our Returns and Refunds Policy, please contact us: