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REFUND TO UNSUCCESSFUL APPLICANTS

1. DDA will refund the registration money through the nodal branch, as indicated in Annexure ‘B’, of the Bank wherein the allottee had deposited the application form. The concerned Bank shall be responsible for the dispatch of refund cheques to the unsuccessful applicants. The bank shall bear the responsibility for any loss on this account. DDA or the bank will not entertain any application for refund, loss/mutilation, and non-encashment of refund cheque one year after the closure of the scheme.



2. For getting refund, the applicant has to clearly mention his/her bank account number. In case the application is in joint name, refund will be made in the name of the first applicant only and, therefore, only his/her bank account number should be given. This account number and bank particulars will be printed on cheque, hence applicant should carefully fill these particulars in the Form. Note: In case the application money has been paid from the account of the firm/company etc. of the applicant, still for the purpose of refund, the applicant’s banking details have to be provided as the same would be printed on refund cheque and in case of mismatch of account number and payee’s name, the bank would not clear the instrument. In order to avoid situation, it would be appropriate to recheck this column before submitting the application.



3. Applicant is advised to enclose one cancelled cheque of the account in which he wants refund money to be credited, in case refund is given through ECS, at the option of the bank, for faster refund.



4. In case applicant has given address of a place/office, where entry (of courier) is restricted, all communication including dispatch of refund cheque/demand letter would on failure of courier be through available mode. Applicant is advised to contact nodal officer of the bank as given in Annexure B in such cases. DDA/Banks in such cases would not be responsible for delay/ non receipt of communication by applicant/allottee.