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Are failed BBPS transactions automatically refunded?

Posted:20th August, 2025
Updated:20th August, 2025

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2294

BBPS

BBPS or Bharat Bill Payment System enables customers to pay their utility, telecom, insurance, loan EMIs and other bills through various channels such as mobile apps, websites, or physical outlets.

Posted:20th August, 2025
Updated:20th August, 2025

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189

Calculators

The education loan calculator does not estimate the tenure - you need to input the desired loan tenure to use the calculator.

Posted:20th August, 2025
Updated:20th August, 2025

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2358

BBPS

Yes , you can easily download receipts and statements for any bills or loan payments you’ve made with us.

Posted:20th August, 2025
Updated:20th August, 2025

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179

Calculators

Education Loan Calculators offered by loan providers and financial portals do not dynamically account for changes in the property value if you are pledging it as collateral.

Posted:20th August, 2025
Updated:20th August, 2025

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305

Calculators

Yes, it is possible to get an education loan of ₹25 lakhs without any collateral, but you need to meet certain eligibility criteria.

Posted:20th August, 2025
Updated:20th August, 2025

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2193

BBPS

No, registration is not mandatory for making bill payments on BBPS. Users can access BBPS services through participating banks and non-bank platforms (such as digital wallets, websites, and apps) without creating a separate BBPS account.

Bharat Bill Payment System (BBPS) is a centralised platform developed by the National Payments Corporation of India (NPCI) that facilitates interconnected and standardised bill payments across India.

Here is how BBPS works for different users: