Refund & Cancellation Policy

Refund & Cancellation Policy

Effective Date: 1st January 2024  |  Last Updated: 04 November 2026

Important: Elevator installation and maintenance are project-based professional services. Cancellation and refund terms differ depending on the stage of the project. Please read this policy carefully before placing an order.

This Refund and Cancellation Policy applies to all services offered by Vertigo Smart Lift Technologies Pvt. Ltd. including new elevator installation, modernisation, Annual Maintenance Contracts (AMC), and emergency repair services.

1. New Elevator Installation — Cancellation

Given the nature of custom-manufactured elevator systems and project-based engagements, the following cancellation terms apply:

Cancellation Stage Refundable Amount Deduction / Charge
Within 48 hours of order confirmation (before any procurement) 90% of advance 10% administrative fee
After procurement but before manufacturing 50% of advance 50% retained for material costs incurred
After manufacturing has commenced Non-refundable Full advance forfeited; balance payment may be due
During or after installation Non-refundable Full payment remains due as per agreement

2. Annual Maintenance Contract (AMC) — Cancellation

AMC contracts are typically signed for 12-month periods with the following cancellation terms:

  • Within 7 days of signing — Full refund of any advance paid (no services used)
  • 1–3 months into the contract — Pro-rated refund for unused months, minus a 15% early cancellation fee
  • After 3 months — Pro-rated refund for remaining months, minus a 20% early cancellation fee
  • No refund if the AMC was cancelled due to client breach of payment terms

AMC transfers to a new property owner are permitted with written notice. No cancellation fee applies for transfers.

3. Emergency Repair & Breakdown Services

Emergency call-out fees and one-time repair charges are non-refundable once the technician has been dispatched. If the issue cannot be resolved due to factors outside our control (unavailable parts, access restrictions), a partial refund of unused labour time may be issued at our discretion.

4. Modernisation Projects

Modernisation projects follow the same cancellation schedule as new installations (see Section 1). As modernisation involves removal of existing components and custom fabrication, cancellations after work has commenced will not attract a refund of advance payments.

5. Defective Work & Warranty Claims

If an installation defect is identified during the warranty period (12 months from handover), we will repair or replace the defective component at no charge. This is not a refund but a warranty rectification. Refunds for completed installations are not provided — our obligation is to rectify the defect.

6. Refund Processing

Approved refunds will be processed within 15–21 working days from the date of approval via the original mode of payment (bank transfer, NEFT/RTGS). Refunds to cheque payments will be issued by account-payee cheque. Service Tax / GST amounts already paid to the Government cannot be refunded.

7. How to Request a Cancellation or Refund

All cancellation requests must be submitted in writing to:

📧 sales@vertigoelevators.com
📞 +91 9611166208

Please include your order reference number, project address, and reason for cancellation. Our team will acknowledge your request within 2 working days and communicate the applicable refund amount.

8. Contact Us

Vertigo Smart Lift Technologies Pvt. Ltd.
No 35, 3rd Floor, 2nd Main, 1st Cross, Teachers Colony, Manasa Nagar, Bengaluru, Karnataka 560072
📞 +91 9611166208  |  📧 sales@vertigoelevators.com
Mon–Sat: 9:30 AM – 6:00 PM