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Grievance Redressal Policy

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GRIEVANCE REDRESSAL POLICY

Effective Date: 28 May 2026

APEXAXIS INDIA PRIVATE LIMITED (“Company”), operating under the brand name “Zylope”, is committed to providing transparent, efficient, and customer-friendly grievance redressal mechanisms in accordance with applicable RBI guidelines, NPCI regulations, BBPS operational standards, and Indian laws.

This Grievance Redressal Policy outlines the process for customers to raise complaints related to recharge services, BBPS bill payments, financial services, loan co-branding, RC-related services, and other services offered through the Zylope platform.


1. COMPANY INFORMATION

Company Name: APEXAXIS INDIA PRIVATE LIMITED

Brand Name: Zylope

CIN: U82990BR2024PTC070216

Registered Office Address:
A 05 2nd Floor, Lav Kush Tower,
Kadamkuan, Bank Road, Patna,
Phulwari, Bihar, India – 800001

Website: www.zylope.com

Customer Support Email: care@zylope.com

Grievance Officer Email: grievance@zylope.com


2. OBJECTIVE

The objective of this policy is to:

  • Ensure fair treatment to customers
  • Resolve customer complaints promptly
  • Improve service quality
  • Maintain transparency and accountability
  • Comply with RBI, NPCI, and BBPS grievance handling standards

3. TYPES OF COMPLAINTS

Customers may raise complaints regarding:

  • Failed Recharge Transactions
  • Failed BBPS Bill Payments
  • Delayed Refunds
  • Incorrect Recharge or Bill Payment
  • UPI/Payment Related Issues
  • Loan Application Support Issues
  • RC Verification Issues
  • Unauthorized Transactions
  • Service Delays
  • Customer Support Experience
  • Data Privacy or Security Concerns

4. HOW TO RAISE A COMPLAINT

Customers may submit complaints through:

Email Support

Customer Support:
care@zylope.com

Escalation / Grievance Officer

grievance@zylope.com

Customers are advised to provide:

  • Registered Mobile Number
  • Transaction ID
  • Date & Time of Transaction
  • Description of Issue
  • Supporting Screenshots/Documents (if applicable)

5. COMPLAINT RESOLUTION TIMELINES

Level 1 – Customer Support

Complaint Acknowledgement:
Within 48 Hours

Resolution Timeline:
Within 7 Working Days

Level 2 – Grievance Officer Escalation

If unresolved at Level 1, users may escalate the complaint to the Grievance Officer.

Escalated complaints shall generally be reviewed within:
7–15 Working Days

Resolution timelines may vary depending on:

  • Banking partner dependency
  • NPCI/BBPS settlement process
  • Telecom operator response
  • Regulatory verification requirements

6. REFUND & FAILED TRANSACTIONS

Failed Recharge / BBPS Transactions

If payment is deducted but service fails:

  • Refunds shall be processed in accordance with RBI/NPCI guidelines.
  • Refund timelines depend on partner bank/operator settlement cycles.

Typical timelines:

  • UPI Transactions: T+1 to T+5 Working Days
  • BBPS Transactions: As per BBPS Operating Unit timelines

Duplicate Transactions

Duplicate successful payments may be reviewed and refunded after verification.


7. THIRD-PARTY DEPENDENCY DISCLAIMER

Certain services on Zylope are facilitated through:

  • Banks
  • NBFCs
  • NPCI/BBPS Ecosystem
  • Telecom Operators
  • Lending Partners

The company shall not be held responsible for delays caused due to third-party systems or regulatory verification processes.

Current disclosed lending/financial partner:

  • Faircent

8. FRAUD & SECURITY COMPLAINTS

Customers should immediately report:

  • Unauthorized transactions
  • OTP misuse
  • Account compromise
  • Fraudulent activities

Users must:

  • Keep OTPs confidential
  • Avoid sharing passwords
  • Use secure devices and networks

Zylope may temporarily restrict suspicious accounts for security and compliance purposes.


9. REGULATORY ESCALATION

If customers remain unsatisfied after exhausting the internal grievance process, they may approach:

  • Relevant Partner Bank
  • BBPS Operating Unit
  • RBI Ombudsman
  • Applicable Regulatory Authorities

as per applicable regulations and jurisdiction.


10. RECORD MAINTENANCE

Complaint records may be maintained for audit, compliance, fraud monitoring, and regulatory purposes in accordance with applicable laws.


11. POLICY UPDATES

APEXAXIS INDIA PRIVATE LIMITED reserves the right to amend or update this policy at any time.

Updated versions shall be published on the official website.


12. CONTACT DETAILS

Customer Support:
care@zylope.com

Grievance Officer:
grievance@zylope.com

Website:
www.zylope.com

© APEXAXIS INDIA PRIVATE LIMITED. All Rights Reserved.