What is the refund policy post cancellation of purchase? You can cancel your purchase at anytime before your Ola Scooter is shipped from the Ola Futurefactory and get a refund of your advance payment (of Rs. 20,000) and reservation amount (Rs. 499). The money will be credited to your source account within 7-10 business days (depending on the mode of payment). Comments 0 comments Article is closed for comments.