> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-881012b3.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.
# Set Refund Speed
> Set the default refund speed at which to process refunds. You can also override the default refund speed.
Available in🇮🇳 India
You can configure the speed at which all the refunds should be processed for your customers.
## Set Default Speed of Refunds
Depending on your business needs, you can select from the following:
* **Normal Refund**
In this mode, the speed attribute is set to `normal`. The customers will receive their refunds within 5-7 business days.
* **Instant Refund**
In this mode, the speed attribute is set to `optimum`. Razorpay attempts to initiate fund transfer using IMPS, NEFT or UPI. The customer will receive the refunds instantly. If unsuccessful, Razorpay processes the refund via the `normal` speed.
The selected speed is set as the **default speed** and all the refunds, thereafter, will be processed at the chosen speed.
To set the default speed for all the refunds:
1. Log in to the Dashboard.
2. Navigate to **Account & Settings** and click **Capture and refund settings** under the **Payments and refunds** section.
3. In the **Default Refund Speed** section, choose between **Normal Refund** and **Instant Refund**.
**Handy Tips**
The chosen value is also applied as the default speed in the [Refund API request](/docs/api/refunds).
## Override Default Refund Speed
You can override the default refund speed while refunding a payment from the **Transactions** → **Payments** tab of the Dashboard.
Watch this video to see how to override the default refund speed while issuing a refund.
The possible ways in which you can switch between Normal and Instant Refunds are listed below:
| **Default Speed setting** | **All Refunds** | **Refund Payment option** | **Processed speed of the Refund** |
| ------------------------- | ------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------- |
| **Normal Refund** | All the refunds are processed at the `normal` speed. | **Refund Instantly** option is selected. | The refund is processed at the `optimum` speed. If an instant refund is not possible, Razorpay initiates a normal refund. |
| **Instant Refund** | All the refunds are processed at an `optimum` speed. If an instant refund is not possible, Razorpay initiates a normal refund. | **Refund Instantly** option is unselected. | The refund is processed at the `normal` speed. |
To set the default speed for all the refunds:
1. Log in to the Dashboard.
2. Navigate to **Account & Settings** and select **Capture and refund settings**.
3. In the **Default Refund Speed** section, choose between **Normal Refund** and **Instant Refund**.
**Handy Tips**
The chosen value is also applied as the default speed in the [Refund API request](/docs/api/refunds).
### Related Information
* [About Refunds](/docs/payments/refunds)
* [Normal Refunds](/docs/payments/refunds/normal)
* [Batch Refunds](/docs/payments/refunds/batch)
* [Issue Refunds](/docs/payments/refunds/issue)
* [View Refunds](/docs/payments/refunds/view)
* [Refunds FAQs](/docs/payments/refunds/faqs)