Dear sainath,
As far as your this particular experience goes ....you would definately recover most of the money by filling a claim.
The Purchase protection programs do not cover any item paid for using cash or instant money transfer. Bank-to-bank or post office wire transfers (both of which produce receipts with bank account numbers for both buyer and seller) are covered by the eBay Standard Purchase Protection Program.
YOURS IS A BANK-TO-BANK TRANSFER.
For your future buying you must refer to ebay's safe buying tips.
1. Use of EBAY'S guidelines and your common sense will help you trade safely
2. Review a member's eBay reputation - eBay Feedback
3. Get to know your Seller
4. Know what you are buying
5. Pay Smart!
For more details you may click the following link....
http://pages.ebay.in/help/confidence/overview.html
regards
IndConcepts
.
best regards
Umang Midha