Indian Railways: Refund of Cancelled tickets
If money is debited and ticket is not booked, automatic refund process is initiated by Indian Railway Catering and Tourism Corporation (IRCTC) on the following day.
New Delhi: On Indian Railways, occupancy pattern of trains is not uniform throughout the year and it varies over lean and peak periods. During peak rush periods, the occupancy of the trains especially on popular routes remains full whereas during lean period and on less popular routes, there is sub optimal utilization, said Minister of Railways, Communications and Electronic & Information Technology, Ashwini Vaishnaw while replying to a question in Lok Sabha.
Waiting list tickets are issued to take care of reserved accommodation going vacant against cancellation of confirmed accommodation, avoid chances of passengers being turned away by booking clerks on account of accommodation being exhausted and to help Railways to assess the demand pattern.
Waiting list position of the trains running on Indian Railways is monitored on regular basis and to cater to additional demand, load of existing trains are augmented, special trains are run, new trains are introduced, frequency of existing trains is increased etc. subject to operational feasibility.
As soon as the ticket, in which status of all the passengers is on waiting list at the time of preparation of first reservation charts, is automatically cancelled, auto refund is initiated and refund is advised to the bank on the next day.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : Top Officials chairs Airport Development Review MeetingIf money is debited and ticket is not booked, automatic refund process is initiated by Indian Railway Catering and Tourism Corporation (IRCTC) on the following day. Refund amount is advised to the Payment Gateway/bank through which booking amount was received. Normally bank takes time to process refund as per the following mode of transaction-
- For Net banking/Wallet/Cash Card transaction 3-4 business days.
- For Credit card/Debit card transaction 6-7 business days.
Read Also : PM to inaugurate multiple development projects worth over Rs. 12,200 crore tomorrow
Passenger can avail Book Now Pay Later option available in Mobile App and EMI option available in the website as payment option.
Instructions already available on this account have been reiterated to all zonal Railways that expeditious clearance of police, paramilitary and armed forces should be ensured by attaching additional coach/coaches to trains and/or by earmarking train service second class coach(es), subject to feasibility, so long as they hold valid travel authority.
Read Also : Railtel bags work order of more than 14 crores
News Must Read
- Railtel bags work order of more than 14 crores
- Arnab Maitra Takes Charge as the Business Unit Head, NTPC Bongaigaon
- Vande Bharat Sleeper Trains to soon bring world class travel experience to long distance Rail commuters
- NALCO appoints Brijendra Pratap Singh as New CMD
- REC disburses Rs 54,692 Crore loan in Q3 FY25
- PM Modi inaugurates various development works in Delhi today
- RITES subsidiary REMC & IRFC signs MoU on financing power projects
- NHPC Limited Announces Major Update on Teesta-V Power Station (510 MW)
- MIDHAN Welcomes New CMD: Gowri Sankara Rao Naramsetti
- PESB Recommends Shri S. M. Ramanathan for Director (Engineering, R&D) at BHEL