IRCTC To Charge Service and Convenience Fees Again

    If you’ve made any recent bookings on IRCTC, you probably have noticed an additional (but not old) fee levied on the sum. Well, that’s the earlier struck fee called Service Charge or Convenience fee.

    Though it made hundreds of crores losses to IRCTC, this initiative has helped India to make ticket booking online jump by more than 25%.

    IRCTC Service Charge
    IRCTC Service Charge

    Starting from September 1, 2019, India’s biggest employer is all set to charge their e-ticketing users the additional sum on their bookings.

    The new rates are of Rs.15 for non-AC and Rs.30 for AC coach bookings. These rates are 25% less than their previously levied prices, which are of Rs.20 and Rs.40 for non-AC and AC bookings. Yet, IRCTC is sure about its revenue boosts.

    After demonization, IRCTC is one of those organizations that the Modi-led government has promised to sway some fees on digital transactions.

    No convenience fee: A minor program from BJP in 2016 to drive the digital payments. While this may seem to work well with the users, IRCTC has made enough losses to make an appeal for restarting it. After giving up these service charges in 2016, IRCTC had made losses of 30% nearly on their online revenues.

    After submitting a detailed report to the railway board, IRCTC was given the green signal to restart charging these fees and yeah, along with GST! GST would be charged separately. This move was even supported by the finance ministry as the waiver program is for temporary only. And now it is reasonable to restart.

    As said, there will be a fee of Rs.10 and Rs.20 as a Convenience fee for booking through UPI/BHIM applications. Furthermore, though being charged, people paying through UPI/BHIM shall be incentivized by prizes like lotteries regularly, until the software up-gradation helps to settle them low and accordingly. 

    Recent Articles

    Why Are Followers Important On Instagram?

    Did you know Instagram began life as a check-in app similar to Foursquare? It’s true - the app originally started off as Burbn, a...

    How to Transfer WhatsApp from Android to Android

    If you are wondering how to backup and restore WhatsApp messages, videos, and photos on your new phone or another Android device then you...

    Free PSN Codes Generator No Survey 2020 | PS Plus Codes 2020

    Are you looking for Free PSN Codes? Don’t worry! I have got your back. In this article, you are going to get the latest...

    WonderFox DVD Video Converter [REVIEW]

    WonderFox DVD Video Converter is a one-stop solution to backup all kinds of DVD disc including Disney movies, Paramount, Sony Pictures Entertainment, Universal Pictures,...

    Spotify Premium Apk Free Download 2020

    Are you looking for Spotify Premium Apk? Don’t worry! I have got your back. In this article, you are going to get the latest...

    Related Stories

    Leave A Reply

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Stay on op - Ge the daily news in your inbox