Bank Charges by IRCTC

Bank Charges by IRCTC
Bank Charges by IRCTC

Bank Charges by IRCTC

Following are the details about various Bank charges by IRCTC (Bank Transaction Charges by IRCTC) of various banks and details including MDR (Merchant Discount Rate) etc.

Bank Charges by IRCTC
Bank Charges by IRCTC

Net Banking -:

Various Bank Charges by IRCTC for different bank while booking ticket are following.

Sr No. Bank Charges
1 State Bank of India Rs. 10/- per transaction + Applicable Taxes
2 State Bank of India and Associates Rs. 10/- per transaction
3 Federal Bank Rs.10/- + Applicable Taxes
4 Indian Bank Rs. 10/- per transaction
5 Union Bank of India Rs. 10/- per transaction
6 Andhra Bank Rs.10/- + Applicable Taxes
7 Punjab National Bank Rs. 10/- per transaction
8 Allahabad Bank Rs.10/- + Applicable Taxes
9 Vijaya Bank Rs.10/- + Applicable Taxes
10 AXIS Bank Rs.10/- + Applicable Taxes
11 HDFC Bank Rs.10/- + Applicable Taxes
12 Bank of Baroda Rs. 10/- per transaction + Applicable Taxes
13 Karnataka Bank Rs. 10/- per transaction
14 Oriental Bank of Commerce Rs.10/- + Applicable Taxes
15 Karur Vysya Bank Transaction Charges NIL
16 Kotak Mahindra Bank Rs.10/- + Applicable Taxes
17 ING Vysya Bank (now Kotak) Rs.10/- + Applicable Taxes
18 ICICI Bank Rs.10/- + Applicable Taxes
19 IndusInd Bank Transaction Charges NIL
20 IMPS Rs. 5 for TXN Amt upto Rs. 5000/- and Rs. 10 for above.
21 Central Bank of India Rs. 10/- + Applicable Taxes
22 Bank of India Rs. 10/- per transaction
23 Syndicate Bank Rs. 10/- per transaction
24 Bank of Maharashatra Rs. 10/- per transaction
25 IDBI Bank Transaction Charges NIL
26 Corporation Bank Rs. 10/- per transaction
27 Yes Bank Rs. 5/- per transaction + Applicable Taxes
28 Nepal SBI Bank Ltd. NPR 19/- per transaction + Exchange Commision + Applicable Taxes
29 South Indian Bank Transaction Charges NIL
30 Canara Bank Rs. 10/- per transaction + Applicable Taxes
31 City Union Bank Nil
32 Airtel Payments Bank Rs.10/- + Applicable Taxes

Payment Gateway /Credit /Debit Cards

Sr No. Bank Charges
1 Visa/Master Card(Powered By ICICI BANK) 1.8 % + Applicable Taxes for all domestic Credit Cards
2 Visa/Master Card(Powered By ICICI BANK) – 0.25% + Applicable Taxes, For all Domestic Debit Cards transactions Amount upto Rs. 1,000.
3 Visa/Master Card(Powered By ICICI BANK) – 0.50% + Applicable Taxes, For all Domestic Debit Cards transactions Amount between Rs. 1001 – 2000
4 Visa/Master Card(Powered By ICICI BANK) – 1% + Applicable Taxes, For all Domestic Debit Cards transactions Amount above Rs. 2,000.
5 American Express 1.8% of Transaction Amount
6 Visa/Master Card(Powered By AXIS BANK) 1.65% + Applicable Taxes, For all Master/Visa Credit Cards. NIL , For all Domestic Debit Cards
7 RuPay Card (Powered by Kotak Bank) NIL , For transaction Amount upto Rs. 2,000. Rs.10 + Applicable Taxess, For transaction Amount above Rs. 2,000.

 

Debit Card with PIN

Sr No. Bank Charges
1 State Bank of India Transaction Charges NIL
2 Indian Overseas Bank NIL , For transaction Amount upto Rs. 2,000. – Rs. 10 , For transaction Amount above Rs. 2,000.
3 Punjab National Bank Rs. 10/- per transaction
4 Indian Bank NIL , For transaction Amount upto Rs. 2,000. – Rs. 10 , For transaction Amount above Rs. 2,000.
5 Union Bank of India Rs. 10/- per transaction
6 Bank of India Rs. 10/- per transaction
7 Andhra Bank Rs.10/- + Applicable Taxes
8 Canara Bank Transaction Charges NIL
9 CITI Bank Rs.10/- or 1.8% whichever is higher + Applicable Taxes.
10 ICICI Bank Rs.10/- + Applicable Taxes
11 HDFC Bank Transaction Charges NIL
12 Central Bank of India Rs. 10/- + Applicable Taxes
13 AXIS Bank Transaction Charges NIL
14 United Bank of India Transaction Charges NIL

 

Wallets/ Cash Cards

Sr No. Bank Charges
1 ITZ Cash Card Rs. 10/- or 1.5% whichever is lower
2 I Cash Card 1.5% per transaction
3 Oxigen Wallet 1.80% + Applicable Taxes
4 Paytm Wallet 1.80% + Applicable Taxes
5 Mobikwik Wallet 1.80% + Applicable Taxes
6 mRUPEE Wallet Transaction Charges NIL
7 Paytm Wallet 1.80% + Applicable Taxes
8 Freecharge Wallet 1.80% + Applicable Taxes
9 SBI Buddy Rs. 10/- per transaction + Applicable Taxes
10 OLAMONEY Wallet 1.30% + Applicable Taxes
11 Airtel Money .75% + Applicable Taxes
12 I Cash Card 1.5% per transaction

IRCTC Prepaid

IRCTC Union Bank prepaid (RuPay) – Rs.10/- + Applicable Taxes

IRCTC eWallet

IRCTC eWallet – IRCTC eWallet service charge Rs.10 /-

EMI

CITI Bank – Pay in 3 EMI with Citibank Card, Transaction charges 2.8%

Multiple Payment Service

(Credit and Debit Cards/ Net banking /Wallets / International Cards)
Sr No. Bank Charges
1 Credit & Debit cards / Net Banking / Wallet (Powered by Paytm) 1.8 % + Applicable Taxes for all domestic Credit Cards
2 Credit & Debit cards / Net Banking / Wallet (Powered by Paytm) NIL , For all Domestic Debit Cards
3 Credit & Debit cards / Net Banking / Wallet (Powered by Paytm) Rs. 10 + Applicable Taxes for Netbanking transactions
4 Credit & Debit cards / Net Banking / Wallet (Powered by Paytm) 1.8 % + Applicable Taxes for E-wallet transactions
5 International cards (Powered by ATOM) 4% of Transaction Amount (Including Applicable Taxes)
6 Credit & Debit cards / Net Banking / Wallet (Powered by ITZ) 1.8 % + Applicable Taxes for all domestic Credit Cards
7 Credit & Debit cards / Net Banking / Wallet (Powered by ITZ) NIL ,For all Domestic Debit Cards
8 Credit & Debit cards / Net Banking / Wallet (Powered by ITZ) Rs. 10 + Applicable Taxes for Netbanking transactions
9 Credit & Debit cards / Net Banking / Wallet (Powered by ITZ) 1.5 % + Applicable Taxes for E-wallet transactions
10 Credit & Debit cards / Net Banking / Wallet (Powered by ITZ) 4% + Applicable Taxes for International Cards
11 Credit & Debit cards / Net Banking / Wallet (Powered by PayU) – 1.8 % + Applicable Taxes for all domestic Credit Cards
12 Credit & Debit cards / Net Banking / Wallet (Powered by PayU) – NIL , For all Domestic Debit Cards
13 Credit & Debit cards / Net Banking / Wallet (Powered by PayU) – Rs. 10 + Applicable Taxes for Netbanking transactions
14 Credit & Debit cards / Net Banking / Wallet (Powered by PayU) – 1.8 % + Applicable Taxes for E-wallet transactions
15 Credit & Debit cards / Net Banking / UPI (Powered by Razorpay) 1.8 % + Applicable Taxes for all domestic Credit Cards
16 Credit & Debit cards / Net Banking / UPI (Powered by Razorpay) NIL ,For all Domestic Debit Cards
17 Credit & Debit cards / Net Banking / UPI (Powered by Razorpay) Rs. 10 + Applicable Taxes ,For UPI transaction Amount above Rs.2,000.
18 Credit & Debit cards / Net Banking / UPI (Powered by Razorpay) Rs. 10 + Applicable Taxes for Netbanking transactions

Bharat QR / Scan and Pay

AXIS PG (mVisa / Scan & Pay) -Rs. 10/- per transaction + Applicable Taxes
Atom – Bharat QR – 1.75 % + Applicable Taxes

Pay On Delivery / Paylater

Pay-On-Delivery (Powered by Anduril Technologies) – Rs. 90 + Applicable Taxes for TXN Amt upto Rs. 5000/- and Rs. 120 + Applicable Taxes for above
ePaylater (Powered by Arthashastra Fintech Pvt. Ltd.) – 3.50% + Applicable Taxes

BHIM / UPI / USSD

Pay using BHIM (Powered by AXIS BANK) also accepts UPI – Transaction Charges NIL

Wallets( Mobile App )

Sr No. Bank Charges
1 PayU Money M Txn Chgs: 1.8 % of net amt + GST as applicable
2 SBI BUDDY M
3 Mobikwik Wallet M Txn Chgs: 1.80 % of net amt + GST as applicable
4 JIO Money Txn Chgs: 1.30 % of net amt + GST as applicable
5 Ola Money Txn Chgs: 1.30 % of net amt + GST as applicable
6 Airtel Money Txn Chgs: 1.8 % of net amt + GST as applicable

Multiple Payment Service( Mobile App )

Sr No. Bank Charges
1 PAYTM M Txn Chgs: Rs. 10 for Net Banking, For Debit Cards: NIL for Amt upto Rs. 2000 and 0.9 % for Amt above Rs. 2000, Other options 1.8% of Net Amt. GST as applicable
2 Zaakpay PG Txn Chgs: Rs. 5 for Net Banking, For Debit Cards: NIL for Amt upto Rs. 2000 and 0.9 % for Amt above Rs. 2000, For Credit Cards: 1.26% of Net Amt. GST as applicable
3 PayU Money Txn Chgs: Rs. 10 for Net Banking, For Debit Cards: NIL for Amt upto Rs. 2000 and 0.9 % for Amt above Rs. 2000, For Other options 1.8% of Net Amt. GST as applicable
4 Razorpay Txn Chgs: Rs. 10 for Net Banking, For UPI: NIL for Amt upto Rs. 2000 and Rs. 10 for Amt above Rs. 2000, For Debit Cards: NIL for Amt upto Rs. 2000 and 0.9 % for Amt above Rs. 2000 , For Credit Cards: 1.8 % of Net Amt. GST as applicable
5 PAYTM WALLET Txn Chgs: 1.8 % of net amt + GST as applicable

Cash on Delivery (COD)( Mobile App )

Pay-On-Delivery (Powered by Anduril Technologies) – Txn Chgs: Rs.90 for Amt upto Rs.5000 and Rs.120 for Amt above Rs.5000 + GST as applicable

Merchant Discount Rate :-

Customer Friendly Initiatives Extended to the Public by Indian Railways.

Passengers not to be Charged Merchant Discount Rate (MDR) for Booking of Railway Tickets, Railway announced through a press release on 01.03.2018. Facility of Printing Ticket Details in Local Language on Unreserved Tickets Issued Through Unreserved Ticketing System (UTS).

Merchant Discount Rate (MDR) charges will not be levied on passengers for booking railway tickets (at the railway ticketing counters as well as through IRCTC ticketing website) on payment made through Debit Cards for a transaction value upto Rupees one lakh. Instructions to this effect has been issued to the Banks by Department of Financial Services, Ministry of Finance on 26th February 2018. This will further help in promoting digital and cashless transactions.

Ministry of Railways had informed Department of Expenditure that all proceeds from sale of tickets through IRCTC website/counters go to Consolidated Fund of India through Ministry of Railways and such transactions should be considered as Government receipts. The benefits on Government transactions must be passed on to the public, and they should not face MDR charges while making payments to Government.

Also, Indian Railways has initiated the facility of printing ticket details in local language on unreserved tickets issued through Unreserved Ticketing System (UTS) with first such language being Kannada. The facility was under testing at Mysuru, Bengaluru and Hubballi stations of South Western Railway with tickets being issued at these stations form one counter as trial since 01.03.2018. It will be extended to all other stations of Karnataka from 02.03.2018.

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