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.BankCharges
1State Bank of IndiaRs. 10/- per transaction + Applicable Taxes
2State Bank of India and AssociatesRs. 10/- per transaction
3Federal BankRs.10/- + Applicable Taxes
4Indian BankRs. 10/- per transaction
5Union Bank of IndiaRs. 10/- per transaction
6Andhra BankRs.10/- + Applicable Taxes
7Punjab National BankRs. 10/- per transaction
8Allahabad BankRs.10/- + Applicable Taxes
9Vijaya BankRs.10/- + Applicable Taxes
10AXIS BankRs.10/- + Applicable Taxes
11HDFC BankRs.10/- + Applicable Taxes
12Bank of BarodaRs. 10/- per transaction + Applicable Taxes
13Karnataka BankRs. 10/- per transaction
14Oriental Bank of CommerceRs.10/- + Applicable Taxes
15Karur Vysya BankTransaction Charges NIL
16Kotak Mahindra BankRs.10/- + Applicable Taxes
17ING Vysya Bank (now Kotak)Rs.10/- + Applicable Taxes
18ICICI BankRs.10/- + Applicable Taxes
19IndusInd BankTransaction Charges NIL
20IMPSRs. 5 for TXN Amt upto Rs. 5000/- and Rs. 10 for above.
21Central Bank of IndiaRs. 10/- + Applicable Taxes
22Bank of IndiaRs. 10/- per transaction
23Syndicate BankRs. 10/- per transaction
24Bank of MaharashatraRs. 10/- per transaction
25IDBI BankTransaction Charges NIL
26Corporation BankRs. 10/- per transaction
27Yes BankRs. 5/- per transaction + Applicable Taxes
28Nepal SBI Bank Ltd.NPR 19/- per transaction + Exchange Commision + Applicable Taxes
29South Indian BankTransaction Charges NIL
30Canara BankRs. 10/- per transaction + Applicable Taxes
31City Union BankNil
32Airtel Payments BankRs.10/- + Applicable Taxes

Payment Gateway /Credit /Debit Cards

Sr No.BankCharges
1Visa/Master Card(Powered By ICICI BANK)1.8 % + Applicable Taxes for all domestic Credit Cards
2Visa/Master Card(Powered By ICICI BANK)– 0.25% + Applicable Taxes, For all Domestic Debit Cards transactions Amount upto Rs. 1,000.
3Visa/Master Card(Powered By ICICI BANK)– 0.50% + Applicable Taxes, For all Domestic Debit Cards transactions Amount between Rs. 1001 – 2000
4Visa/Master Card(Powered By ICICI BANK)– 1% + Applicable Taxes, For all Domestic Debit Cards transactions Amount above Rs. 2,000.
5American Express1.8% of Transaction Amount
6Visa/Master Card(Powered By AXIS BANK)1.65% + Applicable Taxes, For all Master/Visa Credit Cards. NIL , For all Domestic Debit Cards
7RuPay 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.BankCharges
1State Bank of IndiaTransaction Charges NIL
2Indian Overseas BankNIL , For transaction Amount upto Rs. 2,000. – Rs. 10 , For transaction Amount above Rs. 2,000.
3Punjab National BankRs. 10/- per transaction
4Indian BankNIL , For transaction Amount upto Rs. 2,000. – Rs. 10 , For transaction Amount above Rs. 2,000.
5Union Bank of IndiaRs. 10/- per transaction
6Bank of IndiaRs. 10/- per transaction
7Andhra BankRs.10/- + Applicable Taxes
8Canara BankTransaction Charges NIL
9CITI BankRs.10/- or 1.8% whichever is higher + Applicable Taxes.
10ICICI BankRs.10/- + Applicable Taxes
11HDFC BankTransaction Charges NIL
12Central Bank of IndiaRs. 10/- + Applicable Taxes
13AXIS BankTransaction Charges NIL
14United Bank of IndiaTransaction Charges NIL

 

Wallets/ Cash Cards

Sr No.BankCharges
1ITZ Cash CardRs. 10/- or 1.5% whichever is lower
2I Cash Card1.5% per transaction
3Oxigen Wallet1.80% + Applicable Taxes
4Paytm Wallet1.80% + Applicable Taxes
5Mobikwik Wallet1.80% + Applicable Taxes
6mRUPEE WalletTransaction Charges NIL
7Paytm Wallet1.80% + Applicable Taxes
8Freecharge Wallet1.80% + Applicable Taxes
9SBI BuddyRs. 10/- per transaction + Applicable Taxes
10OLAMONEY Wallet1.30% + Applicable Taxes
11Airtel Money.75% + Applicable Taxes
12I Cash Card1.5% 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.BankCharges
1Credit & Debit cards / Net Banking / Wallet (Powered by Paytm)1.8 % + Applicable Taxes for all domestic Credit Cards
2Credit & Debit cards / Net Banking / Wallet (Powered by Paytm)NIL , For all Domestic Debit Cards
3Credit & Debit cards / Net Banking / Wallet (Powered by Paytm)Rs. 10 + Applicable Taxes for Netbanking transactions
4Credit & Debit cards / Net Banking / Wallet (Powered by Paytm)1.8 % + Applicable Taxes for E-wallet transactions
5International cards (Powered by ATOM)4% of Transaction Amount (Including Applicable Taxes)
6Credit & Debit cards / Net Banking / Wallet (Powered by ITZ)1.8 % + Applicable Taxes for all domestic Credit Cards
7Credit & Debit cards / Net Banking / Wallet (Powered by ITZ)NIL ,For all Domestic Debit Cards
8Credit & Debit cards / Net Banking / Wallet (Powered by ITZ)Rs. 10 + Applicable Taxes for Netbanking transactions
9Credit & Debit cards / Net Banking / Wallet (Powered by ITZ)1.5 % + Applicable Taxes for E-wallet transactions
10Credit & Debit cards / Net Banking / Wallet (Powered by ITZ)4% + Applicable Taxes for International Cards
11Credit & Debit cards / Net Banking / Wallet (Powered by PayU)– 1.8 % + Applicable Taxes for all domestic Credit Cards
12Credit & Debit cards / Net Banking / Wallet (Powered by PayU)– NIL , For all Domestic Debit Cards
13Credit & Debit cards / Net Banking / Wallet (Powered by PayU)– Rs. 10 + Applicable Taxes for Netbanking transactions
14Credit & Debit cards / Net Banking / Wallet (Powered by PayU)– 1.8 % + Applicable Taxes for E-wallet transactions
15Credit & Debit cards / Net Banking / UPI (Powered by Razorpay)1.8 % + Applicable Taxes for all domestic Credit Cards
16Credit & Debit cards / Net Banking / UPI (Powered by Razorpay)NIL ,For all Domestic Debit Cards
17Credit & Debit cards / Net Banking / UPI (Powered by Razorpay)Rs. 10 + Applicable Taxes ,For UPI transaction Amount above Rs.2,000.
18Credit & 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.BankCharges
1PayU Money MTxn Chgs: 1.8 % of net amt + GST as applicable
2SBI BUDDY M
3Mobikwik Wallet MTxn Chgs: 1.80 % of net amt + GST as applicable
4JIO MoneyTxn Chgs: 1.30 % of net amt + GST as applicable
5Ola MoneyTxn Chgs: 1.30 % of net amt + GST as applicable
6Airtel MoneyTxn Chgs: 1.8 % of net amt + GST as applicable

Multiple Payment Service( Mobile App )

Sr No.BankCharges
1PAYTM MTxn 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
2Zaakpay PGTxn 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
3PayU MoneyTxn 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
4RazorpayTxn 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
5PAYTM WALLETTxn 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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