Refund procedure of cancelled railway tickets

Maligaon, August 3 (MExN): 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 are sub-optimal utilization. 

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.

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. Refund amount is advised to the Payment Gateway/bank through which booking amount was received. Normally bank takes time to process refund depending on the mode of transaction. 

For net banking/wallet/cash card transaction, 3-4 business days and for credit card/debit card transaction 6-7 business days. Passenger can avail ‘Book Now Pay Later’ option available in Mobile App and EMI option available in the website as payment options also.

This was stated in a press release issued by Sabyasachi De, Chief Public Relations Officer, NFR.