IRCTC launches ‘Book now, Pay later’ scheme for Tatkal tickets

The Indian Railways has introduced new rules for booking Tatkal tickets which are set to make the booking process much simpler. The website of Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) has now rolled out a new facility that works on a book now and pay later mode.

Till now, this service was available only for general reservations. For tatkal bookings people had to pay first via the standard online payment gateways before the IRCTC portal confirmed their ticket.

 The new feature eliminates the transaction failures as often the money gets debited and the ticket is not issued due to multiple reasons. The refund cycle is of about seven to 15 days.

Minister of State for Railways Rajen Gohain gave this information in a written reply to a question in Lok Sabha on  Wednesday. In a press release on the same day, the Ministry of Railways informed that the facility will be powered by M/s Arthashastra Fintech Pvt. Ltd.

How it works?

The customers need to first register with in order to avail the ‘pay on delivery’ option. They need to tender either Adhaar or PAN details at the time of registration.

1) While booking the ticket on IRCTC portal, the user then needs to choose the ‘pay-on-delivery’ option

2) The digital delivery happens instantly via SMS /email. The collection happens within 24 hours of the booking

3) The customer can also pay online through a payment link that will be sent to them at time of booking

Also Read this: Railways to provide ‘Buy Now Pay Later’ option with ePaylater to give 14 days credit


Sources: IndianExpress, FirstPost


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