Know About Indian Railways ticket cancellation refund rules:-
1. In case of cancellation of confirmed tickets (more than 48 hours advance of the scheduled departure of a train)
₹240 flat cancellation charges per passenger for AC First/executive class passengers
₹200 for AC 2-Tier/ first class
₹180 for AC 3-Tier/AC Chair car, AC-3 Economy
₹60 for Second class
2. If a passenger cancels a confirmed ticket less than 48 hours and up to 12 hours before the scheduled departure of the train In such a case, cancellation charges will be 25% of the total fare paid (subject to a minimum flat cancellation charge).
3. For cancellation of confirmed tickets less than 12 hours and up to 4 hours before the scheduled departure of the train In such a case, cancellation charges will be 50% of the total fare paid but subject to a minimum flat cancellation charge for each class.
4. For cancellation of RAC/waitlisted tickets if the ticket is presented for cancellation up to half an hour before the scheduled departure of the train (irrespective of the distance) In such a case a full refund will be given after deducting the clerkage charge per person.
Earlier this month, Indian Railways said its estimated earnings in the passenger category in the first-nine month of the fiscal year 2022-23 surged to ₹48,913 crore-- growth of 71% over ₹28,569 crore generated during the year-ago period.
The approximate total number of passengers booked in the reserved passenger segment from 1 April to 31 December 2022 stood ₹59.61 crore up from ₹56.05 crore during the same period last year, a 6% uptick.
