IRCTC to Offer Faster Refunds for Booking Issues and Cancellations

IRCTC is set to introduce a faster refund system, where you might get your money back within an hour, regardless of the reason for cancellation or booking failure.
Advertisement

Frustrated by slow refunds after booking train tickets online? Relief is on the way! The Indian Railway Catering and Tourism Corporation (IRCTC) is working with the Centre for Railway Information Systems (CRIS) to significantly improve refund processing times, according to a report by India Today.

Addressing Customer Grievances

Notably, slow refunds have been a persistent issue for Indian Railways, prompting frustrated passengers to voice their concerns on social media platforms.

Currently, the refund process can be sluggish, with IRCTC initiating refunds the day after a booking failure, followed by delays from banks or payment services. Recognizing the need for improvement, railway authorities are actively working to expedite the process, particularly crucial in today’s digital era.

Faster Refunds Incoming

The good news is that the wait times for refunds are set to shrink dramatically. Under the proposed changes, passengers can expect to receive their refunds within an hour or so, regardless of the reason for cancellation or booking failure. This streamlined process aligns with the increasing reliance on digital systems in today’s travel landscape.

Advertisement

Reasons for Refunds

There are various scenarios where you might require a railway refund. These include:

  • Booking issues – The ticket may not get confirmed despite a successful payment.
  • Cancelled trains – If your train gets cancelled, you’re entitled to a full refund.
  • Unconfirmed tickets – In case your waitlisted ticket (RAC) doesn’t get confirmed before departure, you can claim a refund.
  • Travel disruptions – Issues like significant delays or malfunctioning AC can also be grounds for seeking a refund through a Ticket Deposit Receipt (TDR).

Important Note: While the refund speed is getting an upgrade, it’s important to remember that the convenience fee charged by IRCTC at the time of booking remains non-refundable.

Faster TDR Processing Too

The report further suggests that the processing of TDRs, used for claiming refunds in cases like train cancellations or travel disruptions, will also become faster.

This improvement is attributed to the adoption of handheld devices by inspectors, allowing them to directly update information in the system, thereby expediting the refund process.

Advertisement

Streamlined Verification Process

Furthermore, efforts are being made to expedite the verification of refund claims. Inspectors now utilize handheld devices to update information directly into the system, facilitating quicker processing of refunds.

This streamlined approach signifies a commitment to enhancing customer experience and operational efficiency within the railway system

Conclusion

The upcoming changes by IRCTC and CRIS mark a positive step in improving railway refund procedures, aiming for greater efficiency and customer satisfaction.

Despite lingering challenges, these efforts to embrace digital innovations and address passenger concerns are praiseworthy. Passengers anticipate faster refunds, anticipating a more dependable rail travel experience in India.

Advertisement

(With Inputs from India Today)


Follow and connect with us on Facebook, Twitter, LinkedIn, Instagram and Google News for the latest travel news and updates!


Advertisement

Manish Khandelwal
Manish Khandelwal

Manish Khandelwal, a travel-tech enthusiast with over a decade of experience in the travel industry. Founder and Editor-in-Chief of Travelobiz.com, he's passionate about writing.

Articles: 6226