Introduction
The IRCTC e-Wallet is a convenient and efficient scheme offered by the Indian Railway Catering and Tourism Corporation (IRCTC). It allows users to deposit money in advance, which can be used as a payment option when booking train tickets. This digital payment method offers several advantages, making it a popular choice among train travellers in India.
Salient Features of IRCTC e-Wallet
User Authentication: To ensure security, IRCTC e-Wallet users undergo a verification process using their PAN or Aadhaar.
Secured Access: Access to the e-Wallet is highly secure, requiring a Transaction Password or PIN Number for every booking, enhancing the safety of your transactions.
Complete Transaction History: Users have access to a dedicated section for IRCTC e-Wallet transactions, payment history, and the option to change their transaction password.
Easy Refund: In case of ticket cancellations, the due refund is promptly credited to your IRCTC e-Wallet account, ensuring a hassle-free refund process.
Advantages of IRCTC e-Wallet
Hassle-Free and Secure Transactions: Using the e-Wallet streamlines the payment process, eliminating the need for a payment approval cycle, thus saving precious booking time. Additionally, it provides a high level of security, reducing the risk associated with sharing payment details.
Savings on Payment Gateway Charges: Users benefit from reduced Payment Gateway charges per ticket when utilising the e-Wallet, resulting in cost savings.
Online Account Management: The e-Wallet offers the convenience of managing your account online, including the option to top up your wallet digitally.
Reduced Bank Dependency: With IRCTC e-Wallet, the dependency on a specific bank is diminished. Even if any of the associated banks go offline, you can still book tickets using your e-Wallet account.
Steps to Register and Book Tickets Using IRCTC e-Wallet
1. Log in to your IRCTC account with your existing user ID and password.
2. Navigate to the "IRCTC e-Wallet Registration" link in the "Plan my travel" section.
3. Complete the verification process by providing either your PAN or Aadhaar details and other required information.
4. Pay a one-time registration fee of Rs. 50 (excluding Service Tax) online, using the available payment options.
5. Please note that membership fees and redemption criteria are subject to change at the discretion of IRCTC.
6. Credit your IRCTC e-Wallet account with a minimum deposit of Rs. 100 and top up with the desired booking amount. The maximum permissible balance in a user's account is Rs. 10,000.
7. When booking tickets, select IRCTC e-Wallet as the payment option, which will be displayed alongside other banking choices.
In conclusion, the IRCTC e-Wallet is a user-friendly and secure digital payment method that simplifies the ticket booking process for Indian train travellers. It offers a range of advantages, including quick transactions, cost savings, and reduced bank dependency. To enhance your train booking experience, consider registering for the IRCTC e-Wallet and enjoy its benefits.
