Indian Railways: Every day, thousands of people use Indian Railways for travel. We frequently find that after purchasing our tickets, the trip is cancelled. Your confirmed ticket is cancelled. What is the amount that is subtracted from a confirmed ticket in the event of a cancellation? What is the amount that will be taken out of your account, and will IRCTC reimburse you for the entire amount? Here, we will inform you of the Railways’ policies about the cost of cancelling a confirmed ticket.
Instant Refund to Original Account
if you purchase a ticket online. The funds are then instantly refunded to the original account if you decide to cancel the ticket via the IRCTC website. In this case, there is no cancellation fee; instead, the fee is subtracted from your account and reimbursed. Also, there are guidelines for ticket cancellations.
Penalty Amount
- AC First Class/Executive Class – Rs 240
- AC 2 Tier/First Class – Rs 200
- AC 3 Tier/AC Chair Car/AC3 Economy- Rs 180
- Sleeper Class – Rs 120
- Second Class – Rs 60
Cancellation Between 48 to 12 Hours
Within 48 hours to 12 hours of the train trip, a confirmed ticket may be cancelled for a fee of 25% of the entire ticket price plus the minimum flat rate. A 50% ticket refund is offered if the confirmed ticket is cancelled in less than 12 hours.
Importance of Timely Cancellation
In the event that your confirmed ticket is cancelled unexpectedly, you must adhere to the ticket cancellation policy guidelines. When cancelling train tickets, timing is crucial in this case. Refunds will not be provided if the ticket is confirmed and not cancelled within 4 hours of the train’s scheduled departure time.
You will not receive a refund if you decide to cancel your rail ticket after the chart has been created. Likewise, even in the event that a confirmed Tatkal ticket is cancelled, no reimbursement will be issued. When purchasing a ticket in the present. Should it be verified, there will be no reimbursement in the event of a cancellation.
Cancellation Fee for RAC and Waiting List Tickets
if, despite charting, your ticket is still on the RAC and waiting list. Thirty minutes prior to the train’s planned departure, you cancel your ticket. In the sleeper class, there will be a cancellation fee of Rs 60. In contrast, Rs 65 will be withheld from the AC class payment and the balance would be reimbursed.