Skip to main content

Book Train Tickets Online through IRCTC RuPAY Debit Card

 

To widen the reach of financial inclusion program and maximizing cashless transactions IRCTC in collaboration with Union Bank of India (UBI) and the National Payments Corporation of India (NPCI) has launched the RuPay Debit Card to book tickets online which will be called as "IRCTC-UBI RuPay pre-paid card" as shown below:

IRCTC RuPAY Debit Card

What is IRCTC RuPAY Debit Card?

RuPay is the country's own card payment gateway network like Visa and Master Card, and provides an alternative system for banks to provide a debit card service.

Apart from enabling online tickets booking, IRCTC RuPAY Debit Card will also facilitate user to make payment of service and do shopping online but in second phase.

Benefits of IRCTC RuPAY Debit Card

  1. IRCTC RuPAY Debit Card Holder will get accident insurance of Rs.1 lakh but after furnishing full KYC details.
  2. First Five ticket bookings per card per month are free for initial 6 months. 6th transaction will attract a charge of Rs.10 per transaction.
  3. After 6 months of free usage, Rs.10 will be charged for each transaction.
  4. Similar to other cards, rewards points will also be awarded for each transaction. Redemption process is still to be specified by IRCTC.

Types of IRCTC RuPAY Debit Card

1. Virtual Card

Virtual Card is completely free of charge and can be obtained with furnishing partial KYC norms. Virtual Card comes with a low limit of Rs.10,000 and a validity of 1 year. The card details i.e. card number, expiry year and CVV will be sent to the registered email address which can be used for booking tickets online.

 

2. Physical Card

Physical card bears a cost of Rs.500. It comes with two options. The first option is same as of virtual card i.e. limit of Rs.10,000 with 1 year validity.

Under second option, the limit and validity can be increased to Rs.50,000 and to 3 years by furnishing full KYC details.

The card will be sent to the registered mailing address.

IRCTC RuPAY Debit Card Options

How to get IRCTC RuPAY Debit Card?

First of all there is no need to have Union Bank of India Account to get IRCTC RuPAY Debit Card. The Cards can be made available either from the UBI Office or through IRCTC site.

UBI Office:

  1. Approach to nearest UBI branch and ask for the .
  2. You need to provide details of your PAN card (mandatory) and Aadhaar Card (optional).

Online through IRCTC:

1. You can also apply for IRCTC RuPAY Debit Card at:https://acm.fssnet.co.in/ACM/portal/ci_hp/1_1.acm#

2. Click on the Request for new card.

IRCTC RuPAY Debit Card Online Apply

3.  Fill the required details as asked.

IRCTC RuPAY Debit Card Online form

4. Pay initial topup of Rs.500 by netbanking, credit card or debit card.

5. The card will be sent to the mailing or email address according to the type of card chosen.

Initial Top-up or Reloading your IRCTC RuPAY Debit Card

  1. Initial topup amount is Rs.500 at the time of purchasing card.
  2. Subsequent topup amount should be minimum Rs.500 with maximum of permissible card limit.
  3. Cards can be reloaded either through the net banking or via NEFT by visiting the UBI Branch.
  4. No additional charges will be levied on reloading.

Closing or Surrendering your IRCTC RuPAY Debit Card

  1. In case you wish to surrender your card than a fee of Rs.100 will be charged and deducted from your card balance.
  2. Remaining balance will be transferred via NEFT only.
  3. If the card balance is less than Rs.100 than card cannot be surrendered.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

Invest in Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

Am you Required to E-file Tax Return?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Am I Required to 'E-file' My Return? Yes, under the law you are required to e-file your return if your income for the year is Rs. 500,000 or more. Even if you are not required to e-file your return, it is advisable to do so for the following benefits: i) E-filing is environment friendly. ii) E-filing ensures certain validations before the return is filed. Therefore, e-returns are more accurate than the paper returns. iii) E-returns are processed faster than the paper returns. iv) E-filing can be done from the comfort of home/office and you do not have to stand in queue to e-file. v) E-returns can be accessed anytime from the tax department's e-filing portal. For further information contact Prajna Capit...
Read more

Mutual Fund Review: HDFC Index Sensex Plus

  In terms of size, HDFC Index Sensex Plus may be one of the smallest offerings from the HDFC stable. But that has not dampened its show, which has beaten the Sensex by a mile in overall returns   HDFC Index Sensex Plus is a passively managed diversified equity scheme with Sensex as its benchmark index. The fund also invests a small proportion of its equity portfolio in non-Sensex scrips. The scheme cannot boast of an impressive size and is one of the smallest in the HDFC basket with assets under management (AUM) of less than 60 crore. PERFORMANCE: Being passively managed and portfolio aligned to that of the benchmark, the performance of the index fund is expected to follow that of the benchmark and in this respect, it has not disappointed investors. Since its launch in July 2002, the fund has outperformed Sensex in overall returns by good margins.    While every 1,000 invested in HDFC Index Sensex Plus in July 2002 is worth 6,130 now, a similar amount invested in Sensex then wo...
Read more

IDFC - Long term infrastructure bonds - Tranche 2

IDFC - Long term infrastructure bonds What are infrastructure bonds? In 2010, the government introduced a new section 80CCF under the Income Tax Act, 1961 (" Income Tax Act ") to provide for income tax deductions for subscription to long-term infrastructure bonds and pursuant to that the Central Board of Direct Taxes passed Notification No. 48/2010/F.No.149/84/2010-SO(TPL) dated July 9, 2010. These long term infrastructure bonds offer an additional window of tax deduction of investments up to Rs. 20,000 for the financial year 2010-11. This deduction is over and above the Rs 1 lakh deduction available under sections 80C, 80CCC and 80CCD read with section 80CCE of the Income Tax Act. Infrastructure bonds help in intermediating the retail investor's savings into infrastructure sector directly. Long term infrastructure Bonds by IDFC IDFC issued an earlier tranche of these long term infrastructure bonds on November 12, 2010. This is the second public issue of long-te...
Read more

Section 80CCD

Top SIP Funds Online   Income tax deduction under section 80CCD Under Income Tax, TaxPayers have the benefit of claiming several deductions. Out of the deduction avenues, Section 80CCD provides t axpayer deductions against investments made in specific sector s. Under Section 80CCD, an assessee is eligible to claim deductions against the contributions made to the National Pension Scheme or Atal Pension Yojana. Contributions made by an employer to National Pension Scheme are also eligible for deductions under the provisions of Section 80 CCD. In this article, we will take a look at the primary features of this section, the terms and conditions for claiming deductions, the eligibility to claim such deductions, and some of the commonly asked questions in this regard. There are two parts of Section 80CCD. Subsection 1 of this section refers to tax deductions for all assesses who are central government or state government employees, or self-employed or employed by any other employers. In...
Read more

ULIP Review: ProGrowth Super II

  If you are interested in a death cover that's just big enough, HDFC SL ProGrowth Super II is something worth a try. The beauty is it has something for everybody — you name the risk profile, the category is right up there. But do a SWOT analysis of the basket, and the gloss fades     HDFC SL ProGrowth Super II is a type-II unit-linked insurance plan ( ULIP ). Launched in September 2010, this is a small ticket-size scheme with multiple rider options and adequate death cover. It offers five investment options (funds) — one in each category of large-cap equity, mid-cap equity, balanced, debt and money market fund. COST STRUCTURE: ProGrowth Super II is reasonably priced, with the premium allocation charge lower than most others in the category. However, the scheme's mortality charge is almost 60% that of LIC mortality table for those investing early in life. This charge reduces with age. BENEFITS: Investors can choose a sum assured between 10-40 times the annualised premium...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now