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

Term insurance

Term insurance may not be the most-marketed product by life cos, but it’s a must-have in today’s risk-prone lifestyle WHEN was the last time your insurance agent sold a term plan to you? It’s not a very popular policy among agents, as their commission in absolute terms is low because of the low-premium. Just as agents have their self interests in mind while selling, you need to make your own decision about your insurance needs, which are unique to your family. COST ADVANTAGE A term plan is pure protection. It is the cheapest type of life insurance policy. But what you see might not be what you get, most insurers have a range of health parameters for standard rates. If any of your health parameters — weight, blood pressure for instance fall outside this range, you will pay more. For some companies, the standard range is very narrow. EARLY BIRD GAINS A 30-year-old will pay 15% more premium than a 25-year-old. At 40, the premium is double of what is applicable for a 25-year old, points...
Read more

ICICI Prudential Balanced Fund

 ICICI Prudential Balanced Fund scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities. The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent. An impressive show in the last couple of years has propelled this fund from a three-star to a four-star rating. The fund has traditionally featured a high equity allocation, hovering at well over 70 per cent, which is higher than the allocations of the peers. But in the last one year, the allocation has been moderated from 78-79 per cent levels to 66-67 per cent of the portfolio. ICICI Prudential Balanced Fund appears to practise some degree of tactical allocation based on market valuations. Within equities, well over two-thirds of the allocation is parked i...
Read more

TDS Rate and Personal Account Number(PAN)

    The TDS rate doubles to 20% from 10% if you fail to mention your Personal Account Number   IF you run a glance through your pay slip, you will come across something called TDS, which is tax deduction at source. In most cases, the employer deducts this amount at the time of payment of salary itself and pays the total tax amount to the government on behalf of all the employees. If you are a self- employed or practicing professional s, you have to pay this amount yourself.    Tax deducted at source is one of the modes of income tax collection by the government. Under the income-tax laws, income tax at specified rates is required to be deducted while making certain payments.    The rate of deduction of tax at source on interest and rent payment is 10%. For salary payments, the employers deduct income tax at source on a monthly basis after computing income tax liability on estimated annual taxable income of the employee. Tax benefits on housing loan, investments, etc are consid...
Read more

L&T Tax Advantage

Best SIP Funds to Invest Online   The fund follows a growth approach to investing in quality stocks that have a large-cap tilt This large-cap tilted ELSS has fared consistently and fared better than its benchmark by posting a higher margin of outperformance. The fund follows a growth approach to investing in quality stocks that have a large-cap tilt, which is evident in its portfolio. The portfolio is further well diversified across market capitalisation and sectors with over 60 stocks finding a place in it. The upside with this fund is the fact that it has witnessed both down and up cycles of the market to come across as a winner in the long run. Do not doubt the fund based on its size and a few mediocre years of performance, because when analysing its rolling three year returns, the fund's performance stands out to qualify as a must have ELSS in one's portfolio. Stay invested through the lock-in and there are chances of benefiting from returns as well as tax savings will prov...
Read more

Tax Planning: Income tax and Section 80C

In order to encourage savings, the government gives tax breaks on certain financial products under Section 80C of the Income Tax Act. Investments made under such schemes are referred to as 80C investments. Under this section, you can invest a maximum of Rs l lakh and if you are in the highest tax bracket of 30%, you save a tax of Rs 30,000. The various investment options under this section include:   Provident Fund (PF) & Voluntary Provident Fund (VPF) Provident Fund is deducted directly from your salary by your employer. The deducted amount goes into a retirement account along with your employer's contribution. While employer's contribution is exempt from tax, your contribution (i.e., employee's contribution) is counted towards section 80C investments. You can also contribute additional amount through voluntary contributions (VPF). The current rate of interest is 8.5% per annum and interest earned is tax-free. Public Provident Fund (PPF) An account can be opened wi...
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