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

What is Electronic Clearing Service (ECS)?

  As the name suggests, it's an electronic process through which money can be transferred from one bank account to another. According to RBI, this mode is usually used for regular payments and receipts, like distribution of dividend, interest, salary, pension etc. This mode is also used for collection of bills for telephone, electricity, water, various types of taxes, payment of EMIs , investments in mutual funds , payment of insurance premium etc. There are two types of ECS , like most other banking transactions, ECS credit and ECS debit. An ECS credit is used by a bank account holder , usually a large company or an institution for services like payment of dividend, in terest, salary, pension etc. If your mutual fund pays you dividend to your bank account, of all probability it is being paid through ECS credit.ECS debit, on the other hand, is used when a company or an institution is getting money from a large number of people. For example if you are investing in a mutual fund sc...
Read more

WEALTH TAX

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 WEALTH TAX   WHAT CONSTITUTES WEALTH? For wealth tax purposes, "wealth" means property , urban land, car, jewellery , yacht, boat, aircraft and cash in hand in excess of Rs 50,000. CAUTION POINT | Do not think you will have an easy escape from wealth tax by transferring your `wealth' without consideration to your spouse or minor child. Such assets will also be considered as your wealth. HOW TO DETERMINE YOUR TAXABLE WEALTH Add the taxable value of the above assets (computed as per the detailed rules for valuation) owned by you as on March 31 (for FY 2014-15, it will be March 31, 2015). In case you sold your car during the year, it will not be taxable wealth. Deduct loans if any obtained by you to acquire any of the taxable assets from the value of gross tax out for at least 300 days in a...
Read more

Equity Savings Fund

Invest Equity Savings Fund Online   The best part about these funds is that they are subject to equity fund taxation and at the same time are structured like MIP like funds . This new category, equity savings funds , offer a little of everything. They allocate money to equities & equity related instruments, and fixed income. They aim to generate returns by diversification. Such funds invest in fixed income and arbitrage to protect the investors from short term volatility and equity for capital gains. The best part of these funds is that they are subject to equity fund taxation and at the same time are structured like MIP funds.   MIP funds however are subject to debt fund taxation. Investors Equity savings funds are suitable for the following: First time investors who seek partial exposure to equity with less volatility and greater stability Investors seeking moderate capital appreciation with relatively lower risk Those wh...
Read more

How to Pick Top Performing Mutual Fund Schemes

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   How to Pick Performing Schemes  Funds that continue to stay in the top grade of performance over longer periods are the ones to bet on, advise investment experts   The mutual fund performance charts of the past few months make for an impressive reading. Funds across all categories boast of stellar returns. Sample this: The mid and small cap category has averaged 77 percent return over the past 12 months, with the best fund delivering a staggering 120 percent. The tax-saving funds also average an impressive 51 percent, including a fund which has soared 92 percent. Many of the table-toppers are funds of proven quality and track record. However, there are also schemes that are not that well-known. Some of these have rarely made it to the performance charts in the past, yet, of late, they bo...
Read more

8% Government of India Bonds quick guide

For those seeking comfort in safety of returns, the Government of India issued 8% savings bond once again comes to the fore. First launched in 2003, these bonds are issued by the government with a maturity of 6 years. The bonds are available at all times with specified distributors through whom you can apply to invest in them. Here is a quick guide to what the bond offers and its features to ascertain to check for suitability. What are Government of India bonds Government of India bonds are like any other government bonds with specified rate of interest. The rate is fixed at 8% per annum paid half yearly, or you can opt for cumulative payment of interest at the end of the tenure. You can buy these bonds from State Bank of India and its associates, other nationalized banks and some private sector banks such as HDFC Bank Ltd and ICICI Bank Ltd, among others. The bonds can be bought from the offices of Stock Holding Corporation of India as well. They are available in physical form onl...
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