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IRCTC eWallets

Trains have always been a popular form of transportation in India. The Indian railway network stretches coast to coast, passing through some of the country's most beautiful scenery. Millions of people use it to travel from one place to another.

However, to travel by train, they must buy tickets in advance. Nowadays, many individuals purchase tickets online, thanks to smartphones. You can now pay for your ticket online using the IRCTC eWallet.

With cutting-edge technology and strict regulations, IRCTC regularly improves the state of Indian rail networks. A great example is the IRCTC eWallet, which lets you purchase train tickets online.

In addition to making financial dealings easier, IRCTC's eWallet is free for three years from the date of registration. If you frequently buy rail tickets, this facility is for you.

What is IRCTC, and what do they do?

Indian Railways Reservation and Ticketing Corporation (IRCTC) is the government-run portal where travelers can book a wide range of services, such as railway ticketing, bus and hotel reservations, trip planning with pre-packaged trips, and information on the location and condition of trains as they travel.

To ensure the punctual delivery of its promised services, IRCTC relies on a vast network of collaborators. IRCTC's website has many valuable features, but it may be challenging to use due to its abundant resources and data.

A variety of applications, however, connect to the IRCTC database, making it easy to access a broad range of railway services.

You can use RailMitra to check your purchased train tickets' PNR status, see when your trains arrive and depart, order meals on your parade, and see how much tickets cost, among other things.

Features of IRCTC eWallet

Some features of the IRCTC eWallet include:

  • Users will receive a separate link to view their transaction history, which can also be used to change their passwords. Click on the 'Deposit History' link to view your deposit history.
  • In an online verification process, users of IRCTC eWallet will be verified and authenticated through their PANs or Aadhaars.
  • Bookings through IRCTC eWallet can be made confidently with secure access. To complete the booking, a Transaction Password/PIN Number must be entered through IRCTC eWallet.
  • When a ticket is canceled, IRCTC eWallet Accounts will be credited with the refund amount the following business day.
  • Since the ticket booking amount is directly transferred from the IRCTC eWallet, it is secure.
  • eWallet accounts can be funded with a minimum deposit of Rs. 100 and a maximum deposit of Rs. 10,000.
  • Refunds are not available for the deposit amount.
  • The money in the IRCTC eWallet can only be used to book railway tickets.
  • To use the IRCTC eWallet service, you must be an Indian citizen with a mobile phone number.
  • From the date of registration of the scheme, the IRCTC eWallet account is valid for three years.
  • There is no fee associated with account renewal.

Benefits of Using IRTC eWallet

There are several benefits to using the IRCTC eWallet, including:

  • Easy and hassle-free booking of tickets
  • It saves a lot of time and effort
  • Reduce the time it takes for payments to be approved
  • Encourage the booking of tickets through the Internet
  • Accounts can be topped up online as well.
  • IRCTC eWallet allows you to book tickets irrespective of which bank you choose. Even if a particular bank goes offline, you can still use your IRCTC eWallet account to book tickets.
  • When you have an IRCTC e-wallet account, you can do a secure transaction, as you need to enter your OTP and transaction password to confirm the money deduction.
  • Your IRCTC account can be managed online with a few clicks.
  • You do not have to pay any payment gateway charges for booking tickets.

Drawbacks of Using IRTC eWallet

There are a few drawbacks to using the IRCTC e wallet, including:

  • Tatkal tickets cannot be booked using the IRCTC E-wallet by the user
  • The user cannot use the E-wallet service between 8 am and 12 pm
  • The E-wallet deposit amount is not refundable once the transaction has been completed.

How to Register to IRCTC eWallet?

Setting up an e-wallet on IRCTC is as simple as adding a new payment method to your account. First, if you don't have an account, ensure that you sign up for one on their website. You need the following documentation to register an e-wallet:

  • PAN Card
  • AADHAR Card
  • Debit Card
  • IRCTC user account

Here are the steps you need to take to register for the IRCTC eWallet:

Step 1: Use your current username and password to log in to the official IRCTC website.

Step 2: If you are not yet a registered customer, please register on the IRCTC website.

Step 3: Upon logging into the IRCTC website, go to the "Plan My Travel" section.

Step 4: Click on the IRCTC e-wallet link on the following page.

Step 5: You will find an option for eWallet registration under the 'IRCTC eWallet registration' tab.

Step 6: Enter your PAN or AADHAAR number to complete the verification process.

Step 7: Click the Continue button after filling in all the details.

Step 8: You must pay a one-time fee of Rs.50 (including taxes) upon registration.

Step 9: Make your payment by choosing one of the available payment options on the website.

Step 10: In addition to paying the one-time registration fee of Rs.50, you will need to deposit Rs.100 into your IRCTC eWallet account. The registration fee is non-refundable.

Step 11: The maximum amount stored in one user's account is Rs.10,000.

Step 12: Once the payment has been made, the user will be logged out, and a successful registration message will be provided.

Step 13: When booking a train ticket, you can select the IRCTC eWallet option, which is displayed along with other bank options. You can then pay using your IRCTC eWallet account.

Keep these points in mind:

  • Registration Fee: Rs 50 + Service Tax (non-refundable).
  • Charges per transaction: Rs 10 + Service Tax
  • There is no cash refund or redemption available.
  • IRCTC eWallet balance can only be used for railway ticket purchases.
  • A user must hold Indian nationality and possess an Indian mobile number to access the IRCTC eWallet service.

How to Add Money to IRCTC eWallet?

The steps required to add money to the IRCTC eWallet are given below.

Step 1: Enter your username and password to log into your IRCTC account.

Step 2: Click on the 'IRCTC eWallet Deposit' link on the left navigation bar to deposit the amount into your IRCTC eWallet account. Select the option, enter the amount to be deposited, and confirm the deposit.

Step 3: The deposit amount should not exceed the minimum amount (Rs 100/-) and not exceed the maximum amount (Rs 10000 — Current Balance).

Step 4: Click the submit button after selecting the payment option from the dropdown list.

Step 5: A successful payment message is provided after a successful deposit. The deposit amount is non-refundable.

Step 6: You can check the status of your deposit by clicking the 'Deposit History' link on the left navigation bar. Enter your profile password and click 'Go.'

Step 7: On the 'Deposit History' page, the user can view the status of all the IRCTC e-wallet Deposit Amounts.

Step 8: Suppose the amount is debited from a customer's bank account, and the deposit is not reflected in an IRCTC eWallet account. In that case, the amount will be refunded to the customer's bank account after IRCTC receives confirmation from the concerned bank.

How to Book Tickets Using IRCTC eWallet?

To book tickets with IRCTC eWallet, the following steps need to be followed:

Step 1: Log into your IRCTC account.

Step 2: Select the train, the starting and ending stations, and the date you wish to travel on.

Step 3: Please provide information about yourself, such as your name, gender, age, etc.

Step 4: Once you have reviewed the details and are ready to book tickets, you will be directed to the Payment Gateway page, where you will find different payment options.

Step 5: From the payment options, select the IRCTC e-wallet.

Step 6: To book a ticket using an e-wallet, click the Pay & Book button.

Step 7: To complete the payment, enter your transaction password.

Step 8: Once you pay the ticket amount, it will be deducted from the IRCTC eWallet account. You will be directed to the confirmation page for submission of the OTP.

Step 9: You must confirm the transaction by providing the OTP you received on your IRCTC registered mobile number or e-mail address.

*Please be aware that for every IRCTC eWallet transaction, a fee of Rs 10 will be deducted along with any applicable taxes. 

How to Cancel a Booked IRCTC Ticket from E-wallet?

If you wish to cancel your ticket and receive a full refund, you may do so by following the below steps.

Step 1: Go to your IRCTC eWallet Login through the IRCTC e-ticketing system.

Step 2: View the transaction details by clicking the transaction ID.

Step 3: You can cancel your ticket and PNR number by clicking the "Booked Ticket History" link under "My Transactions." This will automatically cancel your ticket.

Step 4: You will receive a refund in your IRCTC eWallet account.

How to Check Refund Status?

Follow the steps below to view the refund status:

  1. Click on the 'Deposit History' link to access the refund status for IRCTC eWallet bookings.
  2. By clicking the Transaction ID, you can view the booking details.

How to Reset Your IRCTC eWallet password?

Following are the steps that can be followed to reset the password for IRCTC eWallet Transactions.

Step 1: Go to My Account after IRCTC e-wallet login to your account.

Step 2: Select 'Forgot Transaction Password' from the 'My Profile' tab.

Step 3: Enter your registered e-mail address.

Step 4: Enter the password for the IRCTC user.

Step 5: Click the send OTP button.

Step 6: Enter the OTP you received on your IRCTC-registered mobile phone.

Step 7: You will now be asked to enter a new password and confirm the same password.

How to book a Tatkal ticket Using IRCTC eWallet?

Due to the high demand for Tatkal tickets and the limited supply, it is almost like winning the lottery to secure one. Every second counts when you try to book a Tatkal ticket, as thousands of people compete for them simultaneously.

As a result, your success in securing a Tatkal reservation is entirely up to chance.  Users may not always receive a confirmation for their booking.

In addition to purchasing other tickets using the IRCTC e-wallet, it is impossible to buy tatkal tickets through the IRCTC eWallet. On any given day, a user cannot buy a railway ticket with their E-wallet from 8 a.m. to 12 p.m.

Therefore, if you are lucky and there are still tatkal quota tickets available, you may take advantage of them.

Wrapping Up

E-wallets provide several features that might be useful for planning a stress-free rail journey. Wallet services make it easy to reserve, change, and get a refund for tickets. The IRCTC e-wallet is a convenient way to save and access funds before a train journey, making fare concerns meaningless.

In IRCTC eWallet, there is no time limit on making deposits. However, the total amount deposited cannot exceed Rs. 10000/-. This deposited money has no expiration date and may be used at any time. Because it is non-refundable, it is wise to proceed cautiously when making a deposit.

It will take 2 to 3 minutes for IRCTC to connect to the payment gateway and send you a confirmation message. When buying tickets during busy travel, this time difference might significantly impact. There are times when the IRCTC site is unavailable due to high demand, preventing users from making a reservation. With an IRCTC eWallet, you can make a booking in seconds.

FAQs

Does IRCTC's e-wallet allow withdrawals?

Please note that you cannot withdraw cash or refunds from the IRCTC eWallet. Any outstanding credit must be used only for railway ticket booking through IRCTC. The money you have in your e-wallet can be used to book somebody else's tickets, and you can get their money back if you wish.

What can I do to recover my IRCTC eWallet?

Step 1: Enter your registered e-mail address with IRCTC.

Step 2: Log in with your IRCTC user password.

Step 3: Click on the send OTP button.

Step 4: Enter the OTP you received on your IRCTC-registered mobile phone.

Step 5: Please enter a new password and confirm it.

What are IRCTC's other payment gateways? 

In addition to the IRCTC e-wallet, you also make payments through IRCTC's iMudra and iPay payment gateways. These options can be found in the 'IRCTC exclusive' section of the official IRCTC website.

Is the IRCTC a private or government entity?

The Indian Railway Catering and Tourism Corporation (IRCTC) is a wholly-owned subsidiary of the Indian Railways, Ministry of Railways, Government of India. The corporation is responsible for ticketing, catering, and tourism services for the Indian Railways.

What is the registration cost for an IRCTC account?

To register as an individual user, you must provide a valid mobile number and e-mail address. Registration charges for IRCTC agents are as low as Rs 1500.

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