Tag Archives: currency

Facing shortage of currency notes of lower denominations coupled with heavy rush at booking counters, the railways has reportedly stopped giving refund for cancellation of tickets in cash and is issuing ticket deposit receipts (TDR) instead. “So we are giving TDR to those who are cancelling tickets and if the refund amount is Rs 10,000 or more then it would be returned to the bank account of the person,” a railways official said. In case of refund amount touching Rs 10,000 or above, the railways will only transfer the amount to the customer’s bank account and the person concerned is required to furnish account details for receiving the amount while cancelling the ticket. According to IRCTC, the online ticketing arm of the railways, total 5,55,587 e-tickets were booked on 8 October, while it fell to 5,07,996 on October 9. The railways earned Rs 123 crore on ticket sales on October 9 as against the collection of Rs 109 crore on October 8, an increase of Rs 14 crore.

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