IRCTC’s Book Now, Pay Later Scheme
If you are planning to travel by train but do not have the funds available for tickets, you can take advantage of the Indian Railway Catering and Tourism Corporation’s (IRCTC) special scheme called “Book Now, Pay Later.” This initiative allows travelers to book their train tickets immediately and defer the payment to a later date, making it easier for those who may face temporary financial constraints.
Booking Process
To utilize the Book Now, Pay Later option, users must first log in to their accounts on the IRCTC website (irctc.co.in) or through the IRCTC app. After selecting the desired train and seat, travelers can choose the “Pay Later” option on the payment page. Two alternatives will then appear: Epaylater and Cashe. Users can select one based on their convenience. If you already have an account with either service, log in; otherwise, you will need to create a new account to proceed with the booking.
Payment Terms and Conditions
Once the booking is confirmed, travelers will need to complete the payment within 14 days if using Epaylater, or according to the prescribed timeframe if using Cashe. It is important to note that failing to pay on time may incur additional charges, specifically a 3.5 percent service fee. Additionally, access to this facility is not universally available; eligibility is determined by previous transactions and the user’s relationship with Epaylater or Cashe. Some additional fees may also apply for utilizing this service.
Important Information Organised For You.
| Feature | Details |
|---|---|
Scheme Name |
Book Now, Pay Later |
Description |
Facility to book train tickets and repay later. |
How to Access |
Log in on the IRCTC website (irctc.co.in) or app. |
Booking Process |
Choose a train and seat, then select “Pay Later” on the payment page. |
Payment Options |
Epaylater and Cashe. |
Payment Timeline |
Payment due within 14 days after booking. |
Late Payment Fee |
3.5% service charge if not paid on time. |
Eligibility |
Depends on previous transactions and relationship with Epaylater/Cashe. Additional fees may apply. |