IRCTC levy any registration charges for opening Rolling Deposit Scheme..?
Rs.250/- is charged as registration charge for opening Rolling Deposit Scheme (RDS) which can be redeemed against the tickets booked by the users.
Indian Railways Catering and Tourism Corporation (IRCTC) has launched the Rolling Deposit Scheme (RDS) on 22.08.2012 for individual users as a pilot project for a period of six months, with the following objectives:
(i) Reduction in time taken to book tickets
(ii) Reduction in the number of unsuccessful transactions on account of delays/network failure on part of the banks
(iii) Reduction of transaction cost
(iv) Faster crediting of refunds to customer account
(v) Improvement in overall system performance