Indian Railways to go cashless in six months

Updated: Dec 04, 2016, 12:32 IST | Amit Kumar |

The ministry of railways is all set to become the first central government department to go cashless. In order to facilitate this during the next six months

Railways cashless travel
Picture for representational purposes

New Delhi: The railways have prepared a vision document and are likely to tie up with all banks to give an option of hassle-free payment gateway to passengers, freight operators and all other stakeholders.

“Already we have been offering cashless ticketing options through the IRCTC website. More than 58 per cent of the train accommodation is presently reserved through e-ticketing. Since the remaining load is not too much, railways going cashless is viable,” said a railway officer.

The official added that the facility for purchasing unreserved tickets through mobile phones would be made available at many railway stations, which is presently available only in Delhi, Mumbai, Chennai, Kolkata and Secunderabad.

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