Through the Rolling Deposit Scheme, a user can deposit money in advance with IRCTC and use it as a payment option amongst the other payment options available on IRCTC website for paying money at the time of booking tickets. Currently there are about 4.5 lakh train tickets booked daily through IRCTC website.
A senior IRCTC official involved with the scheme said,”We have decided to launch Rolling Deposit Scheme (RDS), a hassle-free e-ticket booking scheme in which the user will be able to book e-tickets against advance money kept with us.” He added,”It will reduce the payment gateway time for the user as money will be deducted from the IRCTC and not from any bank as is the current practice.There are about 10 per cent failure in e-ticket booking due to the banking server problem.”
IRCTC will also not levy the payment gateway charge for booking e-ticket through RDS. One can join the RDS with a minimum amount of Rs 1500 also. A User can transfer the money from his bank account to IRCTC account and book tickets using that RDS account.