Monday, November 1, 2010

Cash back offer on train tickets for SBI credit card holders

The Indian Railways is offering cash back facility to the people who book their ticket through the website of Indian Railways Catering and Tourism Corporation (IRTC). The cash back offer is valid only for bookings made up to November 30, 2010. The scheme is under some terms and conditions.

Passengers can avail cash back between 12% and 14% on rail tour packages. The scheme is only for Indian citizens who are retail customers and own a SBI or Tata card. The customers can avail scheme for packages booked through IRCTC and rail tourism websites using any SBI master card.

The cash back is calculated on the following basis: 12% cash back on total transaction value of tickets up to Rs 7,500 and 14% cash back on tickets above Rs 7500.

SBI credit card holder who avail this offer using card for packages booking, IRCTC will credit back the offer to the account of the passenger within seven working days which will reflect in the SBI cardholder’s monthly statement.

The offer will be subject to the availability at the time of booking and will be governed by the standard IRCTC terms and conditions. The usual cancellation charges/date change penalties will be applicable as per the railways rules for all bookings done through this promotion.

The refunds, if any will be done after deducting the cash back that has been processed while taking the original booking. It the tickets/bookings have been partly utilized in such case there will be no refunding.

The funds for scheme have been provided from a special promotional budget created by IRCTC.