IRCTC E-Wallet Funds Restricted to Ticket Purchases Only: Railway Minister Confirms No Cash Withdrawal Option

Dec 17, 2025 09:26 pm CST

Railway Minister Ashwini Vaishnaw has confirmed that IRCTC e-wallet funds can only be used for purchasing train tickets with no cash withdrawal option, operating as a closed system Prepaid Payment Instrument under RBI guidelines. However, users will receive refunds to their bank accounts upon closing their e-wallet accounts, ensuring funds aren't permanently locked in the system.