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Free insurance on railway tickets bought online

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Government today announced 10 steps to promote digital payments following demonetisation.

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New Delhi, 8 Dec 2016  : Passengers paying for railway tickets online will get free accident insurance cover of Rs 10 lakh, Finance Minister Arun Jaitley announced on Thursday.

“All passengers who buy ticket online will get free insurance cover worth Rs 10 lakh,” Jaitley told the media on the completion of one month of demonetisation.

The date for rolling out the scheme will be notified shortly, Finance Minister Arun Jaitley said.

 

Following are the top announcements made by Finance Minister


      1. For those using cards and e-wallets, Petrol and Diesel purchases will now attract a 0.75% discount.

      2. The government will provide 2 POS or Point of Sale machines for free to each village that has a population of over 8,000. 

      3. Railways to give 5% discount on catering, retiring room on payment by digital mode 

      4. All railway passengers who buy tickets online get free accident insurance cover worth Rs 10 lakh. 

      5. Monthly and seasonal tickets for suburban railways to offer 0.5% disc on digital payments 

      6. Insurance bought online from customer portal of public sector companies will get 8% discount for life & 10% for general insurance 

      7. Public Sector Banks will ensure that merchants don’t need to pay more than Rs. 100 per month as monthly rental for PoS terminals 

      8. Digital transactions of up to Rs 2,000 will be exempted from service tax 

      9. Highway toll will see 10% discount on digital payments 

      10. NABARD will give Rupay card to people who have Kisan Credit Card

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