When your train is cancelled from the start station to the destination, then the passenger name record (PNR) is automatically cancelled and the credit is transferred to the bank account. The refunds are made in the same bank accounts from where the booking has been made. However, the passengers must note that when they cancel the tickets on their own, then some cancellation charges apply. For instance, in case of first AC/ executive class, the cancellation charges are Rs. 240.
In case the passenger traveled by the second A/C or first class, the cancellation chargeslevied by the IRCTC would be Rs. 200. In case of third AC/ACC/3A economy, the cancellation charges that IRCTC (Indian Railways Catering And Tourism Corporation) levies amount to Rs.180. However, for the second sleeper class, the IRCTC levies Rs. 120 as cancellation charges. When the passenger is cancelling the second class, the cancellation charges are Rs. 60.
When the cancellation is done anytime between 48 hours and 12 hours before the scheduled departure of the train, the charges are 25% subject the minimum as mentioned above.