The Ministry of Railways has revised the  Passenger Fares w.e.f. 22.01.2013. Details of the fare revision are as under:-

S.N.	Class	Increase in Fare per Passenger Kilo Meter (PKM)	Minimum distance for charge
i	Second Class Ordinary (Suburban)	02 paise	No change (existing – 10 Kms)
ii	Second Class Ordinary (Non-Suburban)	03 paise	No change (existing – 10 Kms)
iii	Second Class	04 paise	50 kms
iv	Sleeper Class	06 paise	No change (existing – 200 Kms)
v	AC Chair Car	10 paise	150 kms
vi	AC 3-Tier	10 paise	300 kms
vii	First Class	03 paise	No change (existing – 100 Kms)
viii	AC 2 - Tier	06 paise	No change (existing – 300 Kms)
ix	AC First Class	10 paise	No change (existing – 300 Kms)

1. Minimum Fare: The Minimum fare chargeable will be Rs. 5.

2. Development Charge: On the revised basic fares which shall become effective from 22.01.2013, development charge shall not be leviable.

In the case of tickets already issued at pre-revised rates, The difference of revised fares and other charges on or after 22.01.2013 will be recovered either by TTEs on the trains or by the Booking/Reservation Offices before the commencement of journey by passengers. 

3. Fares of Rajdhani, Shatabdi, Garib Rath, Jan Shatabdi, Duronto, Rajya Rani and Yuva Expresses will similarly be revised .

THE Basic Fare, will be rounded off to the next higher multiple of five rupees, except that in cases where either ‘1’ or ‘6’ comes up as the last digit (i.e. in unit’s place) it will be rounded off to the immediately lower multiple of Rs. 5, i.e. Rs. 11.00, Rs. 21.00, Rs. 31.00 etc. would respectively become Rs. 10.00, Rs. 20.00, Rs. 30.00 etc. and Rs. 6.00, Rs. 16.00, Rs. 26.00 etc. would respectively become Rs. 5.00, Rs. 15.00 and Rs. 25.00 etc. and Fare values ending in Rs. 2, Rs. 3 or Rs. 4 would be getting rounded off to Rs. 5 and those ending in Rs. 7, Rs. 8, or Rs. 9 to Rs. 10 and so on and so forth.

Have you came across the situation where you were not able to do online transaction where there is only option of VISA/MASTER credit card/debit card and there is no option for Internet banking. Here I am going to tell you how to create instant VISA card that is compatible for online payment where merchant website accept VISA/ MasterCard Debit Cards as a payment option (payment in Indian Rupee).This card is exactly same as physical  Plastic card but it will be virtual in nature.The Card will be issued by marking a lien on the selected account and actual debit to the account will take place only when the Card is used.

State Bank of India (SBI) has formulated this method to generate VISA e-card using ONLINE banking.
Without talking more lets have steps to generate VISA enable e-card
Steps to Generate Virtual VISA e-card


1) Login to your online banking account (www.onlinesbi.com) and click on "e-cards" tab and select "State Bank Virtual Card" option.
2) Click on "Generate Virtual Card" tab.
3) Enter the amount and select an account which will be debited for funding (initially lien-marking and later debiting) the Virtual Card.
4) Enter the secure 8-digit password (OTP), received on your mobile.
After successful validation, Card image with Card No., expiry date, etc will be displayed on the screen and your Card is now created and available for e-commerce transaction

Cheque Truncation System (CTS) aims to make cheque clearance more efficient and reduce the clearance time of cheques to one day, thereby trimming down the floating time considerably. India processes as many as 1.2 billions cheques annually and therefore, the implementation of this system would drastically cut down the waiting period involved. The system will be implemented nationwide from April 1, 2013.

Sample CTS Cheque

An online image-based cheque clearing system, the collecting bank branch would deploy scanned images along with the magnetic ink character (MICR) of the cheque which will be sent out electronically using their Capture System, removing the need for physical/manual transfer of cheques. The captured images and the data is then signed and encrypted and sent to the Clearing House or the central processing location and thereafter forwarded to the drawee or paying bank.