Premium Tatkal is a ticket booking quota introduced by the Indian Railways in 2014. It is a new quota that reserves a few seats with dynamic fare pricing to book train tickets. The key features of Premium Tatkal are:
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Dynamic pricing: The fare for Premium Tatkal tickets changes dynamically based on the demand for tickets. The more the demand, the higher the fare will be.
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Booking time: The booking time for Premium Tatkal is the same as that of Tatkal scheme. Bookings for both quotas open at 10 AM for AC classes and 11 AM for non-AC classes.
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Cancellation: Premium Tatkal tickets cannot be canceled.
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Booking rules: Agents are not allowed to book tickets under Premium Tatkal quota, and RAC/Waitlist ticket bookings are not allowed under this quota. All basic rules for Tatkal quota booking over the internet are applicable to Premium Tatkal quota as well.
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Availability: Premium Tatkal tickets can be purchased only through the IRCTC website, whereas Tatkal tickets can be procured through online sources like Paytm and also at the railway ticket counters. Users may find tickets under Premium Tatkal even after a few hours of the opening time, whereas normal Tatkal tickets get exhausted within a few minutes.
In summary, Premium Tatkal is a quota that offers a few seats with dynamic fare pricing to book train tickets. The fare for Premium Tatkal tickets changes dynamically based on the demand for tickets, and the booking time is the same as that of Tatkal scheme. However, Premium Tatkal tickets cannot be canceled, and agents are not allowed to book tickets under this quota.
