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Railways extends premium indent policy to facilitate freight customers

Railways extends premium indent policy to facilitate freight customers

In a bid to facilitate freight customers for timely delivery of goods through freight trains, the Ministry of Railways has introduced the policy regarding Premium Indent in March-2021 which was valid up to 30.06.2021.

Considering the appeals from freight customers, the railway authorities had decided to extend the present rate of Premium Charge i.e. 15% on normal freight beyond 30.06.2021 till further advice. Guidelines regarding the Premium Indent Policy, given below:

👉The scheme will be optional.

👉In sidings, the freight customer can indicate a date of supply of rakes and also indicate whether he/she will load if the rake is supplied after the due date on the normal tariff rate.

👉A five percent premium shall be required to be paid by the customer on normal freight. This will be deposited in advance.

👉The premium will be adjusted against the normal freight, in case the supply of the rake to the customer is done later than the indicated date on the indent.

👉Additionally, in the goods shed, the freight customer will be permitted to place a premium indent. They will receive a priority for allocation on two days as notified under the preferential traffic issued by the Railway Board’s Traffic Transportation directorate from time to time.

👉The Premium Indent that has been placed once cannot be withdrawn. The indent withdrawal will invite forfeiture of the premium paid.

👉The Premium Indent Policy will not be applicable to restricted destinations as well as destinations regulated by quota.

#VizagNews #Visakhapatnamnews #breakingnews #latestnewsvizag

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