I wanna book tickets for Rajdhani from Howrah to Delhi. Wanted to know as when and how does this dynamic pricing work…
In Dynamic Pricing System, the base fares will jump by 10% for every 10% of seats booked on the train with a limit of 50% hike in the original fare. That means only the first 10% tickets sold in Rajdhani, Shatabdi and Duronto trains will be available at the original price. Fares will go up by 10% after the sale of every 10% tickets. After the sale of 50% of the tickets no further increases will be made in the price. In short, More the demand of the tickets, higher the price which is similar to flight bookings.
Example:- The first 10% of the passengers who want to travel from New Delhi to Bhopal on the Shatabdi Express will be required to pay a base price of Rs 839. After the sale of the first 10% tickets, the fares would increase to Rs 982 and would further go up to Rs 1258 after the sale of 50% of the tickets. Therefore, passengers travelling the same distances in the same class will end up paying differential fares.
In premium trains like Rajdhani, Shatabdi and Duronto Express, dynamic fare is charged. First 10% of the total number of seats for any of these trains is sold at the base fare along with other fare components like catering and reservation charges. As soon as 10% seats are booked, the ticket fare is increased by 10% of the base fare. This continues till 50% of the tickets are booked after which tickets are sold at 1.5 times the base fare for 2S, Sleeper and 2AC coaches and 1.4 times the base fare for 3AC coaches. The ticket fare for 1A class and EC remains the same throughout and dynamic fare is not applicable for these classes.
Third AC tickets in Delhi-Mumbai rajdhani which used to cost Rs.2085 will now cost Rs.2760 if booked towards the end. Similarly, second AC tickets fare will increase from Rs.2870 to Rs.4105 for last 50% bookings. It won’t be a surprise, if under such circumstances, passengers prefer first ac in trains or flights.
Read more here: Fare hiked for Rajdhani-Shatabdi trains | Trainman Blog