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Salient Features of Dynamic Fare Scheme  
2 Answers
Dec 31 2013 (18:26)
Ticket Booking/E-Ticketing

Entry# 1746     
Love the weather of Bangalore*^~
Salient Features of Dynamic Fare Scheme

Feb 13 2014 (14:45)
Blog Post# 994276-1     
shan71190   Added by: RF Z ▶NEVER BOARD A MOVING TRAIN◀*^~  Feb 13 2014 (14:53)
Take the example of air travel..
If u are booking before a month from your day of travel, say, from chennai to delhi, it is 4500 approx.
if u are booking in less than a month, it somewhere hovers from 6000-8500.
If u are booking before two days, it will be 9500.
If
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you are booking on the spot on the day of travel, it will be 9500-10000.
This is called as Dynamic Pricing. It depends on the demand on that particular day.
Lean days are the week days, Demanding days are the weekends.
during festival days, say, diwali, the price can shoot upto 12000-15000 rupees even.
So, Dynamic pricing will help IR to get some reasonable profits, since the price structure would obviously be above the current fare between any particular routes.
Hope I cleared to some extent Ji!

Info Update
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Dec 31 2013 (18:25)
Blog Post# 951409-0     
Love the weather of Bangalore*^~   Added by: Love the weather of Bangalore*^~  Dec 31 2013 (18:26)
**Salient Features of Dynamic Fare Scheme**
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Premium special train is introduced from Railway on the busy New Delhi
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Mumbai sector with dynamic fare pricing. Dynamic fare stands for the fare component which may
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be increased with the subsequent bookings
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The booking shall commence on 21st December 2013.
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There shall be no commercial stoppages enroute for this train. The trains shall originate and terminate at New Delhi and Mumbai Central stations
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I ticket Booking is not allowedin this train
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No Refund shall be granted
However full refund shall be admissibleonly if the train is fully cancelled
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Source: click here
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