Advance tickets are non-refundable, unless your train is delayed or cancelled and you choose not to travel.
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Refunds: Full refund to original form of payment with no fees if canceled 15 days or more before departure. 25% fee charged if canceled less than 14 days before departure. Tickets on unreserved services incur 25% fee if canceled an hour or more after purchase.
What is a nonrefundable ticket, anyway? When an airline says that a ticket is nonrefundable, it doesn't mean that you can't cancel a ticket. Depending on the ticket type, often, 'nonrefundable' simply means: The airline will not give you all of your money back if you cancel (true for most basic economy tickets).
All Fares. Full refund to original form of payment if changed or canceled within 24 hours of purchase, regardless of time elapsed between purchase and scheduled departure (within one hour for tickets on unreserved services). “No Show” Policy: After departure, all fares are non-refundable and cannot be changed.
Advance Single ticketAdvance Single tickets cannot be refunded but they can be changed. Changes are only allowed for a different time/date of travel, so you need to stick to the same departure and arrival stations.
Value FaresRefunds: Full refund to original form of payment with no fees if canceled 15 days or more before departure. 25% fee charged if canceled less than 14 days before departure. Tickets on unreserved services incur 25% fee if canceled an hour or more after purchase.
Essentially, a refundable airline tickets let you do just that – get a refund for the ticket if you find that you no longer want to use it. These refundable tickets are also usually changeable if your travel plans require an earlier or a later flight.