Kochi Metro reduces fare rates to help commuters

Kochi (Metro Rail News): Kochi Metro Rail Limited has reduced the fare of Kochi Metro. As per the latest revision, the maximum amount will be Rs 50 (earlier it was 60). There is a discount of ten percent for all Kochi 1 card holders also.
There will be only four rates in the new fare structure. The revised rates are Rs 10, 20, 30 and 50. There will be a reduction in the weekday and weekend pass also.

Earlier it was Rs 125 for weekday pass while the new rate is Rs 110. For weekend pass the earlier figure was Rs 250 and the new rate is Rs 220. 
As per the newly introduced fare structure, a person can travel five stations for Rs 20, 12 stations for Rs 30 and beyond 12 stations the rate is Rs 50.

New Fare Structure Slabs: Rs.10,20,30,50 along with weekday Pass of Rs 110 and weekend Pass of Rs 220.

OLD  Fare Structure 
Slabs: Rs 10,20,30,40,50,60.

Weekday Pass : Rs 125Weekend Pass : Rs 250  

“We have considered the COVID scenario before taking a decision to revise the fare structure. We at KMRL always vouch for providing seamless connectivity to the people of Kochi. We have classified the rates to slabs so that passengers  get maximum benefit.” said Additional Chief Secretary Alkesh Kumar Sharma IAS, MD KMRL.

We have received requests from the Kochi1 card customers with regard to the existing balance and validity period. We have considered the same and decided to extend the validity by issuing new cards. For those who have expired the validity of Kochi 1 card will be replaced with a new card without any issuance fee and the balance of the expired card will be transferred to the new card later. Balance amount in the old card will be transferred to the new card so that no one will lose money due to the lockdown, he added. 
Customers having any issues with regard to the Kochi 1 card can contact Kochi Metro’s helpline number. 1800 425 0355

Other than the above mentioned discount Axis bank has also offered a waiver on issuance fee. 

1.      Issuance fee waiver offer-

•  Issuance fee worth Rs. 150 waived off on new Kochi1 cards. Now get a Kochi1 card at ZERO issuance fee.
•   Offer period: 7^th September 2020 to 22^nd October 2020
•   Eligible customers- New customers.
•   Annual fee at Rs. 75 and Top Up fee at Rs. 5 will be levied.
• “The  Minimum top up amount will be Rs. 200 while non-personalized cards- issuance fee will be levied during purchase and will be reversed as cashback within 15 days”, said KMRL.