What does CRCO mean in BANKING
Central Route Charges Office (CRCO) is a charge levied upon companies for the use of railways in India. It is managed by the Indian Railway Catering and Tourism Corporation (IRCTC). The charges are to be paid in advance before commencing a journey.
CRCO meaning in Banking in Business
CRCO mostly used in an acronym Banking in Category Business that means Central Route Charges Office
Shorthand: CRCO,
Full Form: Central Route Charges Office
For more information of "Central Route Charges Office", see the section below.
Essential Questions and Answers on Central Route Charges Office in "BUSINESS»BANKING"
What is Central Route Charges Office (CRCO)?
Central Route Charges Office (CRCO) is a charge levied upon companies for the use of railways in India.
Who manages CRCO?
CRCO is managed by the Indian Railway Catering and Tourism Corporation (IRCTC).
When should the charges be paid?
The charges are to be paid in advance before commencing a journey.
Are there any exemptions on these charges?
No, there are no exemptions on these charges as they have to be paid in full.
Final Words:
Therefore, Central Route Charges Office (CRCO) is an important fee that needs to be paid prior to any railway journey within India. It is managed by IRCTC, and no exceptions can be made regarding paying this fee.