Fastag Mandatory Tolls From Dec1

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December 1, the Ministry of Highways and Roads, has made it mandatory for all vehicles, private and commercial to immediately switch to electronic toll payment also known as FASTag across the country.

What is a FASTag?

FASTag is basically a device which is affixed on a vehicles’s windscreen. A FASTag comes with Radio Frequency Identification (RFID) technology that is linked to the customer’s saving account. So, when one crosses a toll, a tag reader will scan the FASTag and deduct the toll charges electronically with no manual intervention. Users will also receive service SMSes for transaction, low balance and other details.

fastag mandatory tolls from dec1

Advantages of FASTag

  • Customers would not be required to carry cash especially for transaction in toll plazas.
  • The service will save time of a vehicle owner.
  • This will facilitate non-stop movement of vehicles leading to lower fuel consumption.

How to get FASTag on your vehicle?

FASTags can be purchased from any of the authorised banks including Axis Bank, HDFC Bank, Syndicate Bank, SBI, IDFC Bank and ICICI Bank. People can also buy FASTags from Paytm, toll plazas, RTOs, Common Service Centre, transport hubs and selected petrol pumps. It must be noted that there are certain documents required in order to purchase a FASTag. For purchasing FASTags, a vehicle-owner needs to submit a registration certificate of the vehicle, passport size photographs of the himself or herself and either the driving licence, Aadhaar card, Voter id, PAN Card or passport as identification document.

How can a FASTag be acquired?

In the run up to the December 1 deadline, new passenger vehicles nowadays are already equipped with FASTags. Existing vehicle owners can purchase the RFID tags from more than 20 NETC authorised member banks (the complete list of which is available here). Additionally, they are also retailed through point-of-sales (POS) locations at select toll plazas, the NPCI website, Amazon website and the official MyFASTag app on the Google Play Store.The price of a FASTag is fixed at Rs 100, but the threshold balance to be loaded in the FASTag account will differ as per the issuer’s transaction rules.

How can a FASTag be recharged?

A FASTag can either be linked to a prepaid account or to the customer’s savings/current account. The former requires the tag to be topped up as per the owner’s usage. This can be done through any UPI-enabled smartphone app and also through the MyFASTag app. Additionally, users have the choice of recharging their accounts from the issuer bank’s website using debit cards, credit cards and net banking. The NETC digital platform has already proved to be quite promising over the past four years. In September this year, an average of 9.7 lakh transactions were processed daily through FASTags across the country. Since the programme began, over 56 crore FASTag payments amounting to Rs 13,449 crore had been processed till the end of September 2019.

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