Fastag will save time and fuel, also provide a 2.5% refund on payment. FASTags will be mandatory for all vehicles (private / commercial) from 1 Dec 2019, buy / recharge FASTag online, check banks list & charges, activate FASTag at banks or My FASTag App, also available for buying at paytm, amazon, PhonePe and more
- Fastag will be fully implemented on all national roads as of December 1
- Fastag is not transferable, it can only be used in a vehicle.
- At the end of the transaction, the user will receive information about the deduction by message.
- There are currently 6 million Fastag users, on average there are 1 million daily transactions.
As of December 1, drivers will not have to stop at the toll plaza to pay the toll tax. As of this day, the Fastag(Buy FASTag for vehicles online) facility will be implemented on all national roads throughout the country. The toll will now be charged through this technology. The system works with radio frequency identification (RFID) technology. In this, drivers can make non-stop payments at the toll plaza. Not only will this provide relief to people traveling on the road, but you also won’t have to stand in long lines to make tax payments. This will also reduce the time and fuel consumption.
Fastag was implemented as a pilot project across the country in 2014. In the same year, the Ministry of Road and Highway Transportation also made a separate electronic toll collection lane in all toll plazas throughout the country, to that vehicles equipped with Fastag cards could pay. To fully implement it, the government has partnered with some 23 banks to make it easily accessible to people.
Fastag: This RFID tag is placed on the windshield of the vehicle that is connected to your bank account or wallet. Each time the train crosses the toll plaza through Fastag, payment is made from a Fastag account through a scanner, where you do not have to pay the toll tax when stopping or in cash.
Next month, that is, from December 1, the government will make Fastag mandatory to pay the toll on the road. The government wants to collect 100% of the toll tax electronically and taking this into account, the toll plaza on the national highway across the country will now take the payment amount through Fastag.
Fastag – how will it work?
The National Payments Corporation of India (NPCI) has formulated the National Electronic Toll Collection (NETC) program, through which the electronic toll requirements can be met. Its main pillar is Fastag. It works with radiofrequency identification (RFID) technology. Through this technology, the user can make toll payments from the moving vehicle. There will be a deduction from the prepaid and savings account linked to Fastag. This Fastag tag will be installed on the windshield of the vehicle and the toll payment will be made as soon as it passes through the toll plaza that supports NETC.
NPCI said on its website that Fastag will not only provide cashless payment services to the user but will also reduce time and fuel consumption since the user will not have to stop at the toll plaza throughout this system.
How and where can Fastag be taken?
The government of India will implement FASTAG from December 1. Many large auto companies that buy new vehicles already receive the Fastag. The government has partnered with 23 banks in the country to provide fastags to older vehicle users. It can be purchased at many other banks, including the State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank. It can also be purchased at Amazon.
According to the SBI online page, Fastag can be purchased for any vehicle for 100 rupees. 200 according to the SBI vehicle category. 400 to Rs. Until the refundable guarantee charges the amount, which will be refunded to the user while the label is deactivated.
In addition to this, a fee of Rs 500 is charged for the car/jeep/ van when calling Fastag from Paytm. It includes 100 rupees labeled, a security deposit of 250 rupees and a minimum balance of 150 rupees.
How to link Fastag to the bank account, how to top up?
After buying Fastag, you can link to the bank account with the help of the My Fastag application. In this, the user will have to enter the vehicle registration number, after which Fastag will be activated. Through the UPI payment in the application, users can recharge their Fastag.
It can also be purchased at Paytm. A new Fastag can be requested by loading the vehicle registration number and the vehicle registration certificate in Paytm. All Fastag customers will also receive a 2.5% refund on the toll payment.
Fastag can have many benefits, but here are some of these main benefits.
- With the introduction of the Fastag system, cashless transactions will increase significantly.
- Many toll plazas were charged with arbitrary charges, this problem would also be overcome with the arrival of Fastag.
- Due to the fast Fastag you can pass through the toll plaza very quickly, then the waiting problem will be solved and diesel fuel will also be saved.
- The government grants a fixed exemption for vehicles used for Fastag, if this is discussed, between 2016 and 2017, the government has granted a 10% discount on the payment of tolls with Fastag.
- The first problem about the use of Fastag that used to come at the toll stations was the absence of vacations because many people used to fight and fight, this problem will also disappear.
- Using Fastag will also solve the problem of illegal recovery.
- The problem of excess traffic jams in the toll plaza will be solved, vehicles will not have to carry out transactions in the form of CAS, so the time will be less.
- The funds can be used for up to 5 years in Fastag Wallet.
Buy FASTag for vehicles online | List of checking and charge banks for FASTags
Buy FASTag for bank vehicles – Checklist / Charges
Since FASTag’s electronic toll collection method will be mandatory for all vehicles starting December 1, it is important that people must purchase one. People can now buy FASTag by visiting the nearest certified bank branch and linking the FASTag with their existing bank account. Here is the list of banks that provide FASTags along with their charges: –
|Bank Name||Link to Get FASTag & Know Charges||Toll Free Number for Activation|
|Axis Bank||Buy FASTag||1800-419-8585|
|ICICI Bank||Buy FASTag||1800-2100-104|
|IDFC Bank||Buy FASTag||1800-266-9970|
|State Bank of India||Buy FASTag||1800-11-0018|
|HDFC Bank||Buy FASTag||1800-120-1243|
|Karur Vysya Bank||Buy FASTag||1800-102-1916|
|EQUITAS Small Finance Bank||Buy FASTag||1800-419-1996|
|PayTM Payments Bank Ltd||Buy FASTag||1800-102-6480|
|Kotak Mahindra Bank||Buy FASTag||1800-419-6606|
|Syndicate Bank||Buy FASTag||1800-425-0585|
|Federal Bank||Buy FASTag||1800-266-9520|
|South Indian Bank||Buy FASTag||1800-425-1809|
|Punjab National Bank||Buy FASTag||080-67295310|
|Punjab & Maharashtra Co-op Bank||Buy FASTag||1800-223-993|
|Saraswat Bank||Buy FASTag||1800-266-9545|
|Fino Payments Bank||Buy FASTag||1860-266-3466|
|City Union Bank||Buy FASTag||1800-2587200|
|Bank of Baroda||Buy FASTag||1800-1034568|
|IndusInd Bank||Buy FASTag||1860-5005004|
|Yes Bank||Buy FASTag||1800-1200|
|Union Bank||Buy FASTag||1800-222244|
|Nagpur Nagarik Sahakari Bank Ltd||Buy FASTag||1800-2667183|
Know about FASTags
FASTag are prepaid rechargeable tags for toll collection that allow automatic deduction of FASTag payments. These electronic toll collection tags are usually placed on the windshield of vehicles. After activating the fastags, you will not have to stop your vehicle at the toll stations to pay the toll. As soon as the vehicle crosses the toll plaza, the toll fee will be automatically deducted from the prepaid bank account/wallet linked to the FASTag.
An activated FASTtag works with radio frequency identification (RFID) technology. All activated FASTags have no expiration date, which means they can be used as long as they are legible in the toll plaza and are not handled.
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