If you are traveling on any road and crossing any toll plaza on national highways in India from February 15, it is extremely important to have FASTag on your car. From 15 February without FASTags you may find it difficult to cross the toll. Earlier this deadline was 1 January 2021. FASTags will be mandatory to pay at the toll plaza from 15 February. Currently FASTags are being issued by some banks, including HDFC Bank, Axis Bank, ICICI Bank, Kotak Bank, Paytm Payments Bank and IDFC First Bank. More than 720 toll plazas on the National Highways of India have FASTag payment options.
Answers to some very important questions related to FASTags:
What is FASTags?
– NETC or National Electronic Toll Collection FASTag works with an electronic payment system, developed by the National Payments Corporation of India (NPCI), and uses RFID technology to toll the vehicle at the toll plaza without stopping is. FASTag is a sticker affixed to the inside of your car’s windshield. These are linked to your vehicle’s registration details via radio-frequency identification (RFID) barcode.
Where to buy FASTag?
FASTag is required for cars, buses, trucks or other types of private and commercial vehicles to pass through the toll plaza. Vehicle owners have several options to purchase FASTag. You can buy it from any toll plaza across the country. For this, you will have to show the registration document of your vehicle. This is a mandatory KYC process for purchasing FASTag. You can buy FASTag from banks, Amazon, Paytm, Airtel payment bank etc. You can buy FASTag from SBI, HDFC Bank, ICICI, Axis Bank and Kotak Bank.
What is the cost of FASTag?
The price of FASTag depends on two things. The first is for which category of vehicle you are buying FASTag. That is, you are buying for a car, bus, truck, jeep or any other vehicle. Apart from this, the price of FASTag also depends on where you are buying it from. Each bank has a separate policy on FASTag fees and securities deposits. You can buy FASTag 500 from Paytm for the car. It offers a refundable security deposit of Rs 250 and a minimum balance of Rs 150. At the same time, if you buy it from ICICI Bank, then for this you will have to pay a deposit amount of Rs 99.12 and Rs 200 as issue fees and keep a balance of Rs 200.
How to recharge FASTag?
There are two ways to recharge FASTag. The first way is to download the FASTag wallet created by the bank from which you are buying FASTag to your smartphone and recharge it with internet banking, credit card or debit card. At the same time, the other way to recharge with this is that you recharge it with a mobile wallet like Paytm, PhonePe. Apart from this, you can also recharge with Amazon Pay and Google Pay.
What is the validity of FASTag?
A FASTag is valid for 5 years from the date of issue. At the same time, the recharge you make for a FASTag account has no validity and can remain active in the recharge wallet as long as your FASTag remains valid.