What is FASTag: How does it work, Balance Check, Recharge In 2024

HK
14 Feb, 2024

FASTag has been started by the National Highway Authority of India to solve the problems faced by the toll collection system at toll plazas in India. This system was first started in the year 2014. Which is now being implemented in the entire country. With the help of Fastag system, the people of the country will be able to get rid of the problems faced while paying toll tax in toll plazas and everyone will be able to pay toll tax very easily without stopping their vehicle in toll plazas.

What is FASTag and how does it work?

This is a type of chip which you have to install in your car. This chip will be installed on the front glass of the vehicle. Radio frequency identification is installed in this chip. After you have installed the Fastag chip in your vehicle, when your vehicle comes near the toll plaza, then as soon as the sensor installed at the toll plaza comes in contact with the Fastag installed in the windscreen of your vehicle, that amount will be debited from your Fastag account. It cuts the fee charged at toll plaza and you can pay your toll tax without stopping the vehicle.

Purpose of FASTag

Let us tell you that to speed up the electronic collection of road toll across the country, FASTag will soon be made available at petrol pumps, which will later be used to buy petrol and pay parking fees. Through this FASTag system, in toll plazas. Due to paying toll tax, the problems of long queues of vehicles and lack of change can be eliminated. With the help of this FASTag, everyone's time will be saved.

Saving money with Fastag

People using this Fastag in the year 2016-17 will also get 10% cashback on payment of all toll taxes and people using this Fastag between the year 2017-2018 will get 7.5% cashback and for the year 2018-2019 You will get 5% cashback between 2019-2020 and 7.5% cashback between 2019-2020 and this cashback will be sent to your Fastag account within a week. Till now this scheme was implemented only in some cities but now it is It is being implemented in the entire country.

Benefits of Fastag 2024

  • With the help of this Fastag installed in the vehicle, your time will be saved and your fuel will also be saved.
  • Through this Fastag system, complete information about you and your vehicle will be linked. By using Fastag you will also benefit from cashback.
  • This tag installed in the vehicle will work only when your prepaid account is activated.
  • The benefit of Fastag system will be given to every citizen of the country.
  • The validity of Fastag will be only for 5 years, after which you will have to install a new Fastag in your vehicle.

SMS Facility

When a person crosses a toll plaza with a vehicle fitted with Fastag system, an SMS will be sent to your mobile phone as soon as the fee is deducted from your Fastag account. Through this SMS, you will know how much money has been deducted from your Fastag account. Interested beneficiaries who want to install Fastag in their vehicle can buy it from any official issuer like all nationalized banks and Paytm etc. and get all the facilities related to it. Can take advantage of.

Fastag recharge will be done in these banks

People of the country can open their FASTag account by visiting any toll plaza and agency within the point of sale and you can open your sticker and FASTag account in ICICI Bank, Punjab National Bank, HDFC Bank, Axis Bank, Paytm Bank, SBI Bank etc. You can recharge your Fastag account from various places through credit card, debit card, RTGS and net banking. You can recharge your Fastag account with a minimum of Rs 100 and a maximum of Rs 100000. National Bank of the country. Paytm has launched FASTag to make it easier to pay toll fees on all highways across the country.

Documents to take Fastag

To open a Fastag account in the bank, you will have to submit the documents given below along with the form, after which your Fastag account will be opened.

  • Aadhar card
  • pen card
  • Ration Card, Voter ID Card
  • Passport size photo of vehicle owner
  • vehicle registration certificate
  • mobile number

Buy FASTag Online

If the interested beneficiaries of the country want to buy Fastag online, then according to Paytm, Fastag for the old vehicle can be purchased online on Paytm app. People using Paytm will get 7.5% cashback on every toll transaction. Due to which people will benefit a lot. Taking India towards progress through this online FASTag system . To get more information related to the scheme, you can visit the official website .

FAQ

1. What is FASTag and how does it work?

FASTag is an electronic toll collection system that uses Radio Frequency Identification (RFID) technology to enable seamless cashless payment at toll plazas. A FASTag is affixed to your vehicle's windshield, and it automatically deducts the toll amount from your linked prepaid account as you drive through a toll plaza. This eliminates the need to stop for cash payments, saving you time and fuel.

2. Is FASTag mandatory in India?

As of February 14, 2024, FASTag is mandatory for all vehicles (except those exempted) on national highways in India. Vehicles without FASTag are charged double the toll amount.

3. Where can I get a FASTag?

You can purchase a FASTag online through the websites of various issuers like Paytm, My FASTag, Airtel Payments Bank, etc., or offline at designated points-of-sale like toll plazas, bank branches, and vehicle dealerships.

4. How much does a FASTag cost?

The cost of a FASTag varies depending on the issuer and any additional services included. Typically, it ranges from ₹100 to ₹200, including a refundable security deposit.

5. How do I recharge my FASTag account?

You can recharge your FASTag account online through various payment gateways, mobile apps, or net banking. Additionally, some FASTags offer auto-recharge to avoid low balance issues.

6. What are the benefits of using FASTag?
  • Saves time and fuel by eliminating toll plaza stoppages.
  • Cashless transactions offer convenience and hygiene.
  • Enjoys discounts on tolls at some plazas.
  • Contributes to a smoother traffic flow.
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