Fastag will save time and fuel, it will also provide 2.5% cashback on payment

From December 1, drivers will not have to stop at the toll plaza to pay toll tax. From this day onwards, the facility of fastag is going to be implemented on all national highways across the country. Now toll payment will be collected through this technology. The system works on Radio Frequency Identification (RFID) technology. In this, drivers will be able to make non-stop payments at the toll plaza. This will not only provide relief to the people traveling on the highway, but also do not have to take long queues to make tax payments. This will also reduce time and fuel consumption.

Fastag was implemented as a pilot project across the country in 2014. In the same year, the Ministry of Road Transport and Highways also made a separate electronic toll collection lane at all toll plazas across the country, so that vehicles equipped with Fastag cards could pay. To implement it fully, the government has partnered with about 23 banks to make it easily accessible to the people.

Know the benefits of fastag, how it will work …

What is fastag, how will it work?

The National Payment Corporation of India (NPCI) has formulated the National Electronic Toll Collection (NETC) program, through which the requirements of electronic tolling can be met. Its mainstay is Fastag. It works on Radio Frequency Identification (RFID) technology. Through this technology, the user will be able to make toll payments from the moving vehicle. There will be deduction from fastag linked prepad and saving account. This fastag tag will be installed on the windscreen of the vehicle and toll payment will be made as soon as it passes through the toll plaza supporting NETC.

NPCI said in its website that Fastag will not only provide cashless payment to the user but also reduce the time and fuel consumption as the user will not have to stop at the toll plaza in this entire system.

How and where can Fastag be taken?

The government of India is going to implement FASTAG from 1st December. Many big auto companies buying new vehicles are already being given the fastag already. The government has tied up with 23 banks in the country to provide fastag to older vehicle users. It can be purchased from many other banks including State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank. It can also be purchased from Amazon.

According to the online page of SBI, Fastag can be purchased for any vehicle for 100 rupees. 200 as per SBI vehicle category. 400 to Rs. Till the refundable security is charging the amount, which will be returned to the user while the tag is deactivated.

Apart from this, a fee of Rs 500 is being charged for the car / jeep / van on calling Fastag from Paytm. Which includes tagged 100 rupees, security deposit 250 rupees and minimum balance 150 rupees.

How to link fastag to bank account, how to recharge?

After buying Fastag, it can be linked to bank account with the help of My Fastag app. In this, the user will have to enter the vehicle registration number, after which Fastag will be activated. Through the UPI payment on the app, users will be able to recharge their Fastag.

It can also be purchased from Paytm. One can apply for new fastag by uploading vehicle registration number and vehicle registration certificate on Paytm. All Fastag customers will also get 2.5% cashback on toll payment.

Fastag will be of different colors for the category of vehicles