The Ministry of Road Transport and Highways (MoRTH) has introduced that FASTag will turn out to be necessary for all of the automobiles beginning January 1, 2021. The transfer will assist keep away from money transactions on the toll plaza and one is not going to be required to cease the automobile for cost because the transaction might be achieved digitally via this technique. Read on to know the whole lot about FASTag.
What is FASTag?
FASTag is an digital toll assortment system, which is able to get rid of the necessity to work together with anybody else at a toll plaza and having to pay money. FASTag is a sticker, which needs to be on the windshield of your automobile beginning January 1, 2021. This tag options an imprinted Radio-frequency Identification (RFID) barcode, which is linked with the registration particulars of your automobile. This method, while you drive via any toll plaza in India, you received’t be required to pay in money as the quantity might be deducted via your registered checking account with the assistance of barcode in your automobile. Do word that FASTag is at present not issued for two-wheelers.
What is the validity and value of FASTtag?
The value of a FASTag is totally different for each class of auto. As per the official web site, a FASTag will value you Rs 200, which is a one-time charge. There can be a Re-issuance charge of Rs 100, and refundable safety deposit of Rs 200.
The quantity might also range relying on the financial institution you’re choosing as each financial institution might have their very own insurance policies concerning issuance charges and safety deposits. Users will get FASTag at a a lot lower cost in the event that they get it by way of a toll plaza. Do word {that a} FASTag sticker will stay legitimate for 5 years beginning the date of issuance.
How to use for FASTag on-line?
Users should purchase FASTag from a financial institution department or POS arrange by a financial institution. The record of banks which might be at present supporting FASTags embrace HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank, Bank of Baroda and State Bank of India. If you’ve gotten FASTag with a checking account, then you’ll solely have to enter your automobile particulars to activate the Sticker.
For this, you may set up the My FASTag app in your smartphone. Users even have the choice to purchase FASTag from Amazon, PayTM, Google Pay or Airtel Payment App. You can get it delivered at your house too with the assistance of those companies.
The FASTag can be being issued on the NHAI’s factors of sale in any respect toll plazas, and Road Transport Authority (RTA) workplaces. One can apply for FASTtag on-line too. ICICI Bank has partnered with Google, in order that customers will pay for the FASTag utilizing Google Pay. They simply want to go to the official web site of the banks, search and click on on the ‘Get FASTag’ / ‘Apply for FASTag’ after which register.
What all do I have to register for FASTag?
In order to register in a financial institution, you want the next paperwork. These embrace KYC doc, registration certificates (RC) of your automobile, passport-size {photograph}, Pan Card, and tackle and ID proof. One may also submit a legitimate licence for tackle and ID proof. If you’re already a buyer, then you definately simply want the RC copy. The identical applies to Airtel and PayTM customers too.
How to test FASTag steadiness on-line?
In order to test your FASTag steadiness, it’s good to go to the web site of your issuer company/financial institution/cellular pockets. Then, log into the FASTag portal on the web site together with your login credentials to view your steadiness particulars.
How to know if and the way a lot toll has been debited?
As per the official web site, customers will get an SMS with requisite particulars to his registered cellular quantity as quickly because the toll transaction takes place. “Periodic statement of account may also be obtained on the website of the Issuer Agency after registration by the customer.” One may also name buyer care if the incorrect quantity is deducted.