Report Wire

Tag: fastag recharge

  • FASTag customers utilizing Mumbai-Pune Expressway to get THIS a lot cashback

    Image Source : PTI FASTag customers utilizing Mumbai-Pune Expressway to get THIS a lot cashback  
    Vehicle house owners will get a cashback of 5 per cent over fee of toll by FASTag at toll plazas on the Mumbai-Pune Expressway and Bandra-Worli Sealink from January 11, the Maharashtra State Road Development Corporation (MSRDC) stated on Thursday. As per a launch issued by the transport physique, the cashback scheme was launched in a bid to extend the variety of autos utilizing FASTag.
    The scheme can be relevant for automobiles, jeeps and SUVs for a restricted interval, it was acknowledged.
    FASTag programme makes use of radio-frequency identification know-how, which offers customers a easy crossover at toll plazas with out halting. The fee is made digitally by the FASTag linked to the financial institution pockets.

    “During every journey, five per cent of the toll amount will be directly deposited in the FASTag account of vehicle owners travelling on Mumbai-Pune Expressway and Bandra-Worli Sea Link,” Vijay Waghmare, joint managing director of the MSRDC stated.
    The Ministry of Road Transport and Highways has appointed MSRDC as a Nodal company to develop the mandatory infrastructure for FASTag system at toll plazas throughout the state.
    According to the MSRDC, FASTag has been applied on Mumbai-Pune Expressway, Bandra-Worli Sea Link, Satara-Kagal freeway and 4 entry factors of Mumbai metropolis. 
    Latest Business News

  • FASTag necessary for all automobiles from January 1: All your questions answered

    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.

  • Google Pay will now presents FASTag in partnership with ICICI Bank: Here’s the way it works

    ICICI Bank has introduced a partnership with Google, which is able to enable customers to challenge FASTag utilizing Google Pay. Currently Google Pay customers may recharge their FASTag on the app, however buying one straight from the Google app was not doable. The new partnership will now enable customers to conveniently order, monitor, and recharge ICICI Bank FASTags from the app itself. The authorities has made January 1, 2021 as the brand new date for mandatorily including FASTags to automobiles.
    The announcement makes ICICI Bank the primary financial institution to hitch palms with Google Pay for the issuance of FASTag. This may even add competitors for Paytm, which at the moment points FASTags from the app as properly and is sort of a well-liked alternative for a lot of prospects.
    “With the increased adoption of digital payments in all walks of life, we believe that this collaboration with Google will help Google Pay users to apply for a new FASTag and get it delivered free of cost at their doorstep. The association gains prominence during the widespread pandemic as this allows any Google Pay user to order and receive FASTag in a seamless and contact-less manner”, Sudipta Roy, Head- Unsecured Assets, ICICI Bank stated in a press assertion.

    FASTag is an digital toll assortment system, operated by the National Highway Authority of India (NHAI). FASTag permits individuals to drive by means of the FASTag lanes with out having to cease to pay the toll taxes as costs are deducted from the pay as you go or checking account. Users can merely recharge their FASTag and go by means of toll plazas with out worrying about change or stopping.
    So how can one purchase a FASTag from Google Pay utilizing the ICICI Bank as an possibility 
    1. Open the Google Pay app.
    2. Tap on ICICI Bank FASTag underneath Businesses.
    3. Tap on Buy new FASTag possibility.
    4. Enter your PAN card particulars, registration certificates (RC) copy, car quantity, and tackle particulars.
    5. Verify your cellular quantity by means of OTP.
    6. Proceed for fee.
    7. Order will get positioned as soon as the fee is completed. The FASTag ought to be delivered to your private home, and you’ll then paste it in your automotive. Recharge it from the when app travelling exterior town.