Explained: What are FASTags, benefits of FASTags.

What are FASTags?

 FASTag is an electronic toll collection system in India which is operated by the National Highway Authority of India (NHAI).

FASTAG is an RFID (Radio-frequency identification) passive tag used for making toll payments directly from the customers linked prepaid or savings/current account. It is attached to the vehicle’s windscreen and enables the customer to drive through toll plazas without stopping any toll payments. The toll fare is directly charged from the linked account of the customer. FASTag is also vehicle-specific, and once it is attached to a vehicle, it cannot be transferred to another vehicle. FASTag can be bought from any of the NETC Member Banks. For Prepaid account FASTAG’s it needs to be recharged/ topped-up as per the customer’s usage. If the customer’s adequate balance is not maintained, the FASTag gets blacklisted at the toll plaza. If the customer travels through a toll plaza without a recharge, he won’t be able to avail of the NETC services and pay the toll fare through cash.

Advantage

It offers the advantage of cashless payment and benefits like savings on fuel and time as the customer does not have to stop at the toll plaza.

  • Currently the program is live on 720+ toll plazas across the country. Please click here to view the complete list.
  • Please click here to view the live banks list.
  • Click here to know your Bank UPI Handle and recharge your NETC FASTag with UPI.
  • For more information on NETC FASTag, Click here
  • Click here To Check Your NETC FASTag Status
  • For NETC FASTag queries, please contact your issuing bank customer care number: Click here

Objectives of National Electronic Toll Collection system:

To create a composite interoperable ecosystem.Provides an interoperable secure framework capable of use across the country.
Simple and robust Framework.It increases transparency and efficiency in processing transactions.
Electronification of retail payments.
Reduce air pollution by reducing the congestion around toll plaza.
To serve the sub goal of Government of India.Reduce fuel consumption.
Reduce cash handling.
Enhance audit control by centralizing user account.
NETC Objective


What is RFID?

An RFID system consists of a tiny radio transponder, a radio receiver and a transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits digital data, usually an identifying inventory number, back to the reader. This number can be used to track inventory goods.

It uses electromagnetic fields to identify and track tags attached to objects automatically.

There are two types of RFID tags:

  • Passive tags: are powered by energy from the RFID reader’s interrogating radio waves.
  • Active tags: are powered by a battery and can be read at a more excellent range from the RFID reader to hundreds of meters.
What are the benefits of FASTag?

Cashless payment – FASTag users don’t need to carry cash for toll transactions, and don’t need to worry about collecting the exact change.
Faster transit – Auto-debit of exact amount through the FASTag enables faster transit through the toll plazas and saves time
Online recharge – FASTag can be recharged online through Credit Card / Debit Card / NEFT/ RTGS or Net Banking.
Promotional cashback – All FASTag users will get a monthly cashback of 5% on toll transactions in FY 2018-19.
SMS alerts – Instant SMS alerts on registered mobile number for toll transactions, low balance, etc.

What are the charges for FASTag?

FASTag is issued by Issuing Banks and banks charges a fixed deposit and recharge value threshold limit as per their internal policy. Please check the ‘Fees and Charges’ section of the respective Issuer Bank website for details.

What are the documents required to be submitted to apply for FASTag?

1. Signed FASTag application form(Provided by issuer bank).
2. RC of the vehicle
3. Passport size photograph of the vehicle owner
4. KYC documents as per the category of the vehicle owner
5. A valid driving license
6. Image of Vehicle (Optional).

How to recharge Fastag?

A. Those NHAI FASTags, which are linked to a bank account can be recharged via UPI on My FASTag App through net banking, UPI and debit/credit card.
B. For bank-specific FASTag or those purchased from a bank can be recharged by visiting the respective bank website.

Read More: Who is Elon Musk

Leave a Comment

SeasonRush
You cannot copy content of this page