FASTag- Pay Highway Toll Online & ETC Recharge Process: An “Electronic Toll Collection (ETC)” system has been introduced by the ‘National Highway Authority of India’ to address the problems arising out of toll collection systems at toll plazas. The Electronic Toll Collection System or Fastag Scheme was first introduced in India in 2014. Which is gradually being implemented to few toll plazas across the country. With the help of the FASTag system, you will be able to get rid of the troubles while paying toll tax in the toll plaza. With the help of Fastag, you will be able to pay your toll tax at the toll plaza non-stop. All you need to do is a FASTag chip on your vehicle. You can buy this Tag from any official Tag Issuer, such as all nationalized banks and Paytm etc.
FASTags will soon be made available at petrol pumps to speed up the collection of tolls on the road across the country. Later, they can also be used to buy petrol and pay parking fees. Union Road Transport and Highways Minister Mr. Nitin Gadkari said, “From now on Fastag will be available at petrol pumps and we plan to make it available across the country. Apart from this, there are also plans that customers can use this card to buy petrol and pay parking facilities.” Below we are giving you complete information about the FASTag scheme. Kindly read the full article carefully till the end.
What is FASTag & what are its Benefits?
A FASTag is a device (chip) mounted on the glass facing the vehicle. And it has Radio Frequency Identification (RFID). As soon as your car comes near the toll plaza. So as soon as the sensor on the toll plaza comes in contact with the FASTag installed in the windscreen of your vehicle, your FASTag account deducts the fee levied on that toll plaza and you pay your toll tax without stopping there. This tag installed in the vehicle will start working as soon as your prepaid account is activated. At the same time, when the amount of your FASTag account is exhausted, you will have to recharge it again. FASTag will have a validity of 5 years. That is, after 5 years you will have to install a new FASTag on your car.
Benefits of FASTag (Electronic Toll Collection System)-
The Ministry of Roads and Transport has introduced the FASTag system at several toll plazas in the country to solve the problem of a long line of vehicles and open money due to toll tax in toll plazas. FASTag will help save your time as well as your petrol or diesel.
There will also be the facility of SMS – Whenever you cross a toll plaza from a vehicle with Fastag, an SMS will come to you after deducting your fee from the FASTag account. You will also be informed about the amount that has been deducted from your Fastag account through SMS.
Bank for Recharge FASTag or Electronic Toll Collection Account-
FASTag will be recharged from these banks – You can recharge your Fastag account through Credit/Debit Card, RTGS, and Net Banking. At least Rs 100 and up to Rs 1,00,000 can be recharged in a FASTag Account. You can open your FASTag sticker and FASTag account by visiting any toll plaza and agency inside any point of sale (POS). You can find out the Point Of Sale in your vicinity by visiting the website of the National Highway Authority of India at https://nhai.gov.in/.
Many nationalized banks have introduced Paytm FASTag to make it easier to pay toll charges on all highways across the country.
Documents Required to take FASTag (ETC)-
At the time of opening a FASTag Account, you will also need to submit the following documents along with a given form, which is as follows:
- Passport size photo of the vehicle owner
- Vehicle Registration Certificate (RC)
- KYC Documents and Address Proof of Vehicle Owner
Buy FASTag Device Online to Pay Toll Tax-
According to Paytm, you can buy FASTag online on the Paytm App for older vehicles. Customers using Paytm FASTag will get a cashback of 7.5% on every toll transaction. The bank expects the number of vehicles using Paytm FASTag to cross 1 million by the end of this financial year.
Currently, Paytm Payment Bank is in talks with car companies to make Paytm FASTag available for customers buying new vehicles. Negotiations are also going on with car dealers for this. This includes Maruti, Hyundai, Tata, Mercedes, Renault among other car companies.
By the way, let us tell you that the Ministry of Road Transport and Highways has asked all the vehicle manufacturers and vehicle dealers to ensure that the vehicles being purchased must be fitted with FASTag by its owner. That is why it is now necessary that you must FASTag your vehicle. For more information, you can visit the official website at https://nhai.gov.in/.
Users, here we have provided you the complete details of the FASTag- Pay Highway Toll Online & ETC Recharge Process. If you have any queries related to the above post then feel free to comment down below. We will assist you shortly. Thanks for visiting www.readermaster.com, stay tuned for more updates.