As per the declaration by the Road, Transport and Highways Minister of India, FASTags are mandatory for all private and commercial vehicles from 15th January 2020. Vehicles that are yet to possess a FASTag are required to pay a penalty fee of twice the normal charges at FASTag toll booths on Indian highways. Hence, for individuals who travel on the highways frequently need to be aware of the concept of toll taxes and understand what is FASTag.
What is FASTag?
FASTag is a card which uses RFID or Radio Frequency Identification technology to ensure automatic deduction of toll charges from a prepaid account. So, you are not required to stop for any transaction at the toll booth, thus adding to the convenience of long-distance travels. To adopt this technology, get FASTag for your vehicle as soon as possible.
The prepaid account from which the toll charges are deducted is called a FASTag account. When you pass through a toll booth, the FASTag card which is attached to your vehicle’s windscreen is scanned by a tag reader at the concerned toll booth. As a confirmation of the deducted toll tax, you will receive an SMS on the registered mobile number of your FASTag account.
Benefits and features of FASTag
After getting to know what is FASTag, you need to learn about the several features and benefits of availing FASTag, which are –
FASTag not only saves time but also fuel
Since you do not need to wait at long queues on toll booths, FASTag helps save time as well as fuel for users.
With the help of FASTag in India, automatic toll taxes promote eco-friendly payment systems that do not require use of paper.
Validity of 5 years
Your FASTag account is valid for 5 years and you can avail as many top ups as needed.
Easy recharge process
You can recharge your FASTag account easily with online payment systems such as UPI, net-banking, credit/debit cards, etc. So, if you are on a road trip and have forgotten about your FASTag account balance, you can easily recharge in a matter of minutes.
However, to financially secure yourself for any unanticipated accidents, you can opt for a road trip insurance policy. Reputed insurance aggregators such as Bajaj Finserv offer the Road Trip Cover insurance policy under Pocket Insurance & Subscriptions.
How to get FASTag?
You can apply for FASTag by considering this online application process –
Visit the official website of the FASTag issuing company and fill in necessary personal details on the application form such as name, address, PAN, vehicle registration number, etc.
You are required to upload soft copies of your KYC documents for identity verification.
Next, click on submission, and you will be redirected to a payment gateway where you need to pay the application fees through net-banking, credit or debit cards, etc.
Thus your online application of FASTag is complete. On approval, your FASTag will reach you within a window of 4 to 7 days.
If you are planning a short vacation for the weekend that comprises a long-distance journey on road, it is advised to avail a FASTag India card for the above mentioned benefits. You can also obtain a weekend getaway road trip cover to lower your expenses for any unforeseen financial emergency.
Hence, from the above discussion, you get to know what is Fastag and why the Indian government has made it mandatory to avail one.