Stock Analysis, IPO, Mutual Funds, Bonds & More

FASTags for cars must by January 15. Here is everything you need to know

FASTags affixed on vehicle windscreens would enable toll to be debited from a linked account.

Last Updated: Dec 19, 2019, 12.14 PM IST
Tax Calculator
You need to get a FASTag for your car by January 15. The prepaid rechargeable tags were supposed to roll out by December 15 this year, but the deadline was extended by a month due to a shortage of tags in the market.

Introduced in 2014, FASTags affixed on vehicle windscreens would enable toll to be debited from a linked account, without requiring vehicles to stop for transactions. Around 1 crore FASTags have been issued so far. But there is still a lot of confusion about how to go about getting one and how to recharge it. Here's a primer:

  1. Where can I get a FASTag from?
    You can get time from any bank's website, Amazon, Flipkart and Paytm Mall. Offline, these are available at point of sale (PoS) locations of the certified issuing banks, there are 24 of them, at toll plazas or banks’ sales offices. You can also get them at Common Service Centres, at the office of toll operator at plazas, a few petrol pumps, and the regional offices of NHAI.
  2. What kind of paperwork is needed?
    FASTags are linked to an account, so KYC documentation is required. You will need to submit the Registration Certificate (RC) of the vehicle along with the application for FASTag and your own proof of identity.
  3. How much does one pay for a FASTag?
    A tag costs Rs 100, but now it is being given away free. Then, there’s a Rs 200 security money (for NHAI tags there is Rs 150 discount). This is the onetime cost. You will, of course, need to top up your tag with the money which will then get deducted at toll plazas. Rs 200 is the minimum initial top-up.
  4. And, how do you top up?
    Issuing banks give the facility for recharging a tag linked to a bank account through various channels such as payment through cheque, credit card/debit card/NEFT/RTGS or through net banking & UPI as well. You need to check the website of the issuer bank. For NHAI tags, you need to download My FASTag app (in android) & link your FASTag either with your bank account directly or create a wallet.
  5. What is the validity of a FASTag?
    FASTags have unlimited validity. The balance amount is nonlapsable and the unspent amount is carried forward.
  6. What if you have an old FASTag? Will that work?
    All pre-installed FASTags in new vehicles post-2017 are functional. But you will need to locate the SMS you received when the vehicle was taken out of the showroom. It has details of the issuing bank and you can revive it. In case, you have lost that message, take a photograph or note the FASTag no and send it to the issuer bank. You can call the helpline number mentioned on the tag or call the NHAI helpline number 1033. If you have one that goes back to before 2017, you will need to replace it with a new one.
  7. How do you how much you spent on tolls?
    You will receive an SMS alert on your registered phone number each time a sum is deducted from your FASTag account.
  8. In case you are going on a long journey and are worried about low balance…
    You can call the helpline of your issuing bank or check in your login portal.
  9. Can you switch from one bank to another?
    Currently, this provision is not there. To switch to a new bank, you have to surrender/block the current one and buy a new FASTag.
  10. What if the car you’re driving is in your spouse’s name?
    You need to key in the RC details, which gets verified, and give your mobile number to link your account.

Also Read

Now, cash recharge option for FASTags

FASTag to be available free of charge for 15 days

Deadline for FASTag deferred

Free FASTags for faster switch

FASTags should be mandatory for vehicle insurance: Nitin Gadkari

Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service