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Fastags

Jan 18, 2020, 02.19 PM IST

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FASTAGS

FASTag mandatory now. Here are banks' customer care numbers for help

FASTags are currently issued by 23 certified banks through various channels such as Point-of-Sale (POS) at National Highway toll plazas and select bank branches. They are also available on e-commerce platforms such as Amazon and on Paytm.

Now, cash recharge option for FASTags

The government will roll out the option of cash recharge for FASTags to accelerate its adoption.

Mandatory FASTag rule relaxed for 65 toll plazas on National Highways citing high cash transactions

This comes after NHAI raised ‘concerns’ r...

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  • The highest daily toll collection via electronic system of FASTags has also been recorded at Rs 50 crore (single day collection) in January 2020 as compared to Rs 23 crore in November 2019.

    The expansion would also involve tie-ups with leading car makers Maruti Suzuki, Hyundai, Honda, Kia, and MG Motor, offering pre-fitted Paytm FASTags at the time of vehicle purchase.

    With the compulsory implementation of FASTag fast approaching, commuters heading to Kempegowda International Airport (KIA) are scared to use it. They have complained about paying 'double toll'.

    During the assessment of highways, NHAI will look at the duration of traffic jams on highway stretches, the way-side amenities available and tow-away facilities in case of vehicle breakdown. Depending on the observations from the exercise, changes and improved practices will be incorporated in the design stage itself.

    About 6.4 crore transactions FASTag transactions worth Rs.1256 crore was processed in December as against 3.4 crore transactions worth Rs.774 crore in November, the latest National Payments Corporation of India (NPCI) data released on Wednesday showed. A total of three crore 3.1 crore transactions worth Rs.703 crore in October was processed.

    While the authority has already mandated implementation of FASTag on toll plazas and conversion of cash toll lanes to FASTag lanes, the speed breakers or rumble strips constructed at toll plazas are being removed with immediate effect for smooth vehicular movement.

    Reserve Bank of India said that it’ll allow customers to link their FASTag accounts with all authorised modes of payments.

    "Over 1.15 crore FASTags have already been issued, with more than one lakh being issued every day," the Ministry of Road Transport & Highways said. The daily transactional value has crossed Rs 52 crore with the number of FASTag payments surpassing 30 lakh. A FASTag provides smooth journey to commuters through toll plazas on national highways.

    Reserve Bank of India said that it’ll allow customers to link their FASTag accounts with all authorised modes of payments.

    Any BHIM UPI-enabled mobile app would now give vehicle owners the opportunity to recharge their FASTags on the go and avoid queues at toll plazas, NCPI said in a release.

    The idea is to improve upon the red flags, which have helped the government improve compliance, resulting in filing of the GSTR-3B forms rising over 12% to 81 lakh returns by the December 20 deadline.

    Weak compliance, which resulted in less than 70 lakh returns being filed by the deadline just over a year ago, was seen to be one of the reasons for leakages.

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