Finance

Here’s why you must buy a FASTag now without any delay

India’s highways are one of the busiest in the world, with millions of vehicle owners utilising them every day. The toll collection process has long been a source of concern for such travellers, often leading to long queues and delays. However, with the introduction of FASTag, the toll collection system in India has experienced a huge transformation.

FASTag enables automated toll payments and lets you pass through toll plazas without stopping for transactions. All you need to do is get a FASTag, load it with sufficient balance, affix it on your vehicle’s windscreen, and pass through toll plazas – your FASTag wallet will automatically be debited with an appropriate toll charget each time you cross a toll plaza.

Aside from being required for all four-wheelers, here are four additional reasons why you should purchase a FASTag right away.

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1. FASTag can be used for parking payments at selected locations

Earlier, parking costs at airports, malls, and various commercial complexes had to be paid with cash or credit/debit cards. Now, parking fees can be paid through FASTag at selected parking centres across key metros including Mumbai, Chennai, Delhi, and Bengaluru. When you approach a FASTag-enabled parking facility, the relevant amount will be deducted from your FASTag account. It brings greater convenience to customers and helps to improve efficiency in the management of parking resources. Plus, it’s more environmentally friendly since there’s no need for paper receipts.

2. Easy online recharge

The FASTag recharge online process is fast and simple. You can recharge your FASTag account online within a few minutes through multiple channels such as Net Banking (NEFT / RTGS / IMPS), credit / debit cards, UPI apps like BHIM / Google Pay / PhonePe etc. You can even set up Auto Recharge by setting Standing Instructions (SI) where the recharge will happen automatically when the FASTag balance falls below a certain threshold limit.

3. SMS alerts for all transactions

You will get regular alerts on your registered mobile number whenever you carry out a transaction using FASTag. Furthermore, majority of banks and FASTag issuers provide an online customer portal where you can view account history, check balances, and more.

4. FASTag is environment friendly

Given the current state of climate change, it is important to find ways to reduce carbon footprints. FASTag helps the environment by reducing fuel consumption and emissions by eliminating long queues at toll plazas. This, in turn, helps reduce air pollution caused by vehicles idling at toll plazas and burning fuel unnecessarily. Moreover, FASTag eliminates the need for receipts. This not only saves paper but also reduces the amount of ink and toner used.

Closing thoughts

If you don’t have a FASTag, not only will you be charged double the toll fee, but you will also waste a lot of time waiting in queues at the toll plazas. So you must apply for FASTag without any further delay.

You can purchase it offline at NETC-operated toll plazas or online through several authorised issuers. You will need to provide some basic information, including your vehicle’s registration number and KYC/address details, and link the FASTag to a prepaid wallet or savings account. Once done, you can enjoy the convenience of driving through toll plazas without any delay.

Elizabeth R. Cournoyer

Web enthusiast. Internet fanatic. Music geek. Gamer. Reader. Hipster-friendly coffee practitioner. Spent 2001-2007 merchandising human hair in Fort Lauderdale, FL. Spent 2001-2007 short selling tinker toys in Fort Walton Beach, FL. Spent 2001-2007 importing acne in Phoenix, AZ. Spent several months importing methane in Mexico. Spent the better part of the 90's creating marketing channels for wooden horses in Bethesda, MD. Lead a team implementing toy monkeys in Deltona, FL.

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