Everything you need to know about Fastags and their importance for car owners.
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For many car owners, navigating through toll plazas has been a significant part of their travel, often associated with long queues and delays. However, this is rapidly changing with the advent of FASTag, a revolutionary electronic toll collection system. But what is FASTag in a car? FASTag, in the simplest terms, is a piece of equipment that uses RFID technology to allow drivers to pay for tolls directly from a linked account.
The device sits on the vehicle's windshield and can move you through toll plazas without pauses for cash transactions. This system is less time-consuming and ensures a hassle-free journey.
What is the use of FASTag in the car?
The primary use of FASTag in cars is to facilitate electronic toll collection, thereby reducing the waiting time at toll plazas. It belongs to the National Electronic Toll Collection (NETC) program established by the National Payments Corporation of India (NPCI).
This program was made to make nationwide toll payments easy and painless. For a FASTag owner, it means no more handling cash or waiting in long queues, as toll amounts get automatically deducted from their FASTag account.
How does FASTag work in a car
When a car equipped with a FASTag arrives at a toll plaza, the plaza's RFID reader reads the FASTag's unique code to deduct the toll charge from the linked account automatically.
The toll gate then opens, allowing the car to pass without stopping. This system speeds up the toll collection process and reduces traffic congestion and pollution at toll booths.
How to purchase a new FASTag on the Bajaj Finserv BBPS platform and the Bajaj Finserv App?
Purchasing a new FASTag has been made incredibly easy and convenient through digital platforms like the Bajaj Finserv BBPS platform and the Bajaj Finserv app. Here is how you can do it:
- Download and install: Start by downloading the Bajaj Finserv app or visiting the Bajaj Finserv BBPS platform online.
- Navigate to FASTag: Look for the FASTag option within the platform.
- Enter details: Fill in the required details, such as your vehicle registration number
- Make payment: The cost of FASTag will vary based on car type and issuing bank or platform, but all will include a tag issuance fee and the initial recharge amount.
As per the transaction amount and payment mode (including applicable taxes), a convenience fee of up to 2% will be levied
Benefits of using the Bajaj Finserv platform
Opting for the Bajaj Finserv platform to purchase and manage your FASTag brings numerous benefits:
- Convenience: Quick and smart purchase and recharge of FASTag from anywhere.
- Security: Robust payment options ensure your financial safety.
- Transparency: Detailed transaction records and notifications inform you about your toll payments and account balance.
Simply put, FASTag is a game-changer for car owners, offering a convenient, time-saving, and eco-friendly way to handle toll payments.
With digital platforms like the Bajaj Finserv BBPS platform and the Bajaj Finserv app, purchasing and managing your FASTag is easier than ever, adding to the myriad of benefits this system offers.
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Frequently asked questions
Yes, FASTag has been made mandatory for all cars passing through toll plazas across national highways in India, ensuring a smooth and efficient toll collection process.
FASTag car costs usually include a one-time tag issuance fee, a refundable security deposit, and the initial amount to be recharged into the FASTag account. The exact amount may differ based on the issuing bank or platform.
Yes, obtaining a FASTag involves a cost covering the tag issuance fee, security deposit, and initial recharge amount. Subsequent recharges for toll payments can be made according to the user's travel requirements.
