Get a FASTag statement quickly by using your vehicle number
What is a FASTag statement
A FASTag statement is a comprehensive record of all your toll transactions made using your FASTag. This statement provides valuable insights into your toll expenditure, making it easier for you to manage your finances and track your journeys. It includes details such as date, location, and amount for each transaction, offering transparency and control over your toll expenses.
How to Download your FASTag Statement?
Downloading your FASTag statement through the BBPS platform on Bajaj Finserv is an effortless process:
- Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
- Open the app, log in, or register if you are a new user
- Go to ‘BILLS AND RECHARGES’ and select ‘FASTAG RECHARGE’
- Choose your FASTag issuer
- Enter your vehicle number and click on ‘PROCEED’
- Click on ‘DOWNLOAD’ and select the duration
- Select ‘DOWNLOAD PDF’ and your FASTag statement will be generated and downloaded to your device
How useful is a FASTag statement?
A FASTag statement provides a detailed record of transactions and activities related to your FASTag account. Here's how it helps:
Transaction history: It shows a comprehensive list of all the toll payments made using your FASTag. This helps you to keep track of your expenses related to toll payments.
Expense tracking: By reviewing your FASTag statement, you can monitor your toll expenses over a specific period. This is particularly useful for budgeting and expense management.
Account reconciliation: You can crosscheck your FASTag statement with your bank account or payment method to ensure accuracy and detect any discrepancies or unauthorized transactions.
Proof of payment: The statement serves as evidence of payment for tolls, which can be handy for expense claims or tax purposes.
Alerts for suspicious activity: Regularly checking your FASTag statement allows you to quickly identify any suspicious or fraudulent transactions and report them to the appropriate authorities.
Benefits of downloading FASTag statement online
Downloading your FASTag statement online offers several benefits:
Financial tracking
It helps you track your toll expenses and manage your budget effectively.
Transparency
You can verify toll charges and ensure they are accurate.
Historical data
Access to historical data simplifies tax and expense reporting.
Convenience
Easily accessible from anywhere, reducing the need for physical paperwork.
Check and download FASTag statement on Bajaj Finserv
In the age of digital payments and seamless transactions, FASTag provided by the NPCI has emerged as a convenient solution for toll payments on Indian highways. As a customer, it is essential to stay updated on your FASTag transactions, and that is where your FASTag statement comes into play.
Checking the FASTag transaction history can be achieved easily. For this process, firstly, download and install the FASTag issuing bank app or log in to the website portal. Create an account using your credentials such as mobile number, vehicle number or FASTag ID. Once you're logged in, click on the FASTag option usually found in the main menu. After that, go to the "Transaction" or "Transaction History" section. Here, you will see a list of all your transactions. You can view the date, time, toll name, and amount deducted. Some platforms may also allow you to filter the transactions by date or location.
The BBPS platform on Bajaj Finserv simplifies bill payments with its extensive network, offering a seamless and secure way to settle utility bills and more. Users can enjoy the convenience of managing multiple payments through a single platform while ensuring secure records, and timely and hassle-free transactions.
Why download the FASTag statement on your device?
Downloading the FASTag statement on your device offers an organized record of all toll transactions. It helps you in tracking expenses, spotting discrepancies, and resolving disputes related to toll deductions quickly. It can also be used for filing tax returns where toll charges are claimed as expenses. Additionally, it aids in budget planning for frequent travelers. Thus, having a FASTag statement at your disposal helps maintain financial clarity and control.
How does FASTag work?
FASTag is an electronic toll collection system implemented on Indian highways to streamline toll payments. Here’s how it works:
1. Tag installation:
- A FASTag is a small tag or sticker affixed to your vehicle’s windshield.
- It contains an embedded Radio Frequency Identification (RFID) chip.
2. Prepaid account linkage:
- You link your FASTag to a prepaid account with a bank or payment provider.
- This account is debited for toll charges.
3. Automatic toll collection:
- As your vehicle approaches a toll plaza, the FASTag scanner reads the RFID tag.
- The toll amount is automatically deducted from your prepaid account.
- No need to stop or pay in cash.
4. Benefits:
- Saves time and fuel by avoiding long queues at toll plazas.
- Reduces congestion and eases traffic flow.
- Offers cashback incentives for using FASTag.
In summary, FASTag simplifies toll payments, making travel more convenient and efficient on Indian highways.
